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0001047469-11-001398.txt : 20110225
0001047469-11-001398.hdr.sgml : 20110225
20110225160845
ACCESSION NUMBER: 0001047469-11-001398
CONFORMED SUBMISSION TYPE: 10-K
PUBLIC DOCUMENT COUNT: 12
CONFORMED PERIOD OF REPORT: 20101231
FILED AS OF DATE: 20110225
DATE AS OF CHANGE: 20110225
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Extra Space Storage Inc.
CENTRAL INDEX KEY: 0001289490
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 201076777
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 10-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32269
FILM NUMBER: 11641011
BUSINESS ADDRESS:
STREET 1: 2795 COTTONWOOD PARKWAY, SUITE 400
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84121
BUSINESS PHONE: 801-562-5556
MAIL ADDRESS:
STREET 1: 2795 COTTONWOOD PARKWAY, SUITE 400
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84121
10-K
1
a2202138z10-k.htm
10-K
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EXTRA SPACE STORAGE INC. Table of Contents
Item 8. Financial Statements and Supplementary Data
Table of Contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549
FORM 10-K
(Mark One)
ý
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2010
OR
o
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period
from to
.
Commission File Number: 001-32269
EXTRA SPACE STORAGE INC. (Exact name of registrant as specified in its charter)
Maryland
(State or other jurisdiction of
incorporation or organization)
20-1076777
(I.R.S. Employer
Identification No.)
2795 East Cottonwood Parkway, Suite 400
Salt Lake City, Utah 84121
(Address of principal executive offices and zip code)
Registrant's
telephone number, including area code: (801) 562-5556
Securities
Registered Pursuant to Section 12(b) of the Act:
Title of Each Class
Name of exchange on which registered
Common Stock, $0.01 par value
New York Stock Exchange, Inc.
Securities
registered pursuant to Section 12(g) of the Act: None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities
Act. Yes ý No o
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the
Act. Yes o No ý
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past
90 days. Yes ý No o
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period
that the registrant was required to submit and post such
files). Yes ý No o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment of
this Form 10-K. o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting
company. See the definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer ý
Accelerated filer o
Non-accelerated filer o (Do not check if a
smaller reporting company)
Smaller reporting company o
Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange
Act). Yes o No ý .
The aggregate market value of the common stock held by non-affiliates of the registrant was $1,108,215,405 based upon the closing price on the New York
Stock Exchange on June 30, 2010, the last business day of the registrant's most recently completed second fiscal quarter. This calculation does not reflect a determination that persons whose
shares are excluded from the computation are affiliates for any other purpose.
The number of shares outstanding of the registrant's common stock, $0.01 par value per share, as of February 14, 2011 was 87,954,417.
Documents Incorporated by Reference
Portions
of the registrant's definitive proxy statement to be issued in connection with the registrant's annual stockholders' meeting to be held in 2011 are incorporated by reference
into Part III of this Annual Report on Form 10-K.
Table of Contents
EXTRA SPACE STORAGE INC. Table of Contents
2
Table of Contents
Statements Regarding Forward-Looking Information
Certain information set forth in this report contains "forward-looking statements" within the meaning of the
federal securities laws. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures,
financing needs, plans or intentions relating to acquisitions and other information that is not historical information. In some cases, forward-looking statements can be identified by terminology such
as "believes," "expects," "estimates," "may," "will," "should," "anticipates," or "intends" or the negative of such terms or other comparable terminology, or by discussions of strategy. We may also
make additional forward-looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by us or on our behalf, are also expressly qualified by these
cautionary statements.
All forward-looking statements, including without limitation, management's examination of historical operating trends and estimates of future earnings, are based
upon our current expectations and various assumptions. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them, but there can be no
assurance that management's expectations, beliefs and projections will result or be achieved. All forward-looking statements apply only as of the date made. We undertake no obligation to publicly
update or revise forward-looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in or
contemplated by this report. Any forward-looking statements should be considered in light of the risks referenced in "Part I. Item 1A. Risk Factors" below. Such factors include, but are
not limited to:
adverse changes in general economic conditions, the real estate industry and in the markets in
which we operate;
the effect of competition from new and existing self-storage facilities or other
storage alternatives, which could cause rents and occupancy rates to decline;
difficulties in our ability to evaluate, finance, complete and integrate acquisitions and
developments successfully and to lease up those properties, which could adversely affect our profitability;
potential liability for uninsured losses and environmental
contamination;
the impact of the regulatory environment as well as national, state, and local laws and
regulations including, without limitation, those governing Real Estate Investment Trusts ("REITs"), which could increase our expenses and reduce our cash available for
distribution;
disruptions in credit and financial markets and resulting difficulties in raising capital or
obtaining credit at reasonable rates or at all, which could impede our ability to grow;
increased interest rates and operating costs;
reductions in asset valuations and related impairment
charges;
delays in the development and construction process, which could adversely affect our
profitability;
the failure of our joint venture partners to fulfill their obligations to us or their pursuit of
actions that are inconsistent with our objectives;
the failure to maintain our REIT status for federal income tax
purposes;
economic uncertainty due to the impact of war or terrorism, which could adversely affect our
business plan; and
difficulties in our ability to attract and retain qualified personnel and management
members.
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The forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently
available to us. These beliefs, assumptions and expectations are subject to risks and uncertainties and can change as a result of many possible events or factors, not all of which are known to us. If
a change occurs, our business, financial condition, liquidity and results of operations may vary materially from those expressed in our forward-looking statements. You should carefully consider these
risks before you make an investment decision with respect to our securities.
We disclaim any duty or obligation to update or revise any forward-looking statements set forth in this Annual Report on Form 10-K to reflect
new information, future events or otherwise.
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PART I
Item 1. Business
General
Extra Space Storage Inc. ("we," "our," "us" or the "Company") is a self-administered and self-managed
real estate investment trust ("REIT") formed as a Maryland corporation on April 30, 2004 to own, operate, manage, acquire, develop and redevelop professionally managed self-storage
facilities. We closed our initial public offering ("IPO") on August 17, 2004. Our common stock is traded on the New York Stock Exchange under the symbol "EXR."
We
were formed to continue the business of Extra Space Storage LLC and its subsidiaries (the "Predecessor"), which had engaged in the self-storage business since 1977.
These companies were reorganized after the consummation of our IPO and various formation transactions. As of December 31, 2010, we held ownership interests in 660 operating properties. Of these
operating properties, 295 are wholly owned, and 365 are owned in joint venture partnerships. An additional 160 operating properties are owned by franchisees or third parties and operated by us in
exchange for a management fee, bringing the total number of operating properties which we own and/or manage to 820. These operating properties are located in 34 states and Washington, D.C. and contain
approximately 59 million square feet of net rentable space in approximately 550,000 units and currently serve a customer base of over 425,000 tenants.
We
operate in three distinct segments: (1) property management, acquisition and development; (2) rental operations; and (3) tenant reinsurance. Our property
management, acquisition and development activities include managing, acquiring, developing and selling self-storage facilities. On June 2, 2009, we announced the
wind-down of our development activities. As of December 31, 2010, there were six development projects in process. We expect to complete these projects by the end of 2011. Our rental
operations activities include rental operations of self-storage facilities. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants
in the Company's self storage facilities.
Substantially
all of our business is conducted through Extra Space Storage LP (the "Operating Partnership"). Our primary assets are general partner and limited partner interests
in the Operating Partnership. This structure is commonly referred to as an umbrella partnership REIT, or UPREIT. We have elected to be taxed as a REIT under the Internal Revenue Code of 1986, as
amended (the "Internal Revenue Code"). To the extent we continue to qualify as a REIT we will not be subject to tax, with certain exceptions, on our net taxable income that is distributed to our
stockholders.
We
file our annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and all amendments to those
reports with the Securities and Exchange Commission (the "SEC"). You may obtain copies of these documents by visiting the SEC's Public Reference Room at 100 F Street, N.E., Washington, D.C.
20549, by calling the SEC at 1-800-SEC-0330 or by accessing the SEC's website at www.sec.gov. In addition, as soon as reasonably practicable after such materials
are furnished to the
SEC, we make copies of these documents available to the public free of charge through our website at www.extraspace.com, or by contacting our Secretary at our principal offices, which are located at
2795 East Cottonwood Parkway, Suite 400, Salt Lake City, Utah 84121, telephone number (801) 562-5556.
Management
Members of our executive management team have significant experience in all aspects of the self-storage industry. The
senior management team has collectively acquired and/or developed 536 properties since our IPO. Our executive management team and their years of industry experience are as follows: Spencer F. Kirk,
Chairman and Chief Executive Officer, 10 years; Kent W. Christensen,
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Executive
Vice President and Chief Financial Officer, 13 years; Charles L. Allen, Executive Vice President and Chief Legal Officer, 13 years; and Karl Haas, Executive Vice President and
Chief Operating Officer, 23 years.
Members
of the executive management team have guided the Company through substantial growth, developing and acquiring over $4.1 billion in assets since 1996. This growth has been
funded through public equity offerings and more than $2.0 billion in private equity capital since 1998. This private equity capital has come primarily from sophisticated, high
net-worth individuals and institutional investors such as affiliates of Prudential Financial, Inc. and Fidelity Investments.
Our
executive management and board of directors have a significant ownership position in the Company with executive officers and directors owning approximately 6,870,214 shares or
7.8% of our outstanding common stock as of February 14, 2011.
Industry & Competition
Self-storage facilities refers to properties that offer month-to-month storage space rental for
personal or business use. Self-storage offers a cost-effective and flexible storage alternative. Tenants rent fully enclosed spaces that can vary in size according to their
specific needs and to which they have unlimited, exclusive access. Tenants have responsibility for moving their items into and out of their
units. Self-storage unit sizes typically range from five feet by five feet to 20 feet by 20 feet, with an interior height of eight to 12 feet. Properties generally have on-site
managers who supervise and run the day-to-day operations, providing tenants with assistance as needed.
Self-storage
provides a convenient way for individuals and businesses to store their possessions due to life changes, or simply because of a need for storage space. The mix
of residential tenants using a self-storage property is determined by a property's local demographics and often includes people who are looking to downsize their living space or others who
are not yet settled into a permanent residence. Items that residential tenants place in self-storage properties range from cars, boats and recreational vehicles, to furniture, household
items and appliances. Commercial tenants tend to include small business owners who require easy and frequent access to their goods, records, inventory or storage for seasonal goods.
Our
research has shown that tenants choose a self-storage property based primarily on the convenience of the site to their home or business, making high-density,
high-traffic population centers ideal locations for self-storage properties. A property's perceived security and the general professionalism of the site managers and staff are
also contributing factors to a site's ability to successfully secure rentals. Although most self-storage properties are leased to tenants on a month-to-month basis,
tenants tend to continue their leases for extended periods of time.
There
are seasonal fluctuations in occupancy rates for self-storage properties. Based on our experience, generally, there is increased leasing activity at
self-storage properties during the summer months due to the higher number of people who relocate during this period. The highest level of occupancy is typically at the end of July, while
the lowest level of occupancy is seen in late February and early March.
Since
inception in the early 1970's, the self-storage industry has experienced significant growth. In the past ten years, there has been even greater growth. According to the
Self-Storage Almanac (the "Almanac"), in 2000 there were only 31,947 self-storage properties in the United States, with an average occupancy rate of 83.7% of net rentable
square feet, compared to 49,356 self-storage properties in 2010 with an average occupancy rate of 75.5% of net rentable square feet.
Increased
supply has affected our business and has led to both pricing and discount pressure. The increased supply has limited our ability to increase revenues in many markets in which
we operate. Many markets have been able to absorb the increase in self-storage development due to superior
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demographics
and density. However, select markets have not been able to absorb the new facilities and have not performed as well.
We
have encountered competition when we have sought to acquire properties, especially for brokered portfolios. Aggressive bidding practices have been commonplace between both public and
private entities, and this competition will likely continue.
The
industry is also characterized by fragmented ownership. According to the Almanac, the top ten self-storage companies in the United States owned approximately 10.9% of
total U.S. self-storage properties, and the top 50 self-storage companies owned approximately 14.5% of the total U.S. properties as of December 31, 2010. We believe this
fragmentation will contribute to continued consolidation at some level in the future. We also believe that we are well positioned to compete for acquisitions given our historical reputation for
closing deals.
We
are the second largest self-storage operator in the United States. We are one of four public self-storage REITs along with Public Storage Inc., Sovran
Self-Storage, Inc., and U-Store-It Inc.
Long-Term Growth and Investment Strategies
Our primary business objectives are to maximize cash flow available for distribution to our stockholders and to achieve sustainable
long-term growth in cash flow per share in order to maximize long-term stockholder value. We continue to evaluate a range of growth initiatives and opportunities, including the
following:
Maximize the performance of properties through strategic, efficient and proactive
management. We pursue revenue generating and expense minimizing opportunities in our operations. Our revenue management team seeks to maximize revenue by responding to changing
market conditions through our technology system's ability to provide real-time, interactive rental rate and discount management. Our size allows us greater ability than most of our
competitors to implement national, regional and local marketing programs, which we believe will attract more customers to our stores at a lower net cost.
Expand our management
business. Our management business enables us to generate increased revenues through management fees and expand our geographic footprint.
This expanded footprint enables us to reduce our operating costs through economies of scale. In addition, we see our management business as a future acquisition pipeline. We pursue strategic
relationships with owners that strengthen our acquisition pipeline through agreements which typically give us first right of refusal to purchase the managed property in the event of a potential sale.
Acquire self-storage properties from strategic partners and
third parties. Our acquisitions team continues to selectively pursue the acquisition of single properties and multi-property portfolios
that we believe can provide stockholder value. We have established a reputation as a reliable, ethical buyer, which we believe enhances our ability to negotiate and close acquisitions. In addition,
our status as an UPREIT enables flexibility when structuring deals.
Financing of Our Long-Term Growth Strategies
Acquisition and Development Financing
We
currently have a $100.0 million revolving line of credit (the "Credit Line") that is collateralized by certain of our self-storage properties. As of December 31, 2010, the
Credit Line had asset collateralizing capacity of $100.0 million of which $100.0 million was drawn. On February 13, 2009, we entered into a $50.0 million revolving secured
line of credit (the "Second Credit Line") that is collateralized by certain of our self-storage properties. As of December 31, 2010, the Second Credit Line had asset collateralizing
capacity of approximately $50.0 million of
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which
$30.0 million was drawn. On June 4, 2010, we entered into a $45.0 million revolving secured line of credit (the "Third Credit Line") that is collateralized by mortgages on
certain lease-up real estate assets. As of December 31, 2010, the Third Credit Line had asset collateralizing capacity of $34.7 million of which $25.5 million was
drawn. On December 8, 2010, we entered into a $40.0 million revolving secured line of credit (the "Fourth Credit Line" and together with the Credit Line, Second Credit Line and Third
Credit Line, the "Credit Lines") that is collateralized by mortgages on certain of our self-storage properties. As of December 31, 2010, the Fourth Credit Line had asset
collateralizing capacity of approximately $40.0 million, of which $15.0 million was drawn. We expect to maintain a flexible approach in financing new property acquisitions. We plan to
finance future acquisitions and development through a combination of cash, borrowings under the Credit Lines, traditional secured mortgage financing, joint ventures and additional equity offerings.
Joint Venture Financing
We
own 358 of our stabilized properties and seven of our lease-up properties through joint ventures with third parties, including affiliates of Prudential Financial, Inc. In each
joint venture, we generally manage the day-to-day operations of the underlying properties and have the right to participate in major decisions relating to sales of properties
or financings by the applicable joint venture. Our joint venture partners typically provide most of the equity capital required for the operation of the respective business. Under the operating
agreements for the joint ventures, we typically maintain the right to receive between 2.0% and 60.0% of the available cash flow from operations after our joint venture partners and the Company have
received a predetermined return, and between 17.0% and 50.0% of the available cash flow from capital transactions after our joint venture partners and the Company have received a return of their
capital plus such predetermined return. Most joint venture agreements include buy-sell rights, as well as rights of first refusal in connection with the sale of properties by the joint
venture.
Disposition of Properties
We
will continue to review our portfolio for properties or groups of properties that are not strategically located and determine whether to dispose of these properties to fund other growth.
Regulation
Generally, self-storage properties are subject to various laws, ordinances and regulations, including regulations relating
to lien sale rights and procedures. Changes in any of these laws or regulations, as well as changes in laws, such as the Comprehensive Environmental Response and Compensation Liability Act, which
increase the potential liability for environmental conditions or circumstances existing or created by tenants or others on properties, or laws affecting development, construction, operation, upkeep,
safety and taxation may result in significant unanticipated expenditures, loss of self-storage sites or other impairments to operations, which would adversely affect our financial
position, results of operations or cash flows.
Under
the Americans with Disabilities Act of 1990 (the "ADA"), places of public accommodation are required to meet certain federal requirements related to access and use by disabled
persons. These requirements became effective in 1992. A number of additional U.S. federal, state and local laws also exist that may require modifications to the properties, or restrict further
renovations thereof, with respect to access thereto by disabled persons. Noncompliance with the ADA could result in the imposition of fines or an award of damages to private litigants and also could
result in an order to correct any non-complying feature, thereby requiring substantial capital expenditures. To the extent our properties are not in compliance, we are likely to incur
additional costs to comply with the ADA.
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Insurance
activities are subject to state insurance laws and regulations as determined by the particular insurance commissioner for each state in accordance with the McCarran-Ferguson
Act, and are subject to the Gramm-Leach-Bliley Act and the privacy regulations promulgated by the Federal Trade Commission pursuant thereto.
Property
management activities are often subject to state real estate brokerage laws and regulations as determined by the particular real estate commission for each state.
Changes
in any of the laws governing our conduct could have an adverse impact on our ability to conduct our business or could materially affect our financial position, results of
operations or cash flows.
Employees
As of February 14, 2011, we had 2,125 employees and believe our relationship with our employees is good. Our employees are not
represented by a collective bargaining agreement.
Item 1A. Risk Factors
An investment in our securities involves various risks. All investors should carefully consider the following risk factors in
conjunction with the other information contained in this Annual Report before trading in our securities. If any of the events set forth in the following risks actually occur, our business, operating
results, prospects and financial condition could be harmed.
Our
performance is subject to risks associated with real estate investments. We are a real estate company that derives our income from operation of our properties. There are a number of
factors that may adversely affect the income that our properties generate, including the following:
Risks Related to Our Properties and Operations
Adverse economic or other conditions in the markets in which we do business could negatively affect our occupancy levels and rental rates and therefore our operating
results.
Our operating results are dependent upon our ability to maximize occupancy levels and rental rates in our self-storage
properties. Adverse economic or
other conditions in the markets in which we operate may lower our occupancy levels and limit our ability to increase rents or require us to offer rental discounts. If our properties fail to generate
revenues sufficient to meet our cash requirements, including operating and other expenses, debt service and capital expenditures, our net income, funds from operations ("FFO"), cash flow, financial
condition, ability to make cash distributions to stockholders and the trading price of our securities could be adversely affected. The following factors, among others, may adversely affect the
operating performance of our properties:
the national economic climate and the local or regional economic climate in the markets in which we operate, which may be
adversely impacted by, among other factors, industry slowdowns, relocation of businesses and changing demographics;
periods of economic slowdown or recession, rising interest rates, or declining demand for self-storage or the
public perception that any of these events may occur could result in a general decline in rental rates or an increase in tenant defaults;
a decline or worsening of the current economic environment;
local or regional real estate market conditions such as competing properties, the oversupply of self-storage
or a reduction in demand for self-storage in a particular area;
perceptions by prospective users of our self-storage properties of the safety, convenience and attractiveness
of our properties and the neighborhoods in which they are located;
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increased operating costs, including the need for capital improvements, insurance premiums, real estate taxes and
utilities;
the impact of environmental protection laws;
earthquakes, hurricanes and other natural disasters, terrorist acts, civil disturbances or acts of war which may result in
uninsured or underinsured losses; and
changes in tax, real estate and zoning laws.
Recent
U.S. and international market and economic conditions have been challenging, with tighter credit conditions and slower growth through 2008, 2009 and 2010. For the year ended
December 31, 2010, concerns about the systemic impact of inflation, energy costs, geopolitical issues, the availability and cost of credit and other macro-economic factors have contributed to
increased market volatility and diminished expectations for the global economy and increased market uncertainty and instability. Turbulence in U.S. and international markets may adversely affect our
liquidity and financial condition, and the financial condition of our customers. If these market conditions continue, they may result in an adverse effect on our financial condition and results of
operations.
If we are unable to promptly re-let our units or if the rates upon such re-letting are significantly lower than expected, then our business and
results of operations would be adversely affected.
Virtually all of our leases are on a month-to-month basis. Any delay in re-letting units as
vacancies arise would reduce our revenues and harm our operating results. In addition, lower than expected rental rates upon re-letting could adversely affect our revenues and impede our
growth.
We depend upon our on-site personnel to maximize tenant satisfaction at each of our properties, and any difficulties we encounter in hiring, training and
maintaining skilled field personnel may harm our operating performance.
We had 1,793 field personnel as of February 14, 2011 in the management and operation of our properties. The general
professionalism of our site managers and staff are contributing factors to a site's ability to successfully secure rentals and retain tenants. We also rely upon our field personnel to maintain clean
and secure self-storage properties. If we are unable to successfully recruit, train and retain qualified field personnel, the quality of service we strive to provide at our properties
could be adversely affected which could lead to decreased occupancy levels and reduced operating performance.
Uninsured losses or losses in excess of our insurance coverage could adversely affect our financial condition and our cash flow.
We maintain comprehensive liability, fire, flood, earthquake, wind (as deemed necessary or as required by our lenders), extended
coverage and rental loss insurance with respect to our properties. Certain types of losses, however, may be either uninsurable or not economically insurable, such as losses due to earthquakes,
hurricanes, tornadoes, riots, acts of war or terrorism. Should an uninsured loss occur, we could lose both our investment in and anticipated profits and cash flow from a property. In addition, if any
such loss is insured, we may be required to pay significant amounts on any claim for recovery of such a loss prior to our insurer being obligated to reimburse us for the loss, or the amount of the
loss may exceed our coverage for the loss. As a result, our operating results may be adversely affected.
Increases in taxes and regulatory compliance costs may reduce our income.
Costs resulting from changes in real estate tax laws generally are not passed through to tenants directly and will affect us. Increases
in income, property or other taxes generally are not passed through to tenants under leases and may reduce our net income, FFO, cash flow, financial condition, ability to
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pay
or refinance our debt obligations, ability to make cash distributions to stockholders, and the trading price of our securities. Similarly, changes in laws increasing the potential liability for
environmental conditions existing on properties or increasing the restrictions on discharges or other conditions may result in significant unanticipated expenditures, which could similarly adversely
affect our business and results of operations.
Environmental compliance costs and liabilities associated with operating our properties may affect our results of operations.
Under various U.S. federal, state and local laws, ordinances and regulations, owners and operators of real estate may be liable for the
costs of investigating and remediating certain hazardous substances or other regulated materials on or in such property. Such laws often impose such liability without regard to whether the owner or
operator knew of, or was responsible for, the presence of such substances or materials. The presence of such substances or materials, or the failure to properly remediate such substances, may
adversely affect the owner's or operator's ability to lease, sell or rent such property or to borrow using such property as collateral. Persons who arrange for the disposal or treatment of hazardous
substances or other regulated materials may be liable for the costs of removal or remediation of such substances at a disposal or treatment facility, whether or not such facility is owned or operated
by such person. Certain environmental laws impose liability for release of asbestos-containing materials into the air and third parties may seek recovery from owners or operators of real properties
for personal injury associated with asbestos-containing materials.
Certain
environmental laws also impose liability, without regard to knowledge or fault, for removal or remediation of hazardous substances or other regulated materials upon owners and
operators of contaminated property even after they no longer own or operate the property. Moreover, the past or present owner or operator from which a release emanates could be liable for any personal
injuries or property damages that may result from such releases, as well as any damages to natural resources that may arise from such releases.
Certain
environmental laws impose compliance obligations on owners and operators of real property with respect to the management of hazardous materials and other regulated substances.
For example, environmental laws govern the management of asbestos-containing materials and lead-based paint. Failure to comply with these laws can result in penalties or other sanctions.
No
assurances can be given that existing environmental studies with respect to any of our properties reveal all environmental liabilities, that any prior owner or operator of our
properties did not create any material environmental condition not known to us, or that a material environmental condition does not otherwise exist as to any one or more of our properties. There also
exists the risk that material environmental conditions, liabilities or compliance concerns may have arisen after the review was completed or may arise in the future. Finally, future laws, ordinances
or regulations and future interpretations of existing laws, ordinances or regulations may impose additional material environmental liability.
Costs associated with complying with the Americans with Disabilities Act of 1990 may result in unanticipated expenses.
Under the ADA, places of public accommodation are required to meet certain federal requirements related to access and use by disabled
persons. These requirements became effective in 1992. A number of additional U.S. federal, state and local laws may also require modifications to our properties, or restrict certain further
renovations of the properties, with respect to access thereto by disabled persons. Noncompliance with the ADA could result in the imposition of fines or an award of damages to private litigants and
also could result in an order to correct any non-complying feature, which could result in substantial capital expenditures. We have not conducted an audit or investigation
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of
all of our properties to determine our compliance and we cannot predict the ultimate cost of compliance with the ADA or other legislation. If one or more of our properties is not in compliance with
the ADA or other legislation, then we would be required to incur additional costs to bring the facility into compliance. If we incur substantial costs to comply with the ADA or other legislation, our
financial condition, results of operations, cash flow, per share trading price of our securities and our ability to satisfy our debt service obligations and to make cash distributions to our
stockholders could be adversely affected.
We face competition for the acquisition of self-storage properties and other assets, which may impede our ability to make future acquisitions or may increase the
cost of these acquisitions.
We compete with many other entities engaged in real estate investment activities for acquisitions of self-storage
properties and other assets, including national, regional and local operators and developers of self-storage properties. These competitors may drive up the price we pay for
self-storage properties or other assets we seek to acquire or may succeed in acquiring those properties or assets themselves. In addition, our potential acquisition targets may find our
competitors to be more attractive suitors because they may have greater resources, may be willing to pay more or may have a more compatible operating philosophy. In addition, the number of entities
and the amount of funds competing for suitable investment properties may increase. This competition would result in increased demand for these assets and therefore increased prices paid for them.
Because of an increased interest in single- property acquisitions among tax-motivated individual purchasers, we may pay higher prices if we purchase single properties in comparison with
portfolio acquisitions. If we pay higher prices for self-storage properties or other assets, our profitability will be reduced.
We may not be successful in identifying and consummating suitable acquisitions that meet our criteria, which may impede our growth.
Our ability to expand through acquisitions is integral to our business strategy and requires us to identify suitable acquisition
candidates or investment opportunities that meet our criteria and are compatible with our growth strategy. We may not be successful in identifying suitable properties or other assets that meet our
acquisition criteria or in consummating acquisitions or investments on satisfactory terms or at all. Failure to identify or consummate acquisitions will slow our growth, which could in turn adversely
affect our stock price.
Our
ability to acquire properties on favorable terms and successfully integrate and operate them may be constrained by the following significant risks:
competition from local investors and other real estate investors with significant capital, including other publicly-traded
REITs and institutional investment funds;
competition from other potential acquirers may significantly increase the purchase price which could reduce our
profitability;
the inability to achieve satisfactory completion of due diligence investigations and other customary closing conditions;
failure to finance an acquisition on favorable terms or at all;
we may spend more than the time and amounts budgeted to make necessary improvements or renovations to acquired properties;
and
we may acquire properties subject to liabilities without any recourse, or with only limited recourse, with respect to
unknown liabilities such as liabilities for clean-up of undisclosed environmental contamination, claims by persons dealing with the former owners of the
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In
addition, strategic decisions by us, such as acquisitions, may adversely affect the price of our securities.
We may not be successful in integrating and operating acquired properties.
We expect to make future acquisitions of self-storage properties. If we acquire any self-storage properties, we
will be required to integrate them into our existing portfolio. The acquired properties may turn out to be less compatible with our growth strategy than originally anticipated, may cause disruptions
in our operations or may divert management's attention away from day-to-day operations, which could impair our operating results as a whole.
We do not always obtain independent appraisals of our properties, and thus the consideration paid for these properties may exceed the value that may be indicated by
third-party appraisals.
We do not always obtain third-party appraisals in connection with our acquisition of properties and the consideration being paid by us
in exchange for those properties may exceed the value determined by third-party appraisals. In such cases, the value of the properties were determined by our senior management team.
Our investments in development and redevelopment projects may not yield anticipated returns, which would harm our operating results and reduce the amount of funds available
for distributions.
On June 2, 2009, we announced the wind-down of our development activities. To the extent that we engage in
development and redevelopment activities, we will be subject to the following risks normally associated with these projects:
we may be unable to obtain financing for these projects on favorable terms or at all;
we may not complete development projects on schedule or within budgeted amounts;
we may encounter delays or refusals in obtaining all necessary zoning, land use, building, occupancy and other required
governmental permits and authorizations; and
occupancy rates and rents at newly developed or redeveloped properties may fluctuate depending on a number of factors,
including market and economic conditions, and may result in our investment not being profitable.
In
deciding whether to develop or redevelop a particular property, we make certain assumptions regarding the expected future performance of that property. We may underestimate the costs
necessary to bring the property up to the standards established for its intended market position or may be unable to increase occupancy at a newly developed property as quickly as expected or at all.
Any substantial unanticipated delays or expenses could adversely affect the investment returns from these development or redevelopment projects and harm our operating results, liquidity and financial
condition, which could result in a decline in the value of our securities.
We
may rely on the investments of our joint venture partners for funding certain of our development and redevelopment projects. If our reputation in the self-storage industry
changes or the number of investors considering us an attractive strategic partner is otherwise reduced, our ability to develop or redevelop properties could be affected, which would limit our growth.
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Risks Related to Our Organization and Structure
Our business could be harmed if key personnel with long-standing business relationships in the self-storage industry terminate their employment with
us.
Our success depends, to a significant extent, on the continued services of members of our executive management team. Our executive
management team has substantial experience in the self-storage industry. In addition, our ability to acquire or develop properties in the future depends on the significant relationships
our executive management team has developed with our institutional joint venture partners such as affiliates of Prudential Financial, Inc. There is no guarantee that any of them will remain
employed by us. We do not maintain key person life insurance on any of our officers. The loss of services of one or more members of our executive management team could harm our business and our
prospects.
We may change our investment and financing strategies and enter into new lines of business without stockholder consent, which may subject us to different risks.
We may change our investment and financing strategies and enter into new lines of business at any time without the consent of our
stockholders, which could result in our making investments and engaging in business activities that are different from, and possibly riskier than, the investments and businesses described in this
document. A change in our investment strategy or our entry into new lines of business may increase our exposure to other risks or real estate market fluctuations.
If other self-storage companies convert to an UPREIT structure or if tax laws change, we may no longer have an advantage in competing for potential acquisitions.
Because we are structured as an UPREIT, we are a more attractive acquirer of properties to tax-motivated sellers than our
competitors that are not structured as UPREITs. However, if other self-storage companies restructure their holdings to become UPREITs, this competitive advantage will disappear. In
addition, new legislation may be enacted or new interpretations of existing legislation may be issued by the Internal Revenue Service ("IRS"), or the U.S. Treasury Department that could affect the
attractiveness of our UPREIT structure so that it may no longer assist us in competing for acquisitions.
Tax indemnification obligations may require the Operating Partnership to maintain certain debt levels.
We have provided certain tax protections to various third parties in connection with their property contributions to the Operating
Partnership upon acquisition by the Company, including making available the opportunity to (1) guarantee debt or (2) enter into a special loss allocation and deficit restoration
obligation. We have agreed to these provisions in order to assist these contributors in preserving their tax position after their contributions. These obligations may require us to maintain certain
indebtedness levels that we would not otherwise require for our business.
Our joint venture investments could be adversely affected by our lack of sole decision-making authority.
As of December 31, 2010, we held interests in 365 operating properties through joint ventures. Some of these arrangements could
be adversely affected by our lack of sole decision-making authority, our reliance on co-venturers financial conditions and disputes between us and our co-venturers. We expect
to continue our joint venture strategy by entering into more joint ventures for the purpose of developing new self-storage properties and acquiring existing properties. In such event, we
would not be in a position to exercise sole decision-making authority regarding the property, partnership, joint venture or other entity. The decision-making authority regarding the properties we
currently hold through joint ventures is either vested exclusively with our joint venture partners, is subject to a majority vote of the joint venture partners or equally shared by us and the joint
venture partners. In
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addition,
investments in partnerships, joint ventures or other entities may, under certain circumstances, involve risks not present were a third party not involved, including the possibility that
partners or
co-venturers might become bankrupt or fail to fund their share of required capital contributions. Partners or co-venturers may have economic or other business interests or
goals which are inconsistent with our business interests or goals, and may be in a position to take actions contrary to our policies or objectives. Such investments may also have the potential risk of
impasses on decisions, such as a sale, because neither we nor the partner or co-venturer would have full control over the partnership or joint venture. Disputes between us and partners or
co-venturers may result in litigation or arbitration that would increase our expenses and prevent our officers and/or directors from focusing their time and efforts on our business.
Consequently, actions by or disputes with partners or co-venturers might result in subjecting properties owned by the partnership or joint venture to additional risk. In addition, we may
in certain circumstances be liable for the actions of our third-party partners or co-venturers, which could harm our financial condition.
Spencer F. Kirk, Chairman and Chief Executive Officer, Kent W. Christensen, Executive Vice President and Chief Financial Officer, Charles L. Allen, Executive Vice President
and Chief Legal Officer, and other members of our senior management team have outside business interests which could divert their time and attention away from us, which could harm our business.
Spencer F. Kirk, our Chairman and Chief Executive Officer, as well as certain other members of our senior management team, have outside
business interests. These business interests include the ownership of a self-storage property located in Pico Rivera, California. Other than this property, the members of our senior
management are not currently engaged in any other self-storage activities outside the Company. These outside business interests could interfere with their ability to devote time to our
business and affairs as a result, our business could be harmed.
Conflicts of interest could arise as a result of our relationship with our Operating Partnership.
Conflicts of interest could arise in the future as a result of the relationships between us and our affiliates, and our Operating
Partnership or any partner thereof. Our directors and officers have duties to our Company under applicable Maryland law in connection with their management of our Company. At the same time, we,
through our wholly-owned subsidiary, have fiduciary duties, as a general partner, to our Operating Partnership and to the limited partners under Delaware law in connection with the management of our
Operating Partnership. Our duties, through our wholly-owned subsidiary, as a general partner to our Operating Partnership and its partners may come into conflict with the duties of our directors and
officers to our Company. The partnership agreement of our Operating Partnership does not require us to resolve such conflicts in favor of either our Company or the limited partners in our Operating
Partnership. Unless otherwise provided for in the relevant partnership agreement, Delaware law generally requires a general partner of a Delaware limited partnership to adhere to fiduciary duty
standards under which it owes its limited partners the highest duties of good faith, fairness, and loyalty and which generally prohibit such general partner from taking any action or engaging in any
transaction as to which it has a conflict of interest.
Additionally,
the partnership agreement expressly limits our liability by providing that neither we, our direct wholly-owned Massachusetts business trust subsidiary, as the general
partner of the Operating Partnership, nor any of our or their trustees, directors or officers, will be liable or accountable in damages to our Operating Partnership, the limited partners or assignees
for errors in judgment, mistakes of fact or law or for any act or omission if we, or such trustee, director or officer, acted in good faith. In addition, our Operating Partnership is required to
indemnify us, our affiliates and each of our respective trustees, officers, directors, employees and agents to the fullest extent permitted by applicable law against any and all losses, claims,
damages, liabilities (whether joint or several), expenses (including, without limitation, attorneys' fees and other legal fees and expenses),
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judgments,
fines, settlements and other amounts arising from any and all claims, demands, actions, suits or proceedings, civil, criminal, administrative or investigative, that relate to the operations
of the Operating Partnership, provided that our Operating Partnership will not indemnify for (1) willful misconduct or a knowing violation of the law, (2) any transaction for which such
person received an improper personal benefit in violation or breach of any provision of the partnership agreement, or (3) in the case of a criminal proceeding, the person had reasonable cause
to believe the act or omission was unlawful.
The
provisions of Delaware law that allow the common law fiduciary duties of a general partner to be modified by a partnership agreement have not been resolved in a court of law, and we
have not obtained an opinion of counsel covering the provisions set forth in the partnership agreement that purport to waive or restrict our fiduciary duties that would be in effect under common law
were it not for the partnership agreement.
We may pursue less vigorous enforcement of terms of contribution and other agreements because of conflicts of interest with certain of our officers.
Spencer F. Kirk, Chairman and Chief Executive Officer, Kent W. Christensen, Executive Vice President and Chief Financial Officer,
Charles L. Allen, Executive Vice President and Chief Legal Officer, other members of our senior management team and Kenneth M. Woolley, Director, had direct or indirect ownership interests in certain
properties that were contributed to our Operating Partnership in the formation transactions. Following the completion of the formation transactions, we, under the agreements relating to the
contribution of such interests, became entitled to indemnification and damages in the event of breaches of representations or warranties made by the contributors. None of these contribution and
non-competition agreements was negotiated at an arm's-length basis. We may choose not to enforce, or to enforce less vigorously, our rights under these contribution and
non-competition agreements because of our desire to maintain our ongoing relationships with the individuals party to these agreements.
Certain provisions of Maryland law and our organizational documents, including the stock ownership limit imposed by our charter, may inhibit market activity in our stock and
could prevent or delay a change in control transaction.
Our charter, subject to certain exceptions, authorizes our directors to take such actions as are necessary and desirable to preserve
our qualification as a REIT and to limit any person to actual or constructive ownership of no more than 7.0% (by value or by number of shares, whichever is more restrictive) of our outstanding common
stock or 7.0% (by value or by number of shares, whichever is more restrictive) of our outstanding capital stock. Our board of directors, in its sole discretion, may exempt a proposed transferee from
the ownership limit. However, our board of directors may not grant an exemption from the ownership limit to any proposed transferee whose ownership could jeopardize our qualification as a REIT. These
restrictions on ownership will not apply if our board of directors determines that it is no longer in our best interests to attempt to qualify, or to continue to qualify, as a REIT. The ownership
limit may delay or impede a transaction or a change of control that might involve a premium price for our securities or otherwise be in the best interests of our stockholders. Different ownership
limits apply to the family of Kenneth M. Woolley, certain of his affiliates, family members and estates and trusts formed for the benefit of the foregoing and Spencer F. Kirk, certain of his
affiliates, family members and estates and trusts formed for the benefit of the foregoing and certain designated investment entities (as defined in our charter).
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Our board of directors has the power to issue additional shares of our stock in a manner that may not be in the best interest of our stockholders.
Our charter authorizes our board of directors to issue additional authorized but unissued shares of common stock or preferred stock and
to increase the aggregate number of authorized shares or the number of shares of any class or series without stockholder approval. In addition, our board of directors may classify or reclassify any
unissued shares of common stock or preferred stock and set the preferences, rights and other terms of the classified or reclassified shares. Our board of directors could issue additional shares of our
common stock or establish a series of preferred stock that could have the effect of delaying, deferring or preventing a change in control or other transaction that might involve a premium price for
our securities or otherwise not be in the best interests of our stockholders.
Our rights and the rights of our stockholders to take action against our directors and officers are limited.
Maryland law provides that a director or officer has no liability in that capacity if he or she performs his or her duties in good
faith, in a manner he or she reasonably believes to be in our best interests and with the care that an ordinarily prudent person in a like position would use under similar circumstances. In addition,
our charter eliminates our directors' and officers' liability to us and our stockholders for money damages except for liability resulting from actual receipt of an improper benefit in money, property
or services or active and deliberate dishonesty established by a final judgment and which is material to the cause of action. Our bylaws require us to indemnify our directors and officers for
liability resulting from actions taken by them in those capacities to the maximum extent permitted by Maryland law. As a result, we and our stockholders may have more limited rights against our
directors and officers than might otherwise exist under common law. In addition, we may be obligated to fund the defense costs incurred by our directors and officers.
To the extent our distributions represent a return of capital for U.S. federal income tax purposes, our stockholders could recognize an increased capital gain upon a
subsequent sale of common stock.
Distributions in excess of our current and accumulated earnings and profits and not treated by us as a dividend will not be taxable to
a U.S. stockholder under current U.S. federal income tax law to the extent those distributions do not exceed the stockholder's adjusted tax basis in his, her, or its common stock, but instead will
constitute a return of capital and will reduce such adjusted basis. If distributions result in a reduction of a stockholder's adjusted basis in such holder's common stock, subsequent sales of such
holder's common stock will result in recognition of an increased capital gain or decreased capital loss due to the reduction in such adjusted basis.
Risks Related to the Real Estate Industry
Our primary business involves the ownership and operation of self-storage properties.
Our current strategy is to own, operate, manage, acquire, develop and redevelop only self-storage properties. Consequently,
we are subject to risks inherent in investments in a single industry. Because investments in real estate are inherently illiquid, this strategy
makes it difficult for us to diversify our investment portfolio and to limit our risk when economic conditions change. Decreases in market rents, negative tax, real estate and zoning law changes and
changes in environmental protection laws may also increase our costs, lower the value of our investments and decrease our income, which would adversely affect our business, financial condition and
operating results.
Illiquidity of real estate investments could significantly impede our ability to respond to adverse changes in the performance of our properties.
Because real estate investments are relatively illiquid, our ability to promptly sell one or more properties in our portfolio in
response to changing economic, financial and investment conditions is
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limited.
The real estate market is affected by many factors, such as general economic conditions, availability of financing, interest rates and other factors, including supply and demand, that are
beyond our control. We cannot predict whether we will be able to sell any property for the price or on the terms set by us or whether any price or other terms offered by a prospective purchaser would
be acceptable to us. We also cannot predict the length of time needed to find a willing purchaser and to close the sale of a property.
We
may be required to expend funds to correct defects or to make improvements before a property can be sold. We cannot assure you that we will have funds available to correct those
defects or to make those improvements. In acquiring a property, we may agree to transfer restrictions that materially restrict us from selling that property for a period of time or impose other
restrictions, such as a limitation on the amount of debt that can be placed or repaid on that property. These transfer restrictions would impede our ability to sell a property even if we deem it
necessary or appropriate.
Any investments in unimproved real property may take significantly longer to yield income-producing returns, if at all, and may result in additional costs to us to comply
with re-zoning restrictions or environmental regulations.
We have invested in the past, and may invest in the future, in unimproved real property. Unimproved properties generally take longer to
yield income-producing returns based on the typical time required for development. Any development of unimproved property may also expose us to the risks and uncertainties associated with
re-zoning the land for a higher use or development and environmental concerns of governmental entities and/or community groups. Any unsuccessful investments or delays in realizing an
income-producing return or increased costs to develop unimproved real estate could restrict our ability to earn our targeted rate of return on an
investment or adversely affect our ability to pay operating expenses which would harm our financial condition and operating results.
Any negative perceptions of the self-storage industry generally may result in a decline in our stock price.
To the extent that the investing public has a negative perception of the self-storage industry, the value of our securities
may be negatively impacted, which could result in our securities trading below the inherent value of our assets.
Risks Related to Our Debt Financings
Disruptions in the financial markets could affect our ability to obtain debt financing on reasonable terms and have other adverse effects on us.
The United States credit markets have experienced significant dislocations and liquidity disruptions which have caused the spreads on
prospective debt financings to widen. These circumstances have materially impacted liquidity in the debt markets, making financing terms for borrowers less attractive, and in certain cases have
resulted in the unavailability of certain types of debt financing. Uncertainty in the credit markets may negatively impact our ability to access additional debt financing or to refinance existing debt
maturities on favorable terms (or at all), which may negatively affect our ability to make acquisitions and fund development projects. A prolonged downturn in the credit markets may cause us to seek
alternative sources of potentially less attractive financing, and may require us to adjust our business plan accordingly. In addition, these factors may make it more difficult for us to sell
properties or may adversely affect the price we receive for properties that we do sell, as prospective buyers may experience increased costs of debt financing or difficulties in obtaining debt
financing. These events in the credit markets have also had an adverse effect on other financial markets in the United States, which may make it more difficult or costly for us to raise capital
through the issuance of common
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stock,
preferred stock or other equity securities. These disruptions in the financial markets may have other adverse effects on us or the economy generally, which could cause our stock price to
decline.
Required payments of principal and interest on borrowings may leave us with insufficient cash to operate our properties or to pay the distributions currently contemplated or
necessary to maintain our qualification as a REIT and may expose us to the risk of default under our debt obligations.
As of December 31, 2010, we had approximately $1.2 billion of outstanding indebtedness. We may incur additional debt in
connection with future acquisitions and development. We may borrow under our Credit Lines or borrow new funds to finance these future properties. Additionally, we do not anticipate that our internally
generated cash flow will be adequate to repay our existing indebtedness upon maturity and, therefore, we expect to repay our indebtedness through refinancings and equity and/or debt offerings.
Further, we may need to borrow funds in order to make cash distributions to maintain our qualification as a REIT or to make our expected distributions.
If
we are required to utilize our Credit Lines for purposes other than acquisition activity, this will reduce the amount available for acquisitions and could slow our growth. Therefore,
our level of debt and the limitations imposed on us by our debt agreements could have significant adverse consequences, including the following:
our cash flow may be insufficient to meet our required principal and interest payments;
we may be unable to borrow additional funds as needed or on favorable terms, including to make acquisitions or to continue
to make distributions required to maintain our qualification as a REIT;
we may be unable to refinance our indebtedness at maturity or the refinancing terms may be less favorable than the terms
of our original indebtedness;
because a portion of our debt bears interest at variable rates, an increase in interest rates could materially increase
our interest expense;
we may be forced to dispose of one or more of our properties, possibly on disadvantageous terms;
after debt service, the amount available for cash distributions to our stockholders is reduced;
our debt level could place us at a competitive disadvantage compared to our competitors with less debt;
we may experience increased vulnerability to economic and industry downturns, reducing our ability to respond to changing
business and economic conditions;
we may default on our obligations and the lenders or mortgagees may foreclose on our properties that secure their loans
and receive an assignment of rents and leases;
we may default on our obligations and the lenders or mortgages may enforce our guarantees;
we may violate restrictive covenants in our loan documents, which would entitle the lenders to accelerate our debt
obligations; and
our default under any one of our mortgage loans with cross-default or cross-collateralization provisions could result in a
default on other indebtedness or result in the foreclosures of other properties.
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We could become highly leveraged in the future because our organizational documents contain no limitation on the amount of debt we may incur.
Our organizational documents contain no limitations on the amount of indebtedness that we or our Operating Partnership may incur. We
could alter the balance between our total outstanding indebtedness and the value of our portfolio at any time. If we become more highly leveraged, then the resulting increase in debt service could
adversely affect our ability to make payments on our outstanding indebtedness and to pay our anticipated cash distributions and/or to continue to make cash distributions to maintain our REIT
qualification, and could harm our financial condition.
Increases in interest rates may increase our interest expense and adversely affect our cash flow and our ability to service our indebtedness and make cash distributions to
our stockholders.
As of December 31, 2010, we had approximately $1.2 billion of debt outstanding, of which approximately
$429.9 million or 34.4% was subject to variable interest rates (excluding debt with interest rate swaps). This variable rate debt had a weighted average interest rate
of approximately 3.1% per annum. Increases in interest rates on this variable rate debt would increase our interest expense, which could harm our cash flow and our ability to pay cash distributions.
For example, if market rates of interest on this variable rate debt increased by 100 basis points (excluding variable rate debt with interest rate floors), the increase in interest expense would
decrease future earnings and cash flows by approximately $3.4 million annually.
Failure to hedge effectively against interest rate changes may adversely affect our results of operations.
In certain cases we may seek to manage our exposure to interest rate volatility by using interest rate hedging arrangements. Hedging
involves risks, such as the risk that the counterparty may fail to honor its obligations under an arrangement. Failure to hedge effectively against interest rate changes may adversely affect our
financial condition, results of operations and ability to make cash distributions to our stockholders.
Risks Related to Qualification and Operation as a REIT
To maintain our qualification as a REIT, we may be forced to borrow funds on a short-term basis during unfavorable market conditions.
To qualify as a REIT, we generally must distribute to our stockholders at least 90% of our net taxable income each year, excluding net
capital gains, and we are subject to regular corporate income taxes to the extent that we distribute less than 100% of our net taxable income each year. In addition, we are subject to a 4%
nondeductible excise tax on the amount, if any, by which distributions made by us in any calendar year are less than the sum of 85% of our ordinary income, 95% of our capital gain net income and 100%
of our undistributed income from prior years. While historically we have satisfied these distribution requirements by making cash distributions to our shareholders, a REIT is permitted to satisfy
these requirements by making distributions of cash or other property, including, in limited circumstances, its own stock. For distributions with respect to taxable years ending on or before
December 31, 2011, recent Internal Revenue Service guidance allows us to satisfy up to 90% of the distribution requirements discussed above through the distribution of shares of our stock, if
certain conditions are met. Assuming we continue to satisfy these distributions requirements with cash, we may need to borrow funds on a short-term basis, or possibly
long-term, to meet the REIT distribution requirements even if the then prevailing market conditions are not favorable for these borrowings. These borrowing needs could result from a
difference in timing between the actual receipt of cash and inclusion of income for U.S. federal income tax purposes, or the effect of non-deductible capital expenditures, the creation of
reserves or required debt amortization payments.
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Dividends payable by REITs generally do not qualify for reduced tax rates.
The maximum U.S. federal income tax rate for dividends paid by domestic corporations to individual U.S. stockholders is 15% (through
2012). Dividends paid by REITs, however, are generally not eligible for the reduced rates. The more favorable rates applicable to regular corporate dividends could cause stockholders who are
individuals to perceive investments in REITs to be relatively less attractive than investments in the stocks of non-REIT corporations that pay dividends, which could adversely affect the
value of the stock of REITs, including our securities.
In
addition, the relative attractiveness of real estate in general may be adversely affected by the favorable tax treatment given to corporate dividends, which could negatively affect
the value of our properties.
Possible legislative or other actions affecting REITs could adversely affect our stockholders.
The rules dealing with U.S. federal income taxation are constantly under review by persons involved in the legislative process and by
the IRS and the U.S. Treasury Department. Changes to tax laws (which changes may have retroactive application) could adversely affect our stockholders. It cannot be predicted whether, when, in what
forms, or with what effective dates, the tax laws applicable to us or our stockholders will be changed.
The power of our board of directors to revoke our REIT election without stockholder approval may cause adverse consequences to our stockholders.
Our charter provides that our board of directors may revoke or otherwise terminate our REIT election, without the approval of our
stockholders, if it determines that it is no longer in our best interests to continue to qualify as a REIT. If we cease to qualify as a REIT, we would become subject to U.S. federal income tax on our
taxable income and would no longer be required to distribute most of our net taxable income to our stockholders, which may have adverse consequences on the total return to our stockholders.
Our failure to qualify as a REIT would have significant adverse consequences to us and the value of our stock.
We believe we operate in a manner that allows us to qualify as a REIT for U.S. federal income tax purposes under the Internal Revenue
Code. If we fail to qualify as a REIT or lose our qualification as a REIT at any time, we will face serious tax consequences that would substantially reduce the funds available for distribution for
each of the years involved because:
we would not be allowed a deduction for distributions to stockholders in computing our taxable income and would be subject
to U.S. federal income tax at regular corporate rates;
we also could be subject to the U.S. federal alternative minimum tax and possibly increased state and local taxes; and
unless we are entitled to relief under applicable statutory provisions, we could not elect to be taxed as a REIT for four
taxable years following a year during which we were disqualified.
In
addition, if we fail to qualify as a REIT, we will not be required to make distributions to stockholders, and all distributions to stockholders will be subject to tax as regular
corporate dividends to the extent of our current and accumulated earnings and profits. This means that our U.S. individual stockholders would be taxed on our dividends at capital gains rates, and our
U.S. corporate stockholders would be entitled to the dividends received deduction with respect to such dividends, subject, in each case, to applicable limitations under the Internal Revenue Code. If
we fail to qualify as a REIT for federal income tax purposes and are able to avail ourselves of one or more of the relief
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provisions
under the Internal Revenue Code in order to maintain our REIT status, we may nevertheless be required to pay penalty taxes of $50,000 or more for each such failure. As a result of all these
factors, our failure to qualify as a REIT also could impair our ability to expand our business and raise capital, and could adversely affect the value of our securities.
Qualification
as a REIT involves the application of highly technical and complex Internal Revenue Code provisions for which there are only limited judicial and administrative
interpretations. The complexity of these provisions and of the applicable Treasury regulations that have been promulgated under the Internal Revenue Code is greater in the case of a REIT that, like
us, holds its assets through a partnership. The determination of various factual matters and circumstances not entirely within our control may affect our ability to qualify as a REIT. In order to
qualify as a REIT, we must satisfy a number of requirements, including requirements regarding the composition of our assets, the sources of our gross income and the owners of our stock. Our ability to
satisfy the asset tests depends upon our analysis of the fair market value of our assets, some of which are not susceptible to precise determination, and for which we will not obtain independent
appraisals. Also, we must make distributions to stockholders aggregating annually at least 90% of our net taxable income, excluding capital gains, and we will be subject to income tax at regular
corporate rates to the extent we distribute less than 100% of our net taxable income including capital gains. In addition, legislation, new regulations, administrative interpretations or court
decisions may adversely affect our investors, our ability to qualify as a REIT for U.S. federal income tax purposes or the desirability of an investment in a REIT relative to other investments.
Although we believe that we have been organized and have operated in a manner that is intended to allow us to qualify for taxation as a REIT, we can give no assurance that we have qualified or will
continue to qualify as a REIT for tax purposes. We have not requested and do not plan to request a ruling from the Internal Revenue Service regarding our qualification as a REIT.
We will pay some taxes.
Even though we qualify as a REIT for U.S. federal income tax purposes, we will be required to pay some U.S. federal, state and local
taxes on our income and property. Extra Space Management, Inc. manages self-storage properties for our joint venture properties and properties owned by third parties. We, jointly
with Extra Space Management, Inc., elected to treat Extra Space Management, Inc. as a "taxable REIT subsidiary" of our Company for U.S. federal income tax purposes. A taxable REIT
subsidiary is a fully taxable corporation, and may be limited in its ability to deduct interest payments made to us. In addition, we will be subject to a 100% penalty tax on certain amounts if the
economic arrangements among our tenants, our taxable REIT subsidiary and us are not comparable to similar arrangements among unrelated parties or if we receive payments for inventory or property held
for sale to customers in the ordinary course of business. Also, if we sell property as a dealer (i.e., to customers in the ordinary course of our trade or business), we will be subject to a
100% penalty tax on any gain arising from such sales. While we don't intend to sell properties as a dealer, the IRS could take a contrary position. To the extent that we are or our taxable REIT
subsidiary is required to pay U.S. federal, state or local taxes, we will have less cash available for distribution to stockholders.
Complying with REIT requirements may cause us to forego otherwise attractive opportunities.
To qualify as a REIT for U.S. federal income tax purposes, we must continually satisfy tests concerning, among other things, the
sources of our income, the nature and diversification of our assets, the amounts we distribute to our stockholders and the ownership of our stock. In order to meet these tests, we may be required to
forego attractive business or investment opportunities. Thus, compliance with the REIT requirements may adversely affect our ability to operate solely to maximize profits.
22
Table of Contents
Item 1B. Unresolved Staff Comments
None.
Item 2. Properties
As of December 31, 2010, we owned or had ownership interests in 660 operating self-storage properties. Of these
properties, 295 are wholly-owned and 365 are held in joint ventures. In addition, we managed an additional 160 properties for franchisees or third parties bringing the total number of properties which
we own and/or manage to 820. These properties are located in 34 states and Washington, D.C. We receive a management fee equal to approximately 6% of cash collected from total revenues to manage the
joint venture, third party and franchise sites. As of December 31, 2010, we own and/or manage approximately 59 million square feet of rentable space configured in approximately 550,000
separate storage units. Approximately 70% of our properties are clustered around large population centers, such as Atlanta, Baltimore/Washington, D.C., Boston, Chicago, Dallas, Houston, Las Vegas, Los
Angeles, Miami, New York City, Orlando, Philadelphia, Phoenix, St. Petersburg/Tampa and San Francisco/Oakland. These markets contain above-average population and income demographics for new
self-storage properties. The clustering of assets around these population centers enables us to reduce our operating costs through economies of scale. Our acquisitions have given us an
increased scale in many core markets as well as a foothold in many markets where we had no previous presence.
We
consider a property to be in the lease-up stage after it has been issued a certificate of occupancy, but before it has achieved stabilization. We consider a property to be
stabilized once it has achieved either an 80% occupancy rate for a full year measured as of January 1, or has been open for three years.
As
of December 31, 2010, over 425,000 tenants were leasing storage units at the 820 operating properties that we own and/or manage, primarily on a
month-to-month basis, providing the flexibility to increase rental rates over time as market conditions permit. Although leases are short-term in duration, the
typical tenant tends to remain at our properties for an extended period of time. For properties that were stabilized as of December 31, 2010, the median length of stay was approximately eleven
months. The average annual rent per square foot at these stabilized properties was $13.49 at December 31, 2010 compared to $13.46 at December 31, 2009.
Our
property portfolio is made up of different types of construction and building configurations depending on the site and the municipality where it is located. Most often sites are what
we consider "hybrid" facilities, a mix of both drive-up buildings and multi-floor buildings. We have a number of multi-floor buildings with elevator access only, and a number of facilities
featuring ground-floor access only.
23
Table of Contents
The following table sets forth additional information regarding the occupancy of our stabilized properties on a state-by-state basis as of
December 31, 2010 and 2009. The information as of December 31, 2009 is on a pro forma basis as though all the properties owned at December 31, 2010 were under our control as of
December 31, 2009.
Stabilized Property Data Based on Location
Company
Pro forma
Company
Pro forma
Company
Pro forma
Location
Number of
Properties
Number of Units as of
December 31, 2010(1)
Number of Units as of
December 31, 2009
Net Rentable Square
Feet as of
December 31, 2010(2)
Net Rentable Square
Feet as of
December 31, 2009
Square Foot
Occupancy %
December 31, 2010
Square Foot
Occupancy %
December 31, 2009
Wholly-owned properties
Alabama
3
1,372
1,370
174,019
173,499
76.4
%
80.4
%
Arizona
5
2,795
2,818
356,720
346,998
87.9
%
83.6
%
California
44
34,838
34,969
3,464,223
3,468,924
84.1
%
80.2
%
Colorado
8
3,760
3,790
476,464
476,484
85.1
%
84.4
%
Connecticut
3
1,980
2,023
177,985
178,040
86.6
%
78.9
%
Florida
28
18,246
18,303
1,944,092
1,944,925
84.5
%
81.3
%
Georgia
12
6,425
6,425
837,248
836,922
84.5
%
82.1
%
Hawaii
2
2,815
2,858
145,815
145,816
81.8
%
80.4
%
Illinois
5
3,336
3,320
341,734
341,724
82.2
%
79.9
%
Indiana
6
3,470
3,477
412,709
412,759
84.1
%
82.3
%
Kansas
1
506
507
50,310
50,190
89.0
%
82.2
%
Kentucky
3
1,568
1,578
193,901
194,051
86.4
%
88.9
%
Louisiana
2
1,412
1,412
150,035
150,335
84.4
%
81.8
%
Maryland
11
8,741
8,754
937,309
937,027
86.4
%
85.5
%
Massachusetts
28
16,804
16,772
1,718,219
1,708,997
84.3
%
82.4
%
Michigan
2
1,018
1,026
134,954
135,026
85.6
%
85.7
%
Missouri
6
3,152
3,141
374,962
374,292
84.6
%
82.4
%
Nevada
1
463
463
57,550
56,850
74.6
%
84.7
%
New Hampshire
2
1,007
1,006
125,473
125,473
87.3
%
88.2
%
New Jersey
23
18,732
18,801
1,831,826
1,834,626
86.8
%
84.7
%
New Mexico
1
541
541
71,575
71,555
86.9
%
78.7
%
New York
11
9,239
9,243
713,751
669,579
83.9
%
82.1
%
Ohio
2
1,185
1,184
156,519
156,839
85.6
%
86.0
%
Oregon
1
770
767
103,130
103,150
89.5
%
84.7
%
Pennsylvania
8
4,869
4,883
582,410
581,532
86.6
%
87.1
%
Rhode Island
1
721
722
75,816
75,521
86.9
%
81.3
%
South Carolina
4
2,173
2,175
253,406
253,406
86.0
%
84.0
%
Tennessee
2
985
990
148,150
148,395
83.5
%
82.9
%
Texas
16
10,184
10,223
1,142,451
1,143,979
85.7
%
84.9
%
Utah
6
2,688
2,651
351,263
347,324
84.1
%
84.5
%
Virginia
5
3,529
3,525
334,767
334,807
86.3
%
82.6
%
Washington
4
2,543
2,548
308,015
308,015
71.7
%
90.6
%
Total Wholly-Owned Stabilized
256
171,867
172,265
18,146,801
18,087,060
84.7
%
82.9
%
24
Table of Contents
Company
Pro forma
Company
Pro forma
Company
Pro forma
Location
Number of
Properties
Number of Units as of
December 31, 2010(1)
Number of Units as of
December 31, 2009
Net Rentable Square
Feet as of
December 31, 2010(2)
Net Rentable Square
Feet as of
December 31, 2009
Square Foot
Occupancy %
December 31, 2010
Square Foot
Occupancy %
December 31, 2009
Joint-venture properties
Alabama
3
1,705
1,705
205,588
205,638
86.6
%
82.5
%
Arizona
11
6,822
6,829
766,785
751,889
86.4
%
82.6
%
California
81
57,708
58,437
5,984,222
5,987,901
85.1
%
84.2
%
Colorado
2
1,318
1,325
158,523
158,583
84.8
%
82.7
%
Connecticut
8
5,990
5,983
692,632
691,406
85.3
%
82.8
%
Delaware
1
581
584
71,740
71,680
88.8
%
92.2
%
Florida
26
21,001
21,120
2,163,071
2,168,592
83.9
%
80.9
%
Georgia
3
1,848
1,871
240,701
245,520
77.6
%
80.1
%
Illinois
9
6,455
6,431
693,583
694,185
85.1
%
81.6
%
Indiana
7
2,774
2,769
366,293
366,173
86.1
%
86.4
%
Kansas
3
1,222
1,211
163,750
160,060
79.7
%
79.1
%
Kentucky
4
2,275
2,268
269,545
268,886
87.6
%
83.1
%
Maryland
14
10,986
11,055
1,086,603
1,085,468
87.6
%
84.5
%
Massachusetts
17
9,248
9,252
1,048,351
1,049,070
85.0
%
81.6
%
Michigan
10
5,906
5,917
783,038
784,683
86.1
%
81.8
%
Missouri
2
961
956
118,045
118,045
83.5
%
80.2
%
Nevada
8
5,364
5,391
692,743
694,438
84.4
%
82.7
%
New Hampshire
3
1,305
1,316
136,994
137,434
87.8
%
84.2
%
New Jersey
21
15,633
15,656
1,644,776
1,647,200
84.1
%
83.0
%
New Mexico
9
4,657
4,673
539,430
542,799
83.7
%
82.9
%
New York
21
21,624
21,638
1,733,601
1,733,870
87.1
%
86.2
%
Ohio
13
5,862
5,848
872,890
871,140
81.4
%
80.1
%
Oregon
2
1,292
1,290
136,920
136,290
88.1
%
84.2
%
Pennsylvania
11
8,922
8,914
873,736
873,096
86.6
%
84.8
%
Rhode Island
2
1,078
1,089
127,975
129,865
76.5
%
72.6
%
Tennessee
25
13,820
13,822
1,820,218
1,820,900
84.1
%
82.8
%
Texas
22
13,768
13,852
1,807,914
1,807,615
83.5
%
83.8
%
Utah
1
522
520
59,250
59,000
82.8
%
81.7
%
Virginia
17
12,016
12,000
1,267,628
1,266,743
86.8
%
85.3
%
Washington
1
546
546
62,730
62,730
84.4
%
86.4
%
Washington, DC
1
1,533
1,536
102,003
102,003
91.7
%
91.7
%
Total Stabilized Joint-Ventures
358
244,742
245,804
26,691,278
26,692,902
85.0
%
83.3
%
Managed properties
Arizona
1
580
581
67,350
67,350
37.1
%
32.6
%
California
8
6,062
6,085
767,190
759,214
76.3
%
71.1
%
Colorado
6
2,246
2,237
257,217
264,096
81.8
%
81.0
%
Florida
16
7,672
7,713
924,708
867,182
71.7
%
69.2
%
Georgia
6
3,623
3,647
507,367
509,389
74.3
%
72.0
%
Illinois
5
2,980
2,977
315,719
328,584
70.5
%
73.1
%
Indiana
3
1,706
1,711
183,289
188,119
76.6
%
74.8
%
Kansas
3
1,506
1,518
225,250
226,120
79.7
%
71.3
%
Kentucky
1
525
532
66,100
66,000
84.0
%
76.6
%
Louisiana
1
1,009
1,008
135,970
106,853
63.4
%
67.2
%
Maryland
15
9,266
9,406
1,047,078
1,048,140
78.6
%
74.6
%
Massachusetts
2
2,109
2,114
189,899
190,099
76.8
%
70.6
%
Missouri
3
1,529
1,532
302,698
305,138
75.2
%
72.9
%
Nevada
2
1,574
1,576
170,375
170,775
80.2
%
81.8
%
New Jersey
5
4,131
4,138
389,580
386,517
84.1
%
80.3
%
New Mexico
2
1,106
1,101
132,282
131,857
85.9
%
85.0
%
New York
1
695
704
83,055
83,055
90.2
%
81.5
%
North Carolina
5
3,599
3,599
378,054
379,130
69.6
%
75.0
%
Ohio
4
1,075
1,087
158,160
161,760
66.6
%
59.3
%
Pennsylvania
20
8,347
8,380
1,017,666
1,017,521
72.1
%
63.6
%
South Carolina
2
1,175
1,024
162,337
137,827
67.5
%
79.5
%
Tennessee
2
885
883
131,490
131,140
86.0
%
84.2
%
Texas
7
3,213
3,263
422,870
421,759
78.5
%
79.9
%
Virginia
4
2,745
2,767
274,198
274,583
86.3
%
83.0
%
Washington, DC
2
1,263
1,263
112,459
112,459
86.2
%
87.2
%
Total Stabilized Managed Properties
126
70,621
70,846
8,422,361
8,334,667
75.8
%
73.0
%
Total Stabilized Properties
740
487,230
488,915
53,260,440
53,114,629
83.5
%
81.6
%
(1) Represents unit count as of December 31, 2010, which may differ from December 31, 2009 unit count due to unit
conversions or expansions.
(2) Represents net rentable square feet as of December 31, 2010, which may differ from December 31, 2009 net rentable
square feet due to unit conversions or expansions.
25
Table of Contents
The following table sets forth additional information regarding the occupancy of our lease-up properties on a state-by-state
basis as of December 31, 2010 and 2009. The information as of December 31, 2009 is on a pro forma basis as though all the properties owned at December 31, 2010 were under our
control as of December 31, 2009.
Lease-up Property Data Based on Location
Company
Pro forma
Company
Pro forma
Company
Pro forma
Location
Number of
Properties
Number of Units as of
December 31, 2010(1)
Number of Units as of
December 31, 2009
Net Rentable Square
Feet as of
December 31, 2010(2)
Net Rentable Square
Feet as of
December 31, 2009
Square Foot
Occupancy %
December 31, 2010
Square Foot
Occupancy %
December 31, 2009
Wholly-owned properties
California
13
9,234
8,522
1,002,847
930,294
55.8
%
34.1
%
Florida
6
5,002
3,240
492,325
314,255
32.9
%
17.2
%
Georgia
4
1,995
1,797
252,986
230,909
65.6
%
55.1
%
Illinois
4
2,565
2,689
276,250
276,265
66.0
%
50.2
%
Maryland
3
2,217
1,394
236,922
149,937
56.1
%
55.1
%
Massachusetts
1
605
594
72,225
72,150
63.1
%
52.5
%
New Jersey
3
1,888
1,965
184,135
184,570
63.1
%
35.5
%
New York
1
674
670
42,551
42,313
64.8
%
62.5
%
Oregon
1
730
744
76,120
76,375
44.9
%
7.5
%
Tennessee
1
635
635
67,110
66,935
79.3
%
63.9
%
Texas
2
1,087
1,087
156,050
156,050
60.1
%
68.6
%
Total Wholly-Owned Lease up
39
26,632
23,337
2,859,521
2,500,053
55.0
%
40.2
%
Joint-venture properties
California
4
3,011
3,025
295,224
294,133
64.8
%
45.3
%
Illinois
2
1,306
1,026
131,809
107,836
52.4
%
57.4
%
Maryland
1
857
853
71,474
71,349
90.8
%
73.7
%
Total Lease up Joint-Ventures
7
5,174
4,904
498,507
473,318
65.2
%
52.3
%
Managed properties
California
2
1,740
1,737
236,289
236,174
63.9
%
50.9
%
Colorado
1
519
508
61,420
61,070
90.2
%
78.4
%
Florida
9
6,611
4,919
623,978
454,890
42.9
%
24.9
%
Georgia
6
3,585
3,594
535,276
534,824
52.4
%
42.6
%
Illinois
4
2,640
2,757
231,010
233,234
61.9
%
50.8
%
Massachusetts
2
1,198
1,210
123,048
123,058
47.9
%
30.8
%
New Jersey
1
850
848
78,295
77,895
73.5
%
57.4
%
New York
1
906
914
46,197
46,197
39.6
%
21.9
%
Pennsylvania
2
1,991
1,990
173,019
173,019
58.1
%
39.8
%
Rhode Island
1
985
90,995
29.3
%
0.0
%
South Carolina
1
755
767
76,435
76,875
34.7
%
0.0
%
Tennessee
1
505
505
69,550
69,550
67.2
%
62.1
%
Texas
1
934
936
103,350
103,450
18.8
%
0.0
%
Utah
1
654
653
75,601
75,451
79.3
%
61.2
%
Virginia
1
459
476
63,709
63,709
64.0
%
45.0
%
Total Lease up Managed Properties
34
24,332
21,814
2,588,172
2,329,396
52.3
%
39.0
%
Total Lease up Properties
80
56,138
50,055
5,946,200
5,302,767
54.7
%
40.8
%
(1) Represents unit count as of December 31, 2010, which may differ from December 31, 2009 unit count due to unit
conversions or expansions.
(2) Represents net rentable square feet as of December 31, 2010, which may differ from December 31, 2009 net rentable
square feet due to unit conversions or expansions.
26
Table of Contents
Item 3. Legal Proceedings
We are involved in various litigation and legal proceedings in the ordinary course of business. We are not a party to any material
litigation or legal proceedings, or to the best of our knowledge, any threatened litigation or legal proceedings which, in the opinion of management, will have a material adverse effect on our
financial condition or results of operations either individually or in the aggregate.
Item 4. (Removed and Reserved)
27
Table of Contents
PART II
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market Information
Our common stock has been traded on the New York Stock Exchange ("NYSE") under the symbol "EXR" since our IPO on August 17,
2004. Prior to that time there was no public market for our common stock.
The
following table sets forth, for the periods indicated, the high and low sales price for our common stock as reported by the NYSE and the per share dividends declared:
Range
Dividends
Declared
Year
Quarter
High
Low
2009
1st
10.49
4.93
0.2500
2nd
9.04
5.36
0.0000
3rd
11.58
7.38
0.0000
4th
12.23
9.13
0.1300
2010
1st
13.35
10.78
0.1000
2nd
16.32
12.52
0.1000
3rd
17.10
12.94
0.1000
4th
17.70
15.39
0.1000
On
February 14, 2011, the closing price of our common stock as reported by the NYSE was $19.69. At February 14, 2011, we had 257 holders of record of our common stock.
Certain shares of the Company are held in "street" name and accordingly, the number of beneficial owners of such shares is not known or included in the foregoing number.
Holders
of shares of common stock are entitled to receive distributions when declared by our board of directors out of any assets legally available for that purpose. As a REIT, we are
required to distribute at least 90% of our "REIT taxable income," which is generally equivalent to our net taxable ordinary income, determined without regard to the deduction for dividends paid to our
stockholders annually in order to maintain our REIT qualification for U.S. federal income tax purposes.
Information
about our equity compensation plans is incorporated by reference in Item 12 of Part III of this Annual Report on Form 10-K.
Unregistered Sales of Equity Securities
None.
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Item 6. Selected Financial Data
The following table sets forth the selected financial data and should be read in conjunction with the Financial Statements and notes
thereto included in Item 8, "Financial Statements and Supplementary Data" and Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations" in this
Form 10-K. (Amounts in thousands, except share and per share data.)
For the Year Ended December 31,
2010
2009
2008
2007
2006
Revenues:
Property rental
$
232,447
$
238,256
$
235,695
$
206,315
$
170,993
Fees, tenant reinsurance and other income
49,050
41,890
37,036
31,647
25,201
Total revenues
281,497
280,146
272,731
237,962
196,194
Expenses:
Property operations
86,165
88,935
84,522
73,070
62,243
Tenant reinsurance
6,505
5,461
5,066
4,710
2,328
Unrecovered development and acquisition costs, loss on sublease and severance
3,235
21,236
1,727
765
269
General and administrative
44,428
40,224
39,388
35,818
34,530
Depreciation and amortization
50,349
52,403
49,566
39,801
37,172
Total expenses
190,682
208,259
180,269
154,164
136,542
Income from operations
90,815
71,887
92,462
83,798
59,652
Interest expense
(65,780
)
(69,818
)
(68,671
)
(64,045
)
(50,953
)
Interest income
5,748
6,432
8,249
10,417
2,469
Gain on repurchase of exchangeable senior notes
27,928
6,311
Loss on investments available for sale
(1,415
)
(1,233
)
Fair value adjustment of obligation associated with Preferred Operating Partnership units
1,054
Income before equity in earnings of real estate ventures and income tax expense
30,783
36,429
36,936
29,991
11,168
Equity in earnings of real estate ventures
6,753
6,964
6,932
5,300
4,693
Income tax expense
(4,162
)
(4,300
)
(519
)
Net income
33,374
39,093
43,349
35,291
15,861
Noncontrolling interests in Operating Partnership and other
(7,043
)
(7,116
)
(7,568
)
(3,562
)
(985
)
Fixed distribution paid to Preferred Operating Partnership unit holder
(1,510
)
Net income attributable to common stockholders
$
26,331
$
31,977
$
35,781
$
30,219
$
14,876
Net income per common share
Basic
$
0.30
$
0.37
$
0.46
$
0.47
$
0.27
Diluted
$
0.30
$
0.37
$
0.46
$
0.46
$
0.27
Weighted average number of shares
Basic
87,324,104
86,343,029
76,966,754
64,900,713
55,117,021
Diluted
92,050,453
91,082,834
82,352,988
70,715,640
59,409,836
Cash dividends paid per common share
$
0.40
$
0.38
$
1.00
$
0.93
$
0.91
Balance Sheet Data
Total assets
$
2,248,468
$
2,407,556
$
2,291,008
$
2,054,075
$
1,669,825
Total notes payable, notes payable to trusts, exchangeable senior notes and lines of credit
$
1,246,918
$
1,402,977
$
1,286,820
$
1,299,997
$
948,174
Noncontrolling interests
$
57,670
$
62,040
$
68,023
$
66,217
$
35,158
Total stockholders' equity
$
881,401
$
884,179
$
878,770
$
638,461
$
643,555
Other Data
Net cash provided by operating activities
$
104,815
$
81,165
$
98,391
$
102,096
$
76,885
Net cash used in investing activities
$
(83,706
)
$
(104,410
)
$
(244,481
)
$
(354,344
)
$
(239,778
)
Net cash provided by (used in) financing activities
$
(106,309
)
$
91,223
$
172,685
$
98,824
$
205,041
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Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
The following discussion should be read in conjunction with the financial statements and notes thereto
appearing elsewhere in this report. We make statements in this section that are forward-looking statements within the meaning of the federal securities laws. For a complete discussion of forward-
looking statements, see the section in this Form 10-K entitled "Statements Regarding Forward-Looking Information." Certain risk factors may cause actual results, performance or
achievements to differ materially from those expressed or implied by the following discussion. For a discussion of such risk factors, see the section in this Form 10-K entitled
"Risk Factors." (Amounts in thousands, except share and per share data.)
Overview
We are a fully integrated, self-administered and self-managed real estate investment trust, or REIT, formed to
continue the business commenced in 1977 by our predecessor companies to own, operate, manage, acquire, develop and redevelop professionally managed self-storage properties. Since our IPO,
our fully integrated development and acquisition teams have completed the development or acquisition of 536 self-storage properties.
At
December 31, 2010, we owned, had ownership interests in, or managed 820 operating properties in 34 states and Washington, D.C. Of these 820 operating properties, 295 were
wholly owned, we held joint venture interests in 365 properties, and our taxable REIT subsidiary, Extra Space Management, Inc., operated an additional 160 properties that are owned by
franchisees or third parties in exchange for a management fee. These operating properties contain approximately 59 million square feet of rentable space contained in approximately 550,000 units
and currently serve a customer base of over 425,000 tenants.
Our
properties are generally situated in convenient, highly visible locations clustered around large population centers such as Atlanta, Baltimore/Washington, D.C., Boston, Chicago,
Dallas, Houston, Las Vegas, Los Angeles, Miami, New York City, Orlando, Philadelphia, Phoenix, St. Petersburg/Tampa and San Francisco/Oakland. These areas all enjoy above average population
growth and income levels. The clustering of our assets around these population centers enables us to reduce our operating costs through economies of scale. We consider a property to be in the
lease-up stage after it has been issued a certificate of occupancy, but before it has achieved stabilization. A property is considered to be stabilized once it has achieved an 80%
occupancy rate for a full year measured as of January 1, or has been open for three years.
To
maximize the performance of our properties, we employ a state-of-the-art, web-based tracking and yield management technology called
STORE. Developed by our management team, STORE enables us to analyze, set and adjust rental rates in real time across our portfolio in order to respond to changing market conditions. In addition, we
also have an industry leading revenue management system called "RevMan." We believe that the combination of STORE's yield management capabilities and the systematic processes developed by our team
using RevMan allows us to more proactively manage revenues.
We
derive substantially all of our revenues from rents received from tenants under existing leases at each of our self-storage properties, from management fees on the
properties we manage for joint-venture partners, franchisees and unaffiliated third parties and from our tenant reinsurance program. Our management fee is equal to approximately 6% of cash collected
from total revenues generated by the managed properties.
We
operate in competitive markets, often where consumers have multiple self-storage properties from which to choose. Competition has impacted, and will continue to impact our
property results. We experience seasonal fluctuations in occupancy levels, with occupancy levels generally higher in the summer months due to increased moving activity. Our operating results depend
materially on our
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ability
to lease available self-storage units, to actively manage unit rental rates, and on the ability of our tenants to make required rental payments. We believe that we are able to
respond quickly and effectively to changes in local, regional and national economic conditions by adjusting rental rates through the use of STORE, and through the use of RevMan.
We
continue to evaluate and implement a range of new initiatives and opportunities in order to enable us to maximize stockholder value. Our strategies to maximize stockholder value
include the following:
Maximize the performance of properties through strategic, efficient and proactive
management. We pursue revenue generating and expense minimizing opportunities in our operations. Our revenue management team seeks to maximize revenue by responding to changing
market conditions through our technology system's ability to provide real-time, interactive rental rate and discount management. Our size allows us greater ability than most of our
competitors to implement national, regional and local marketing programs, which we believe will attract more customers to our stores at a lower net cost.
Expand our management
business. Our management business enables us to generate increased revenues through management fees and expand our geographic footprint.
This expanded footprint enables us to reduce our operating costs through economies of scale. In addition, we see our management business as a future acquisition pipeline. We pursue strategic
relationships with owners that strengthen our acquisition pipeline through agreements which typically give us first right of refusal to purchase the managed property in the event of a potential sale.
Acquire self-storage properties from strategic partners and
third parties. Our acquisitions team continues to selectively pursue the acquisition of single properties and multi-property portfolios
that we believe can provide stockholder value. We have established a reputation as a reliable, ethical buyer, which we believe enhances our ability to negotiate and close acquisitions. In addition,
our status as an UPREIT enables flexibility when structuring deals.
During
2010, we acquired 15 wholly-owned properties and completed the development of four wholly-owned properties, all in our core markets. We have six development properties remaining.
All six are wholly-owned and are scheduled for completion by the end of 2011.
CRITICAL ACCOUNTING POLICIES AND ESTIMATES
Our financial statements have been prepared in accordance with U.S. generally accepted accounting principles. The preparation of these
financial statements requires us to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements and the reported amount of revenues
and expenses during the reporting period. On an ongoing basis, we evaluate our estimates and assumptions, including those that impact our most critical accounting policies. We base our estimates and
assumptions on historical experience and on various other factors that we believe are reasonable under the circumstances. Actual results may differ from these estimates. We believe the following are
our most critical accounting policies:
CONSOLIDATION: Arrangements that are not controlled through voting or similar rights are accounted for as variable interest entities
("VIEs"). An
enterprise is required to consolidate a VIE if it is the primary beneficiary of the VIE.
A
VIE is created when (i) the equity investment at risk is not sufficient to permit the entity to finance its activities without additional subordinated financial support from
other parties, or (ii) the entity's equity holders as a group either: (a) lack the power, through voting or similar rights, to direct the activities of the entity that most significantly
impact the entity's economic performance, (b) are not obligated to absorb expected losses of the entity if they occur, or (c) do not have the right to receive expected residual returns
of the entity if they occur. If an entity is deemed to be a VIE, the enterprise
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that
is deemed to have a variable interest, or combination of variable interests, that provides the enterprise with a controlling financial interest in the VIE is considered the primary beneficiary
and must consolidate the VIE.
We
have concluded that under certain circumstances when we (1) enter into option agreements for the purchase of land or facilities from an entity and pay a
non-refundable deposit, or (2) enter into arrangements for the formation of joint ventures, a VIE may be created under
condition (i), (ii) (b) or (c) of the previous paragraph. For each VIE created, we have performed a qualitative analysis, including considering which party, if any, has the
power to direct the activities most significant to the economic performance of each VIE and whether that party has the obligation to absorb losses of the VIE or the right to receive benefits from the
VIE that could be significant to the VIE. If we are determined to be the primary beneficiary of the VIE, the assets, liabilities and operations of the VIE are consolidated with our financial
statements. Additionally, our Operating Partnership has notes payable to three trusts that are VIEs under condition (ii)(a) above. Since the Operating Partnership is not the primary beneficiary
of the trusts, these VIEs are not consolidated.
REAL ESTATE ASSETS: Real estate assets are stated at cost, less accumulated depreciation. Direct and allowable internal costs
associated with the
development, construction, renovation, and improvement of real estate assets are capitalized. Interest, property taxes, and other costs associated with development incurred during the construction
period are capitalized.
Expenditures
for maintenance and repairs are charged to expense as incurred. Major replacements and betterments that improve or extend the life of the asset are capitalized and
depreciated over their estimated useful lives. Depreciation is computed using the straight-line method over the estimated useful lives of the buildings and improvements, which are
generally between five and 39 years.
In
connection with our acquisition of properties, the purchase price is allocated to the tangible and intangible assets and liabilities acquired based on their fair values, which are
estimated using significant unobservable inputs. The value of the tangible assets, consisting of land and buildings, are determined as if vacant. Intangible assets, which represent the value of
existing tenant relationships, are recorded at their fair values based on the avoided cost to replace the current leases. We measure the value of tenant relationships based on the rent lost due to the
amount of time required to replace existing customers which is based on our historical experience with turnover in our facilities. Debt assumed as part of an acquisition is recorded at fair value
based on current interest rates compared to contractual rates. Acquisition-related transaction costs are expensed as incurred.
Intangible
lease rights include: (1) purchase price amounts allocated to leases on two properties that cannot be classified as ground or building leases; these rights are
amortized to expense over the term of the leases and (2) intangibles related to ground leases on four properties where the ground leases were assumed by the Company at rates that were different
than the current market rates for similar leases. The value associated with these assumed leases were recorded as intangibles, which will be amortized over the lease terms.
EVALUATION OF ASSET IMPAIRMENT: We evaluate long lived assets held for use when events or circumstances indicate that there may be
impairment. We
review each property at least annually to determine if any such events or circumstances have occurred or exist. We focus on properties where occupancy and/or rental income have decreased by a
significant amount. For these properties, we
determine whether the decrease is temporary or permanent and whether the property will likely recover the lost occupancy and/or revenue in the short term. In addition, we carefully review properties
in the lease-up stage and compare actual operating results to original projections.
When
we determine that an event that may indicate impairment has occurred, we compare the carrying value of the related long-lived assets to the undiscounted future net
operating cash flows attributable to the assets. An impairment loss is recorded if the net carrying value of the assets exceeds
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the
undiscounted future net operating cash flows attributable to the assets. The impairment loss recognized equals the excess of net carrying value over the related fair value of the assets.
When
real estate assets are identified as held for sale, we discontinue depreciating the assets and estimate the fair value of the assets, net of selling costs. If the estimated fair
values, net of selling costs, of the assets that have been identified for sale are less than the net carrying value of the assets, then a valuation allowance is established. The operations of assets
held for sale or sold during the period are generally presented as discontinued operations for all periods presented.
FAIR VALUE OF FINANCIAL INSTRUMENTS: The carrying values of cash and cash equivalents, restricted cash, receivables, other financial
instruments
included in other assets, accounts payable and accrued expenses, variable rate notes payable and notes payable to trusts, lines of credit and other liabilities reflected in the consolidated balance
sheets at December 31, 2010 and 2009 approximate fair value. The fair values of our notes receivable, our fixed rate notes payable and notes payable to trusts and exchangeable senior notes are
as follows:
December 31, 2010
December 31, 2009
Fair
Value
Carrying
Value
Fair
Value
Carrying
Value
Note receivable from Preferred Operating Partnership unit holder
$
115,696
$
100,000
$
112,740
$
100,000
Fixed rate notes payable and notes payable to trusts
$
777,575
$
731,588
$
1,067,653
$
1,015,063
Exchangeable senior notes
$
118,975
$
87,663
$
110,122
$
87,663
INVESTMENTS IN REAL ESTATE VENTURES: Our investments in real estate joint ventures where we have significant influence but not control,
and joint
ventures which are VIEs in which we are not the primary beneficiary, are recorded under the equity method of accounting on the accompanying consolidated financial statements.
Under
the equity method, our investment in real estate ventures is stated at cost and adjusted for our share of net earnings or losses and reduced by distributions. Equity in earnings of
real estate ventures is generally recognized based on our ownership interest in the earnings of each of the unconsolidated
real estate ventures. For the purposes of presentation in the statement of cash flows, we follow the "look through" approach for classification of distributions from joint ventures. Under this
approach, distributions are reported under operating cash flow unless the facts and circumstances of a specific distribution clearly indicate that it is a return of capital (e.g., a liquidating
dividend or distribution of the proceeds from the joint venture's sale of assets) in which case it is reported as an investing activity.
Our
management assesses whether there are any indicators that the value of our investments in unconsolidated real estate ventures may be impaired annually and when events or
circumstances indicate that there may be impairment. An investment is impaired if management's estimate of the fair value of the investment, using significant unobservable inputs, is less than its
carrying value. To the extent impairment has occurred and is considered to be other than temporary, the loss is measured as the excess of the carrying amount of the investment over the fair value of
the investment.
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES: The accounting for changes in the fair value of derivatives depends on the intended use
of the
derivative and the resulting designation. Derivatives used to hedge the exposure to changes in the fair value of an asset, liability or firm commitment attributable to a particular risk, are
considered fair value hedges. Derivatives used to hedge the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges.
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For
derivatives designated as fair value hedges, changes in the fair value of the derivative and the hedged item related to the hedged risk are recognized in earnings. For derivatives
designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income, outside of earnings and subsequently
reclassified to earnings when the hedged transaction affects earnings.
CONVERSION OF OPERATING PARTNERSHIP UNITS: Conversions of Operating Partnership units to common stock, when converted under the
original provisions
of the Operating Partnership agreement, are accounted for by reclassifying the underlying net book value of the units from noncontrolling interest to our equity. The difference between the fair value
of the consideration paid and the adjustment to the carrying amount of the noncontrolling interest is recognized as additional paid in capital of the Company.
REVENUE AND EXPENSE RECOGNITION: Rental revenues are recognized as earned based upon amounts that are currently due from tenants.
Leases are
generally on month-to-month terms. Prepaid rents are recognized on a straight-line basis over the term of the leases. Promotional discounts are recognized as a
reduction to rental income over the promotional period. Late charges, administrative fees, merchandise sales and truck rentals are recognized in income when earned. Management and franchise fee
revenues are recognized monthly as services are performed and in accordance with the terms of the related management agreements. Tenant reinsurance premiums are recognized as revenues over the period
of insurance coverage. Equity in earnings of real estate entities is recognized based on our ownership interest in the earnings of each of the unconsolidated real estate entities. Interest income is
recognized as earned.
Property
expenses, including utilities, property taxes, repairs and maintenance and other costs to manage the facilities are recognized as incurred. We accrue for property tax expense
based upon invoice amounts, estimates and historical trends. If these estimates are incorrect, the timing of expense recognition could be affected.
REAL ESTATE SALES: In general, sales of real estate and related profits/losses are recognized when all consideration has changed hands
and risks and
rewards of ownership have been transferred. Certain types of continuing involvement preclude sale treatment and related profit recognition; other forms of continuing involvement allow for sale
recognition but require deferral of profit recognition.
INCOME TAXES: We have elected to be treated as a REIT under Sections 856 through 860 of the Internal Revenue Code. In order to
maintain our
qualification as a REIT, among other things, we are required to distribute at least 90% of our REIT taxable income to our stockholders and meet certain tests regarding the nature of our income and
assets. As a REIT, we are not subject to federal income tax with respect to that portion of our income which meets certain criteria and is distributed annually to our stockholders. We plan to continue
to operate so that we meet the requirements for taxation as a REIT. Many of these requirements, however, are highly technical and complex. If we were to fail to meet these requirements, we would be
subject to federal income tax. We are subject to certain state and local taxes. Provision for such taxes has been included in property operating and general and administrative expenses in our
consolidated statements of operations.
We
have elected to treat one of our corporate subsidiaries, Extra Space Management, Inc., as a taxable REIT subsidiary ("TRS"). In general, our TRS may perform additional services
for tenants and generally may engage in any real estate or non-real estate related business (except for the operation or management of health care facilities or lodging facilities or the
provision to any person, under a franchise, license or otherwise, of rights to any brand name under which any lodging facility or health care facility is operated). A TRS is subject to corporate
federal income tax. Deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and
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Table of Contents
liabilities.
Interest and penalties relating to uncertain tax positions will be recognized in income tax expense when incurred.
STOCK-BASED COMPENSATION: The measurement and recognition of compensation expense for all share-based payment awards to employees and
directors are
based on estimated fair values. Awards are valued at fair value and recognized on a straight line basis over the service periods of each award.
RECENT ACCOUNTING PRONOUNCEMENTS
In January 2010, the Financial Accounting Standards Board ("FASB") issued new fair value measurements and disclosures standards to
increase the transparency of these measures. The standards revise two disclosure requirements concerning fair value measurements and clarify two others. They require separate presentation of
significant transfers into and out of Levels 1 and 2 of the fair value hierarchy and disclosure of the reasons for such transfers. They will also require the presentation of purchases, sales,
issuances, and settlements within Level 3 on a gross basis rather than a net basis. The amendments also clarify that disclosures should be disaggregated by class of asset or liability and that
disclosures about inputs and valuation techniques should be provided for both recurring and non-recurring fair value measurements. These new disclosure requirements were effective for the
period ended March 31, 2010, except for the requirement concerning gross presentation of Level 3 activity, which is effective for fiscal years beginning after December 15, 2010.
The adoption of the new standards did not have a material impact on our consolidated financial position, results of operations or cash flows.
In
June 2009, the FASB issued changes to Accounting Standards Codification ("ASC") 810, "Consolidation," which amended guidance for
determining whether an entity is a VIE, and requires the performance of a qualitative rather than a quantitative analysis to determine the primary beneficiary of a VIE. Under this guidance, an entity
would be required to consolidate a VIE if it has (i) the power to direct the activities that most significantly impact the entity's economic performance and (ii) the obligation to absorb
losses of the VIE or the right to receive benefits from the VIE that could be
significant to the VIE. This guidance became effective for the first annual reporting period that begins after November 15, 2009, with early adoption prohibited. We adopted this guidance
effective January 1, 2010 and reviewed the terms of all joint ventures in relation to the new guidance. As a result of this analysis, we determined that five joint ventures that were
consolidated under the previous accounting guidance should be deconsolidated as of January 1, 2010. The assets and liabilities associated with these joint ventures were removed from our
financial statements and our investments in these joint ventures were recorded under the equity method of accounting during the year ended December 31, 2010.
RESULTS OF OPERATIONS
Comparison of the Year Ended December 31, 2010 to the Year Ended December 31, 2009
Overview
Results for the year ended December 31, 2010 included the operations of 660 properties (296 of which were consolidated and 364
of which were in joint ventures accounted for using the equity method) compared to the results for the year ended December 31, 2009, which included operations of 642 properties (298 of which
were consolidated and 344 of which were in joint ventures accounted for using the equity method).
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Revenues
The following table sets forth information on revenues earned for the years indicated:
For the Year Ended
December 31,
2010
2009
$ Change
% Change
Revenues:
Property rental
$
232,447
$
238,256
$
(5,809
)
(2.4
)%
Management and franchise fees
23,122
20,961
2,161
10.3
%
Tenant reinsurance
25,928
20,929
4,999
23.9
%
Total revenues
$
281,497
$
280,146
$
1,351
0.5
%
Property Rental the decrease in property rental revenues relates primarily to a decrease of $15,669 associated with the sale of 19 properties to an
unconsolidated joint venture with Harrison
Street Real Estate Capital, LLC ("Harrison Street") on January 21, 2010. There was an additional decrease in revenue of $1,682 relating to the deconsolidation of five properties as a
result of our adoption of amended accounting guidance in ASC 810 effective January 1, 2010. These decreases were offset by increases in revenues of $5,852 relating to increases in occupancy at
our lease-up properties, $3,319 relating to increases in occupancy and rental rates to new and existing customers at our stabilized properties, and $2,371 associated with acquisitions
completed in 2010 and 2009.
Management and Franchise Fees Our taxable REIT subsidiary, Extra Space Management, Inc., manages properties owned by our joint ventures,
franchisees and third parties. Management fees generally represent 6% of cash collected from properties owned by third parties, franchisees and unconsolidated joint ventures. The increase in
management and franchise fees is related to additional fees earned from the joint venture with Harrison Street and to the increase in third-party properties managed by us compared to the prior year.
We managed 160 third-party properties as of December 31, 2010, compared with 124 as of December 31, 2009.
Tenant Reinsurance The increase in tenant reinsurance revenues is due to the fact that during the year ended December 31, 2010, we successfully
increased overall customer participation to approximately 60% at December 31, 2010 compared to approximately 54% at December 31, 2009. In addition we operated 820 properties at
December 31, 2010, compared to 766 at December 31, 2009.
Expenses
The following table sets forth information on expenses for the years indicated:
For the Year Ended
December 31,
2010
2009
$ Change
% Change
Expenses:
Property operations
$
86,165
$
88,935
$
(2,770
)
(3.1
)%
Tenant reinsurance
6,505
5,461
1,044
19.1
%
Unrecovered development and acquisition costs
1,235
19,011
(17,776
)
(93.5
)%
Loss on sublease
2,000
2,000
100.0
%
Severance costs
2,225
(2,225
)
(100.0
)%
General and administrative
44,428
40,224
4,204
10.5
%
Depreciation and amortization
50,349
52,403
(2,054
)
(3.9
)%
Total expenses
$
190,682
$
208,259
$
(17,577
)
(8.4
)%
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Property Operations The decrease in property operations expense was primarily due to decreases of $5,695 related to the sale of 19 properties to an
unconsolidated joint venture with Harrison Street on January 21, 2010 and $692 related to the deconsolidation of five properties as a result of our adoption of amended accounting guidance in
ASC 810 effective January 1, 2010. These decreases were partially offset by increases of $2,762 related to our stabilized and lease up properties and $855 associated with acquisitions completed
in 2010 and 2009.
Tenant Reinsurance Tenant reinsurance expense represents the costs that are incurred to provide tenant reinsurance. The increase in tenant reinsurance
expense is related to the increase in overall customer participation in the tenant reinsurance program to approximately 60% at December 31,
2010 compared to approximately 54% at December 31, 2009. In addition we operated 820 properties at December 31, 2010, compared to 766 at December 31, 2009.
Unrecovered Development and Acquisition Costs These costs relate to unsuccessful development and acquisition activities during the periods indicated.
On June 2, 2009, the Company announced that it had begun a wind-down of its development program. As a result of this decision, the Company recorded $18,883 of one-time
impairment charges in order to write down the carrying value of undeveloped land, development projects that will be completed and investments in development projects to their estimated fair values
less cost to sell.
Loss on Sublease This expense is a result of a $2,000 charge relating to the bankruptcy of a tenant subleasing office space from us in Memphis, TN.
The Memphis, TN office lease is a liability assumed as part of the Storage, USA acquisition in July 2005.
Severance Costs On June 2, 2009, the Company announced that it had begun a wind-down of its development program. As a result of
this decision, the Company recorded severance costs of $1,400. In December 2009, the Company began the closure of its marketing office in Memphis, TN. As a result of this closure, the Company recorded
severance costs of $825. There were no severance costs incurred during the year ended December 31, 2010.
General and Administrative General and administrative expenses increased primarily as a result of the additional costs related to the management of
additional third-party properties. We operated 820 properties at December 31, 2010, compared to 766 at December 31, 2009.
Depreciation and Amortization Depreciation and amortization expense decreased primarily as a result of the sale of 19 properties to an unconsolidated
joint venture with Harrison Street on January 21, 2010. This decrease was partially offset by the additional depreciation on new properties added through acquisition and development during 2010
and 2009.
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Table of Contents
Other Revenue and Expenses
The following table sets forth information on other revenue and expenses for the years indicated:
For the Year Ended
December 31,
2010
2009
$ Change
% Change
Other revenue and expenses:
Interest expense
$
(64,116
)
$
(67,579
)
$
3,463
(5.1
)%
Non-cash interest expense related to amortization of discount on exchangeable senior notes
(1,664
)
(2,239
)
575
(25.7
)%
Interest income
898
1,582
(684
)
(43.2
)%
Interest income on note receivable from Preferred Operating Partnership unit holder
4,850
4,850
Gain on repurchase of exchangeable senior notes
27,928
(27,928
)
(100.0
)%
Equity in earnings of real estate ventures
6,753
6,964
(211
)
(3.0
)%
Income tax expense
(4,162
)
(4,300
)
138
(3.2
)%
Total other revenue (expense)
$
(57,441
)
$
(32,794
)
$
(24,647
)
75.2
%
Interest Expense The decrease in interest expense was primarily the result of a decrease of $5,120 relating to the deconsolidation of the debt related
to the 19 properties sold to an unconsolidated joint venture with Harrison Street on January 21, 2010 and a decrease of $694 related to the deconsolidation of five properties as a result of our
adoption of amended accounting guidance in ASC 810 effective January 1, 2010. These decreases were partially offset as a result of higher interest rates on new loans obtained in 2010 and 2009.
Non-cash Interest Expense Related to Amortization of Discount on Exchangeable Senior Notes The decrease in non-cash interest
expense related to amortization of discount on exchangeable senior notes for the year ended December 31, 2010 when compared to the prior year was due to the repurchase of a total principal
amount of $122,000 of our notes during 2009. The discount associated with the repurchase of the notes was written off as a result of these repurchases, which decreased the ongoing amortization of the
discount in 2010 when compared to 2009.
Interest Income The decrease in interest income is primarily due to a decrease in the average interest rate on our invested cash when compared to the
same period in the prior year, along with a decrease in the average cash balance.
Interest Income on Note Receivable from Preferred Operating Partnership Unit Holder Represents interest on a $100,000 loan to the holder of the
Series A Participating Redeemable Preferred units of our Operating Partnership (the "Preferred OP units").
Gain on Repurchase of Exchangeable Senior Notes This amount represents the gain on the repurchase of $122,000 total principal amount of our
exchangeable senior notes during 2009. We did not repurchase any of our exchangeable senior notes during the year ended December 31, 2010.
Equity in Earnings of Real Estate Ventures The decrease is related primarily to additional losses allocated to equity in earnings of real estate
ventures due to the deconsolidation of five lease-up properties as a result of the adoption of new accounting guidance in ASC 810 effective January 1, 2010.
Income Tax Expense The decrease in income tax expense relates primarily to a $832 solar tax credit that was partially offset by increased taxes
resulting from increased tenant reinsurance income earned by our taxable REIT subsidiary.
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Table of Contents
Net Income Allocated to Noncontrolling Interests
The following table sets forth information on net income allocated to noncontrolling interests for the years indicated:
For the Year Ended
December 31,
2010
2009
$ Change
% Change
Net income allocated to noncontrolling interests:
Net income allocated to Preferred Operating Partnership noncontrolling interests
$
(6,048
)
$
(6,186
)
$
138
(2.2
)%
Net income allocated to Operating Partnership and other noncontrolling interests
(995
)
(930
)
(65
)
7.0
%
Total income allocated to noncontrolling interests:
$
(7,043
)
$
(7,116
)
$
73
(1.0
)%
Net Income Allocated to Preferred Operating Partnership Noncontrolling Interests Income allocated to the Preferred Operating Partnership equals the
fixed distribution paid to the Preferred OP unit holder plus approximately 1.1% of the remaining net income allocated after the adjustment for the fixed distribution paid for the years ended
December 31, 2010 and 2009. The amount allocated to Preferred Operating Partnership noncontrolling interest was lower in 2010 than in 2009 as our net income was lower in 2010 than it was in
2009.
Net Income Allocated to Operating Partnership and Other Noncontrolling Interests Income allocated to the Operating Partnership represents
approximately 3.8% and 4.4% of net income after the allocation of the fixed distribution paid to the Preferred OP unit holder for the years ended December 31, 2010 and 2009, respectively. The
loss allocated to the other noncontrolling interests was lower than the prior year due mainly to the deconsolidation of five lease-up properties with other noncontrolling interests
effective January 1, 2010 as a result of the adoption of new accounting guidance in ASC 810.
Comparison of the Year Ended December 31, 2009 to the Year Ended December 31, 2008
Overview
Results for the year ended December 31, 2009 included the operations of 642 properties (298 of which were consolidated and 344
of which were in joint ventures accounted for using the equity method) compared to the results for the year ended December 31, 2008, which included operations of 627 properties (283 of which
were consolidated and 344 of which were in joint ventures accounted for using the equity method). Results for both periods also included equity in earnings of real estate ventures, third-party
management and franchise fees and tenant reinsurance.
39
Table of Contents
Revenues
The following table sets forth information on revenues earned for the years indicated:
For the Year Ended
December 31,
2009
2008
$ Change
% Change
Revenues:
Property rental
$
238,256
$
235,695
$
2,561
1.1
%
Management and franchise fees
20,961
20,945
16
0.1
%
Tenant reinsurance
20,929
16,091
4,838
30.1
%
Total revenues
$
280,146
$
272,731
$
7,415
2.7
%
Property Rental The increase in property rental revenues consists of $8,554 associated with acquisitions and consolidations completed in 2009 and 2008
and $2,462 associated with increases in occupancy and rental rates at lease-up properties. These increases were offset by a decrease of $8,455 in revenues at stabilized properties mainly
due to a decreased incoming rental rates and a decrease in average occupancy compared with the prior year.
Management and Franchise Fees Our taxable REIT subsidiary, Extra Space Management, Inc., manages properties owned by our joint ventures,
franchisees and third parties. Management fees generally represent 6% of cash collected from properties owned by third parties, franchisees and unconsolidated joint ventures. Revenues from management
and franchise fees have remained fairly stable compared to the previous year. Decreased revenues at our joint venture, franchise, and third-party managed sites related to rental rate and average
occupancy decreases have been offset by additional management fees earned as a result of additional third party properties managed in 2009 compared to the prior year.
Tenant Reinsurance The increase in tenant reinsurance revenues is due to the fact that during the year ended December 31, 2009, we successfully
increased overall customer participation to approximately 54% at December 31, 2009 compared to approximately 47% at December 31, 2008.
Expenses
The following table sets forth information on expenses for the years indicated:
For the Year Ended
December 31,
2009
2008
$ Change
% Change
Expenses:
Property operations
$
88,935
$
84,522
$
4,413
5.2
%
Tenant reinsurance
5,461
5,066
395
7.8
%
Unrecovered development and acquisition costs
19,011
1,727
17,284
1,000.8
%
Severance costs
2,225
2,225
100.0
%
General and administrative
40,224
39,388
836
2.1
%
Depreciation and amortization
52,403
49,566
2,837
5.7
%
Total expenses
$
208,259
$
180,269
$
27,990
15.5
%
Property Operations The increase in property operations expense in 2009 was primarily due to increases of $2,313 associated with acquisitions
completed in 2009 and 2008. Expenses also increased by $2,721 at existing properties related to increases in expenses at lease-up properties. These increases were partially offset by a
decrease in expenses at stabilized properties of $344.
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Table of Contents
Tenant Reinsurance Tenant reinsurance expense represents the costs that are incurred to provide tenant reinsurance. The increase in tenant reinsurance
expense is related to the increase in overall customer participation in the tenant reinsurance program to approximately 54% at December 31, 2009 compared to approximately 47% at
December 31, 2008.
Unrecovered Development and Acquisition Costs These costs relate to unsuccessful development and acquisition activities during the periods indicated.
On June 2, 2009, the Company announced that it had begun a wind-down of its development program. As a result of this decision, the Company recorded $18,883 of one-time
impairment charges in order to write down the carrying value of undeveloped land, development projects that will be completed and
investments in development projects to their estimated fair values less cost to sell. The unrecovered development and acquisition costs incurred during the year ended December 31, 2008 include
$1,257 relating to due diligence costs that were part of an unsuccessful attempt by the Company to purchase a large portfolio of properties during the second quarter of 2008. The remainder of these
costs relate to entitlement and other due diligence work done on development projects that the Company elected not to pursue.
Severance Costs On June 2, 2009, the Company announced that it had begun a wind-down of its development program. As a result of
this decision, the Company recorded severance costs of $1,400. In December 2009, the Company began the closure of its marketing office in Memphis, TN. As a result of this closure, the Company recorded
severance costs of $825.
General and Administrative General and administrative expenses increased nominally when compared to the prior year while the number of properties
under management increased by approximately 10%. The Company operated 766 properties as of December 31, 2009, compared to 694 at December 31, 2008.
Depreciation and Amortization The increase in depreciation and amortization expense is a result of additional properties that have been added through
acquisition and development throughout 2009 and 2008.
Other Revenue and Expenses
The following table sets forth information on other revenue and expenses for the years indicated:
For the Year Ended
December 31,
2009
2008
$ Change
% Change
Other revenue and expenses:
Interest expense
$
(67,579
)
$
(64,611
)
$
(2,968
)
4.6
%
Non-cash interest expense related to amortization of discount on exchangeable senior notes
(2,239
)
(4,060
)
1,821
(44.9
)%
Interest income
1,582
3,399
(1,817
)
(53.5
)%
Interest income on note receivable from Preferred Operating Partnership unit holder
4,850
4,850
Gain on repurchase of exchangeable senior notes
27,928
6,311
21,617
342.5
%
Loss on sale of investments available for sale
(1,415
)
1,415
(100.0
)%
Equity in earnings of real estate ventures
6,964
6,932
32
0.5
%
Income tax expense
(4,300
)
(519
)
(3,781
)
728.5
%
Total other revenue (expense)
$
(32,794
)
$
(49,113
)
$
16,319
(33.2
)%
Interest Expense The increase in interest expense for the year ended December 31, 2009 was due primarily to the increases in our total notes
payable and line of credit balances when compared to the
41
Table of Contents
prior
year. These increases were partially offset by a decrease in the interest paid related to our Exchangeable Notes due to the repurchase of a total principal amount of $162,337 during 2008 and
2009.
Non-cash Interest Expense Related to Amortization of Discount on Exchangeable Senior Notes The decrease in non-cash interest
expense related to amortization of discount on exchangeable senior notes for the year ended December 31, 2009 when compared to the prior year was due to the repurchase of a total principal
amount of $162,337 of our notes during 2009 and 2008. The discount associated with the repurchase of the notes was written off as a result of these repurchases which decreased the ongoing amortization
of the discount in 2009 when compared to 2008.
Interest Income Interest income earned in 2008 was primarily due to interest on the net proceeds from the sales of common stock in May and October
2008. There were no such sales of common stock during the year ended December 31, 2009.
Interest Income on Note Receivable from Preferred Operating Partnership Unit Holder Represents interest on a $100,000 loan to the holder of the
Preferred OP units.
Gain on Repurchase of Exchangeable Senior Notes This amount represents the gain on the repurchase of $122,000 total principal amount of our
exchangeable senior notes during 2009. For the year ended December 31, 2008, we repurchased $40,337 principal amount of exchangeable senior notes resulting in a smaller gain compared to the
year ended December 31, 2009.
Loss on Sale of Investments Available for Sale This amount represents the loss recorded on February 29, 2008 related to the liquidation of
auction rate securities held in investments available for sale. We had no investments available for sale during the year ended December 31, 2009.
Equity in Earnings of Real Estate Ventures The change in equity in earnings of real estate ventures for the year ended December 31, 2009
relates to an increase of $753 from our purchase of an additional 40% interest in the VRS Self Storage LLC joint venture on July 1, 2008. This increase was offset by decreases in income
at the properties owned by the real estate joint ventures.
Income Tax Expense The increase in income tax expense relates primarily to our net
operating loss carryforward being used completely during 2008 and to the increased profitability of our TRS in 2009.
Net Income Allocated to Noncontrolling Interests
The following table sets forth information on net income allocated to noncontrolling interests for the years indicated:
For the Year Ended
December 31,
2009
2008
$ Change
% Change
Net income allocated to noncontrolling interests:
Net income allocated to Preferred Operating Partnership noncontrolling interests
$
(6,186
)
$
(6,269
)
$
83
(1.3
)%
Net income allocated to Operating Partnership and other non-controlling interests
(930
)
(1,299
)
369
(28.4
)%
Total income allocated to noncontrolling interests:
$
(7,116
)
$
(7,568
)
$
452
(6.0
)%
Net Income Allocated to Preferred Operating Partnership Noncontrolling Interests Income allocated to the Preferred Operating Partnership equals the
fixed distribution paid to the Preferred OP
42
Table of Contents
unit
holder plus approximately 1.1% of the remaining net income allocated after the adjustment for the fixed distribution paid for the years ended December 31, 2009 and 2008. The amount
allocated to noncontrolling interest was lower in 2009 than in 2008 as our net income was lower in 2009 than it was in 2008.
Net Income Allocated to Operating Partnership and Other Noncontrolling Interests Income allocated to the Operating Partnership represents
approximately 4.4% and 4.7% of net income after the allocation of the fixed distribution paid to the Preferred OP unit holder for the years ended December 31, 2009 and 2008, respectively. The
decrease in the amount allocated to the noncontrolling interests in the Operating Partnership was due to two factors: (1) a decrease in net income in 2009; and (2) a decrease in the
percentage of income allocated to the noncontrolling interests in the Operating Partnership as a result of the redemption of 637,600 OP units for cash and common stock during the year ended
December 31, 2009. Income allocated to other noncontrolling interests represents the losses allocated to partners in consolidated joint ventures on eight properties that were in
lease-up during 2009. The loss allocated to the other noncontrolling interests was higher than the prior year as there were only four consolidated joint venture properties in
lease-up for the year ended December 31, 2008.
FUNDS FROM OPERATIONS
FFO provides relevant and meaningful information about our operating performance that is necessary, along with net income and cash
flows, for an understanding of our operating results. We believe FFO is a meaningful disclosure as a supplement to net earnings. Net earnings assume that the values of real estate assets diminish
predictably over time as reflected through depreciation and amortization expenses. The values of real estate assets fluctuate due to market conditions and we believe FFO more accurately reflects the
value of our real estate assets. FFO is defined by the National Association of Real Estate Investment Trusts, Inc. ("NAREIT") as net income computed in accordance with U.S. generally accepted
accounting principles ("GAAP"), excluding gains or losses on sales of operating properties, plus depreciation and amortization and after adjustments to record unconsolidated partnerships and joint
ventures on the same basis. We believe that to further understand our performance, FFO should be considered along with the reported net income and cash flows in accordance with GAAP, as presented in
the consolidated financial statements.
The
computation of FFO may not be comparable to FFO reported by other REITs or real estate companies that do not define the term in accordance with the current NAREIT definition or that
interpret the current NAREIT definition differently. FFO does not represent cash generated from operating activities determined in accordance with GAAP, and should not be considered as an alternative
to net income as an indication of our performance, as an alternative to net cash flow from
43
Table of Contents
operating
activities as a measure of our liquidity, or as an indicator of our ability to make cash distributions. The following table sets forth the calculation of FFO for the periods indicated:
For the Year Ended
December 31,
2010
2009
2008
Net income attributable to common stockholders
$
26,331
$
31,977
$
35,781
Adjustments:
Real estate depreciation
47,063
48,417
42,834
Amortization of intangibles
650
1,647
4,494
Joint venture real estate depreciation and amortization
8,269
5,805
5,072
Joint venture loss on sale of properties
65
175
Distributions paid on Preferred Operating Partnership units
(5,750
)
(5,750
)
(5,750
)
Income allocated to Operating Partnership noncontrolling interests
7,096
8,012
8,444
Funds from operations
$
83,724
$
90,283
$
90,875
SAME-STORE STABILIZED PROPERTY RESULTS
We consider our same-store stabilized portfolio to consist of only those properties which were wholly owned at the
beginning and at the end of the applicable periods presented and that have achieved stabilization as of the first day of such period. The following table sets forth operating data for our
same-store portfolio. We consider the following same-store presentation to be meaningful in regards to the properties shown below. These results provide information relating to
property level operating changes without the effects of acquisitions and completed developments.
For the Three Months
Ended December 31,
For the Year Ended
December 31,
Percent
Change
Percent
Change
2010
2009
2010
2009
Same-store rental and tenant reinsurance revenues
$
56,720
$
54,897
3.3
%
$
224,826
$
220,101
2.1
%
Same-store operating and tenant reinsurance expenses
19,114
19,181
(0.3
)%
77,075
77,924
(1.1
)%
Same-store net operating income
$
37,606
$
35,716
5.3
%
$
147,751
$
142,177
3.9
%
Non same-store rental and tenant reinsurance revenues
$
10,368
$
10,548
(1.7
)%
$
33,549
$
39,084
(14.2
)%
Non same-store operating and tenant reinsurance expenses
$
4,909
$
3,763
30.5
%
$
15,595
$
16,472
(5.3
)%
Total rental and tenant reinsurance revenues
$
67,088
$
65,445
2.5
%
$
258,375
$
259,185
(0.3
)%
Total operating and tenant reinsurance expenses
$
24,023
$
22,944
4.7
%
$
92,670
$
94,396
(1.8
)%
Same-store square foot occupancy as of quarter end
84.8
%
82.9
%
84.8
%
82.9
%
Properties included in same-store
246
246
246
246
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For the Three Months Ended
December 31,
For the Year Ended
December 31,
Percent
Change
Percent
Change
2009
2008
2009
2008
Same-store rental and tenant reinsurance revenues
$
56,497
$
58,863
(4.0
)%
$
226,899
$
233,682
(2.9
)%
Same-store operating and tenant reinsurance expenses
19,752
19,391
1.9
%
80,009
80,142
(0.2
)%
Same store net operating income
$
36,745
$
39,472
(6.9
)%
$
146,890
$
153,540
(4.3
)%
Non same-store rental and tenant reinsurance revenues
$
8,948
$
6,294
42.2
%
$
32,286
$
18,104
78.3
%
Non same-store operating and tenant reinsurance expenses
$
3,192
$
3,368
(5.2
)%
$
14,387
$
9,446
52.3
%
Total rental and tenant reinsurance revenues
$
65,445
$
65,157
0.4
%
$
259,185
$
251,786
2.9
%
Total operating and tenant reinsurance expenses
$
22,944
$
22,759
0.8
%
$
94,396
$
89,588
5.4
%
Same-store square foot occupancy as of quarter end
83.2
%
82.2
%
83.2
%
82.2
%
Properties included in same-store
252
252
252
252
Comparison of the Year Ended December 31, 2010 to the Year Ended December 31, 2009
The increase in same-store rental revenues was primarily due to increased rental rates to incoming and existing customers
and increased occupancy. The decreases in same-store operating expenses for the year ended December 31, 2010 were primarily due to decreases in utilities, office expenses, property
taxes and insurance.
Comparison of the Year Ended December 31, 2009 to the Year Ended December 31, 2008
The decrease in same-store rental revenues was primarily due to lower rates to new customers and decreased average annual
occupancy. These decreases were partially offset by rental rate increases to existing tenants.
CASH FLOWS
Comparison of the Year Ended December 31, 2010 to the Year Ended December 31, 2009
Cash flows provided by operating activities were $104,815 and $81,165 for the years ended December 31, 2010 and 2009,
respectively. The increase when compared to the prior
year was due mainly to an increase in cash received from affiliated joint ventures and related parties during 2010 compared to 2009 to repay receivables from related parties and affiliated real estate
joint ventures. The decrease in net income in the current year when compared to the prior year was offset by a gain on the repurchase of exchangeable senior notes and a loss relating to the
wind-down of our development program in 2009.
Cash
used in investing activities was $83,706 and $104,410 for the years ended December 31, 2010 and 2009, respectively. The decrease in 2010 was primarily the result of $31,239
less cash being used to fund development activities in 2010 compared to 2009. Additionally, the Company received $15,750 in proceeds from the sale of 19 properties to a joint venture in 2010, compared
to $0 in 2009. The decrease in cash used and proceeds from the sales of properties were offset by an increase of $31,403 in cash used to acquire new properties in 2010 compared to 2009.
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Table of Contents
Cash
used in financing activities was $106,309 for the year ended December 31, 2010, compared to cash provided by financing activities of $91,223 for the year ended
December 31, 2009. The decrease in cash provided in 2010 when compared to the prior year was primarily the result of a decrease of $251,498 in the net proceeds from notes payable and lines of
credit in 2010 when compared to 2009, and $39,885 more cash paid for principal payments on notes payable and lines of credit in 2010 when compared to 2009. These decreases were partially offset by
$87,734 less cash being used to repurchase exchangeable senior notes in 2010 compared to 2009.
Comparison of the Year Ended December 31, 2009 to the Year Ended December 31, 2008
Cash flows provided by operating activities were $81,165 and $98,391 for the years ended December 31, 2009 and 2008,
respectively. This decrease was due mainly to a decrease in net income and an increase in the cash paid to affiliated joint ventures and related parties during 2009 compared to 2008 to repay
receivables from related parties and affiliated real estate joint ventures. Additionally, more cash was spent to pay down accounts payable and accrued expenses in 2009 when compared to 2008.
Cash
used in investing activities was $104,410 and $224,481 for the years ended December 31, 2009 and 2008, respectively. The decrease in 2009 was primarily the result of $89,108
less cash being used to fund acquisition activities in 2009 compared to 2008 and a decrease of $46,815 in the amount of cash invested in real estate ventures in 2009 compared to 2008. These decreases
were partially offset by the
collection of $21,812 of cash from the sale of our investments available for sale in 2008, compared to $0 in 2009.
Cash
provided by financing activities were $91,223 and $172,685 for the years ended December 31, 2009 and 2008, respectively. The decrease in cash provided in 2009 when compared
to the prior year was primarily the result of proceeds from issuance of common stock of $276,601 in 2008 compared to $0 in 2009. Additionally, we paid $56,013 more cash in 2009 to repurchase a portion
of our exchangeable senior notes when compared to the prior year. These decreases were partially offset by a net increase of $206,609 in the net proceeds from notes payable and lines of credit in 2009
when compared to 2008, and $46,320 less cash paid for dividends in 2009.
LIQUIDITY AND CAPITAL RESOURCES
As of December 31, 2010, we had $46,750 available in cash and cash equivalents. We intend to use this cash to repay debt
scheduled to mature in 2011 and 2012 and for general corporate purposes. We are required to distribute at least 90% of our net taxable income, excluding net capital gains, to our stockholders on an
annual basis to maintain our qualification as a REIT. Recently issued guidance from the IRS allowed for up to 90% of a REIT's dividends to be paid with its common stock through 2011 if certain
conditions are met. It is unlikely that we will have any substantial cash balances that could be used to meet our liquidity needs. Instead, these needs must be met from cash generated from operations
and external sources of capital.
Our
cash and cash equivalents are held in accounts managed by third party financial institutions and consist of invested cash and cash in our operating accounts. During 2010 we
experienced no loss or lack of access to our cash or cash equivalents; however, there can be no assurance that access to our cash and cash equivalents will not be impacted by adverse conditions in the
financial markets.
On
December 8, 2010, we entered into a $40,000 Fourth Credit Line that is collateralized by mortgages on certain real estate assets and matures December 8, 2013 with two
one-year extension options available. We intend to use the proceeds from the Fourth Credit Line to repay debt and for general corporate purposes. The Fourth Credit Line has an interest
rate of LIBOR plus 320 basis points with an interest rate floor of 4.5% (4.5% as of December 31, 2010). At December 31, 2010, $15,000 was drawn on the Fourth Credit Line. The Company
guarantees the Fourth Credit Line.
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Table of Contents
On
June 4, 2010, we entered into a $45,000 Third Credit Line that is collateralized by mortgages on certain lease-up real estate assets and matures on May 31,
2013 with a two-year extension available. We intend to use the proceeds of the Third Credit Line to repay debt and for general corporate purposes. The Third Credit Line has an interest
rate of LIBOR plus 350 basis points (3.8% as of December 31, 2010). As of December 31, 2010, the Third Credit Line had $34,700 of capacity based on the lease-up of the assets
collateralizing the Third Credit Line. At December 31, 2010 $25,467 was drawn on the Third Credit Line. The Company guarantees the Third Credit Line.
On
February 13, 2009, we entered into a $50,000 Second Credit Line that is collateralized by mortgages on certain real estate assets and matures February 13, 2013 with an
option to extend one additional year. We intend to use the proceeds from the Second Credit Line to repay debt and for general corporate purposes. The Second Credit Line has an interest rate of LIBOR
plus 350 basis points (3.8% as of December 31, 2010). As of December 31, 2010, $30,000 was drawn on the Second Credit Line. The Company guarantees the Second Credit Line.
On
October 19, 2007, we entered into a $100,000 Credit Line. The outstanding balance on the Credit Line at December 31, 2010 was $100,000. We intend to use the proceeds of
the Credit Line to repay debt and for general corporate purposes. The Credit Line has an interest rate between 100 and 205 basis points over LIBOR, depending on certain of our financial ratios (1.3%
as of December 31, 2010). The Credit Line is collateralized by mortgages on certain real estate assets. The Credit Line matures on October 31, 2011 with a one-year extension
available.
As
of December 31, 2010, we had approximately $1,249,123 of debt, resulting in a debt to total capitalization ratio of 44.1%. As of December 31, 2010, the ratio of total
fixed rate debt and other instruments to total debt was 65.6% (including $176,188 on which we have interest rate swaps that have been included as fixed-rate debt). The weighted average
interest rate of the total of fixed and variable rate debt at December 31, 2010 was 4.7%. Certain of our real estate assets are pledged as collateral for our debt. We are subject to certain
restrictive covenants relating to our outstanding debt. We were in compliance with all financial covenants at December 31, 2010.
We
expect to fund our short-term liquidity requirements, including operating expenses, recurring capital expenditures, dividends to stockholders, distributions to holders of
OP units and interest on our outstanding indebtedness out of our operating cash flow, cash on hand and borrowings under our Credit Lines. In addition, we are actively pursuing additional term loans
secured by unencumbered properties.
Our
liquidity needs consist primarily of cash distributions to stockholders, facility development, property acquisitions, principal payments under our borrowings and
non-recurring capital expenditures. We may from time to time seek to repurchase or redeem our outstanding debt, shares of common stock or other securities in open market purchases,
privately negotiated transactions or otherwise. Such repurchases or redemptions, if any, will depend on prevailing market conditions, our liquidity requirements, contractual restrictions and other
factors. In addition, we evaluate, on an
ongoing basis, the merits of strategic acquisitions and other relationships, which may require us to raise additional funds. We do not expect that our operating cash flow will be sufficient to fund
our liquidity needs and instead expect to fund such needs out of additional borrowings of secured or unsecured indebtedness, joint ventures with third parties, and from the proceeds of public and
private offerings of equity and debt. Additional capital may not be available on terms favorable to us or at all. Any additional issuance of equity or equity-linked securities may result in dilution
to our stockholders. In addition, any new securities we issue could have rights, preferences and privileges senior to holders of our common stock. We may also use OP units as currency to fund
acquisitions from self-storage owners who desire tax-deferral in their exiting transactions.
The
U.S. credit markets have experienced dislocations and liquidity disruptions which have caused the spreads on prospective debt financings to widen. These circumstances have impacted
liquidity in the
47
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debt
markets, making financing terms for borrowers less attractive, and in certain cases have resulted in the unavailability of certain types of debt financing. Uncertainty in the credit markets may
negatively impact our ability to make acquisitions and fund development projects. In addition, the financial condition of the lenders of our credit facilities may worsen to the point that they default
on their obligations to make available to us the funds under those facilities. A prolonged downturn in the credit markets may cause us to seek alternative sources of potentially less attractive
financing, and may require us to adjust our business plan accordingly. In addition, these factors may make it more difficult for us to sell properties or may adversely affect the price we receive for
properties that we do sell, as prospective buyers may experience increased costs of debt financing or difficulties in obtaining debt financing. These events in the credit markets have also had an
adverse affect on other financial markets in the United States, which may make it more difficult or costly for us to raise capital through the issuance of common stock, preferred stock or other equity
securities. These disruptions in the financial market may have other adverse effects on us or the economy generally, which could cause our stock price to decline.
OFF-BALANCE SHEET ARRANGEMENTS
Except as disclosed in the notes to our financial statements, we do not currently have any relationships with unconsolidated entities
or financial partnerships, such as entities often referred to as structured finance or special purposes entities, which typically are established for the purpose of facilitating
off-balance sheet arrangements or other contractually narrow or limited purposes. Further, except as disclosed in the notes to our financial statements, we have not guaranteed any
obligations of unconsolidated entities nor do we have any commitments or intent to provide funding to any such entities. Accordingly, we are not materially exposed to any financing, liquidity, market
or credit risk that could arise if we had engaged in these relationships.
Our
exchangeable senior notes provide for excess exchange value to be paid in shares of our common stock if our stock price exceeds a certain amount. See the notes to our financial
statements for a further description of our exchangeable senior notes.
CONTRACTUAL OBLIGATIONS
The following table sets forth information on payments due by period as of December 31, 2010:
Payments due by Period:
Total
Less Than
1 Year (2011)
1-3 Years
(2012-2013)
3-5 Years
(2014-2015)
After 5 Years
(after 2015)
Operating leases
$
61,362
$
6,597
$
11,429
$
7,446
$
35,890
Notes payable, notes payable to trusts, exchangeable senior notes and lines of credit
Interest
310,730
53,782
92,157
60,761
104,030
Principal
1,249,123
292,888
257,809
353,728
344,698
Total contractual obligations
$
1,621,215
$
353,267
$
361,395
$
421,935
$
484,618
As
of December 31, 2010, the weighted average interest rate for all fixed rate loans was 5.5%, and the weighted average interest rate on all variable rate loans was 3.1%.
FINANCING STRATEGY
We will continue to employ leverage in our capital structure in amounts reviewed from time to time by our board of directors. Although
our board of directors has not adopted a policy which limits the total amount of indebtedness that we may incur, we will consider a number of factors in evaluating
48
Table of Contents
our
level of indebtedness from time to time, as well as the amount of such indebtedness that will be either fixed or variable rate. In making financing decisions, we will consider factors including
but not limited to:
the interest rate of the proposed financing;
the extent to which the financing impacts flexibility in managing our properties;
prepayment penalties and restrictions on refinancing;
the purchase price of properties acquired with debt financing;
long-term objectives with respect to the financing;
target investment returns;
the ability of particular properties, and our Company as a whole, to generate cash flow sufficient to cover expected debt
service payments;
overall level of consolidated indebtedness;
timing of debt and lease maturities;
provisions that require recourse and cross-collateralization;
corporate credit ratios including debt service coverage, debt to total capitalization and debt to undepreciated assets;
and
the overall ratio of fixed and variable rate debt.
Our
indebtedness may be recourse, non-recourse or cross-collateralized. If the indebtedness is non-recourse, the collateral will be limited to the particular
properties to which the indebtedness relates. In addition, we may invest in properties subject to existing loans collateralized by mortgages or similar liens on our properties, or may refinance
properties acquired on a leveraged basis. We may use the proceeds from any borrowings to refinance existing indebtedness, to refinance investments, including the redevelopment of existing properties,
for general working capital or to purchase additional interests in partnerships or joint ventures or for other purposes when we believe it is advisable.
During
2008 and 2009, we repurchased $162,337 in aggregate principal amount of our exchangeable senior notes on the open market for $119,455 in cash. We may from time to time seek to
retire, repurchase or redeem our additional outstanding debt including our exchangeable senior notes as well as shares of common stock or other securities in open market purchases, privately
negotiated transactions or otherwise. Such repurchases or redemptions, if any, will depend on prevailing market conditions, our liquidity requirements, contractual restrictions and other factors. The
amounts involved may be material.
SEASONALITY
The self-storage business is subject to seasonal fluctuations. A greater portion of revenues and profits are realized from
May through September. Historically, our highest level of occupancy has been at the end of July, while our lowest level of occupancy has been in late February and early March. Results for any quarter
may not be indicative of the results that may be achieved for the full fiscal year.
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Table of Contents
Item 7a. Quantitative and Qualitative Disclosures About Market Risk
Market Risk
Market risk refers to the risk of loss from adverse changes in market prices and interest rates. Our future income, cash flows and fair
values of financial instruments are dependent upon prevailing market interest rates.
Interest Rate Risk
Interest rate risk is highly sensitive to many factors, including governmental monetary and tax policies, domestic and international
economic and political considerations and other factors beyond our control.
As
of December 31, 2010, we had approximately $1.2 billion in total debt, of which approximately $429.9 million was subject to variable interest rates (excluding
debt with interest rate swaps). If LIBOR were to increase or decrease by 100 basis points, the increase or decrease in interest expense on the variable rate debt (excluding variable rate debt with
interest rate floors) would increase or decrease future earnings and cash flows by approximately $3.4 million annually.
Interest
rate risk amounts were determined by considering the impact of hypothetical interest rates on our financial instruments. These analyses do not consider the effect of any change
in overall economic activity that could occur. Further, in the event of a change of that magnitude, we may take actions to further mitigate our exposure to the change. However, due to the uncertainty
of the specific actions that would be taken and their possible effects, these analyses assume no changes in our financial structure.
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Item 8. Financial Statements and Supplementary Data
EXTRA SPACE STORAGE INC. INDEX TO CONSOLIDATED FINANCIAL STATEMENTS AND SCHEDULES
All
other schedules have been omitted since the required information is not present or not present in amounts sufficient to require submission of the schedule, or because the information
required is included in the consolidated financial statements or notes thereto.
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Table of Contents
Report of Independent Registered Public Accounting Firm
To
the Board of Directors and Stockholders of Extra Space Storage Inc.
We
have audited the accompanying consolidated balance sheets of Extra Space Storage Inc. ("the Company") as of December 31, 2010 and 2009, and the related consolidated
statements of income, shareholders' equity, and cash flows for each of the three years in the period ended December 31, 2010. Our audits also included the financial statement schedule listed in
the index at Item 8. These financial statements and schedule are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements and
schedule based on our audits.
We
conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in
the
financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.
In
our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of the Company at December 31, 2010 and
2009 and the consolidated results of its operations and its cash flows for each of the three years in the period ended December 31, 2010, in conformity with U.S. generally accepted accounting
principles. Also, in our opinion, the related financial statement schedule, when considered in relation to the basic consolidated financial statements taken as a whole, presents fairly in all material
respects the information set forth therein.
We
also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the Company's internal control over financial reporting as of
December 31, 2010, based on criteria established in Internal ControlIntegrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission and our
report dated February 25, 2011 expressed an unqualified opinion thereon.
/s/
Ernst & Young LLP
Salt Lake City, Utah
February 25, 2011
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Extra Space Storage Inc. Consolidated Balance Sheets (Dollars in thousands, except share data)
December 31, 2010
December 31, 2009
Assets:
Real estate assets:
Net operating real estate assets
$
1,935,319
$
2,015,432
Real estate under development
37,083
34,427
Net real estate assets
1,972,402
2,049,859
Investments in real estate ventures
140,560
130,449
Cash and cash equivalents
46,750
131,950
Restricted cash
30,498
39,208
Receivables from related parties and affiliated real estate joint ventures
10,061
5,114
Other assets, net
48,197
50,976
Total assets
$
2,248,468
$
2,407,556
Liabilities, Noncontrolling Interests and Equity:
Notes payable
$
871,403
$
1,099,593
Notes payable to trusts
119,590
119,590
Exchangeable senior notes
87,663
87,663
Discount on exchangeable senior notes
(2,205
)
(3,869
)
Lines of credit
170,467
100,000
Accounts payable and accrued expenses
34,210
33,386
Other liabilities
28,269
24,974
Total liabilities
1,309,397
1,461,337
Commitments and contingencies
Equity:
Extra Space Storage Inc. stockholders' equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued or outstanding
Common stock, $0.01 par value, 300,000,000 shares authorized, 87,587,322 and 86,721,841 shares issued and outstanding at December 31, 2010 and
December 31, 2009, respectively
876
867
Paid-in capital
1,148,820
1,138,243
Accumulated other comprehensive deficit
(5,787
)
(1,056
)
Accumulated deficit
(262,508
)
(253,875
)
Total Extra Space Storage Inc. stockholders' equity
881,401
884,179
Noncontrolling interest represented by Preferred Operating Partnership units, net of $100,000 note receivable
29,733
29,886
Noncontrolling interests in Operating Partnership
26,803
31,381
Other noncontrolling interests
1,134
773
Total noncontrolling interests and equity
939,071
946,219
Total liabilities, noncontrolling interests and equity
$
2,248,468
$
2,407,556
See
accompanying notes.
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Table of Contents
Extra Space Storage Inc. Consolidated Statements of Operations (Dollars in thousands, except share data)
For the Year Ended December 31,
2010
2009
2008
Revenues:
Property rental
$
232,447
$
238,256
$
235,695
Management and franchise fees
23,122
20,961
20,945
Tenant reinsurance
25,928
20,929
16,091
Total revenues
281,497
280,146
272,731
Expenses:
Property operations
86,165
88,935
84,522
Tenant reinsurance
6,505
5,461
5,066
Unrecovered development and acquisition costs
1,235
19,011
1,727
Loss on sublease
2,000
Severance costs
2,225
General and administrative
44,428
40,224
39,388
Depreciation and amortization
50,349
52,403
49,566
Total expenses
190,682
208,259
180,269
Income from operations
90,815
71,887
92,462
Interest expense
(64,116
)
(67,579
)
(64,611
)
Non-cash interest expense related to amortization of discount on exchangeable senior notes
(1,664
)
(2,239
)
(4,060
)
Interest income
898
1,582
3,399
Interest income on note receivable from Preferred Operating Partnership unit holder
4,850
4,850
4,850
Gain on repurchase of exchangeable senior notes
27,928
6,311
Loss on sale of investments available for sale
(1,415
)
Income before equity in earnings of real estate ventures and income tax expense
30,783
36,429
36,936
Equity in earnings of real estate ventures
6,753
6,964
6,932
Income tax expense
(4,162
)
(4,300
)
(519
)
Net income
33,374
39,093
43,349
Net income allocated to Preferred Operating Partnership noncontrolling interests
(6,048
)
(6,186
)
(6,269
)
Net income allocated to Operating Partnership and other noncontrolling interests
(995
)
(930
)
(1,299
)
Net income attributable to common stockholders
$
26,331
$
31,977
$
35,781
Net income per common share
Basic
$
0.30
$
0.37
$
0.46
Diluted
$
0.30
$
0.37
$
0.46
Weighted average number of shares
Basic
87,324,104
86,343,029
76,996,754
Diluted
92,050,453
91,082,834
82,352,988
Cash dividends paid per common share
$
0.40
$
0.38
$
1.00
See
accompanying notes.
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Table of Contents
Extra Space Storage Inc. Consolidated Statements of Stockholders' Equity (Dollars in thousands, except share data)
Noncontrolling Interests
Extra Space Storage Inc. Stockholders' Equity
Preferred
Operating
Partnership
Operating
Partnership
Other
Shares
Par
Value
Paid-in
Capital
Accumulated
Other
Comprehensive
Deficit
Accumulated
Deficit
Total
Equity
Balances at December 31, 2007
$
30,287
$
36,124
$
(194
)
65,784,274
$
658
$
848,830
$
(1,314
)
$
(209,713
)
$
704,678
Issuance of common stock upon the exercise of options
146,795
1
1,903
1,904
Restricted stock grants issued
361,624
4
4
Restricted stock grants cancelled
(10,186
)
Compensation expense related to stock-based awards
3,500
3,500
Conversion of Contingent Conversion shares to common stock
1,428,325
14
14
Issuance of common stock, net of offering costs
17,950,000
180
276,421
276,601
New Operating Partnership units issued
3,621
3,621
Investments from other noncontrolling interests
2,628
2,628
Repurchase of equity portion of exchangeable senior notes
(1,025
)
(1,025
)
Conversion of Operating Partnership units to common stock
(1,239
)
129,499
1
1,238
Comprehensive income:
Net income (loss)
6,269
2,175
(876
)
35,781
43,349
Loss on sale of investments available for sale
20
81
1,314
1,415
Total comprehensive income
44,764
Tax effect from exercise of common stock options
97
97
Distributions to Operating Partnership units held by noncontrolling interests
(6,739
)
(4,134
)
(10,873
)
Dividends paid on common stock at $1.00 per share
(79,120
)
(79,120
)
Balances at December 31, 2008
$
29,837
$
36,628
$
1,558
85,790,331
$
858
$
1,130,964
$
$
(253,052
)
$
946,793
Restricted stock grants issued
547,265
5
5
Restricted stock grants cancelled
(21,256
)
Compensation expense related to stock-based awards
3,809
3,809
Noncontrolling interest consolidated as business acquisition
726
726
Investments from other noncontrolling interests
(615
)
(615
)
Repurchase of equity portion of exchangeable senior notes
(2,234
)
(2,234
)
Conversion of Operating Partnership units to common stock
(3,583
)
405,501
4
3,579
Redemption of Operating Partnership units for cash
(1,908
)
(1,908
)
Comprehensive income:
Net income (loss)
6,186
1,826
(896
)
31,977
39,093
Change in fair value of interest rate swap
(11
)
(44
)
(1,056
)
(1,111
)
Total comprehensive income
37,982
Tax effect from vesting of restricted stock grants
(414
)
(414
)
Tax effect from wind down of development program
2,539
2,539
Distributions to Operating Partnership units held by noncontrolling interests
(6,126
)
(1,538
)
(7,664
)
Dividends paid on common stock at $0.38 per share
(32,800
)
(32,800
)
Balances at December 31, 2009
$
29,886
$
31,381
$
773
86,721,841
$
867
$
1,138,243
$
(1,056
)
$
(253,875
)
$
946,219
Issuance of common stock upon the exercise of options
484,261
5
5,656
5,661
Restricted stock grants issued
445,230
4
4
Restricted stock grants cancelled
(64,010
)
Compensation expense related to stock-based awards
4,580
4,580
Deconsolidation of noncontrolling interests
104
104
Redemption of Operating Partnership units for cash
(4,116
)
(4,116
)
Investments from other noncontrolling interests
87
87
Purchase of noncontrolling interest
223
223
Comprehensive income:
Net income (loss)
6,048
1,048
(53
)
26,331
33,374
Change in fair value of interest rate swap
(55
)
(177
)
(4,731
)
(4,963
)
Total comprehensive income
28,411
Tax effect from vesting of restricted stock grants and stock option exercises
836
836
Tax effect from contribution of property to Taxable REIT Subsidiary
(495
)
(495
)
Distributions to Operating Partnership units held by noncontrolling interests
(6,146
)
(1,333
)
(7,479
)
Dividends paid on common stock at $0.40 per share
(34,964
)
(34,964
)
Balances at December 31, 2010
$
29,733
$
26,803
$
1,134
87,587,322
$
876
$
1,148,820
$
(5,787
)
$
(262,508
)
$
939,071
See accompanying notes.
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Table of Contents
Extra Space Storage Inc. Consolidated Statements of Cash Flows (Dollars in thousands)
For the Year Ended December 31,
2010
2009
2008
Cash flows from operating activities:
Net income
$
33,374
$
39,093
$
43,349
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
50,349
52,403
49,566
Amortization of deferred financing costs
4,354
3,877
3,596
Non-cash interest expense related to amortization of discount on exchangeable senior notes
1,664
2,239
4,060
Gain on repurchase of exchangeable senior notes
(27,928
)
(6,311
)
Compensation expense related to stock-based awards
4,580
3,809
3,500
Loss on sale of investments available for sale
1,415
Non-cash unrecovered development and acquisition costs
19,011
1,727
Loss on sublease
2,000
Distributions from real estate ventures in excess of earnings
6,722
5,968
5,176
Changes in operating assets and liabilities:
Receivables from related parties and affiliated real estate joint ventures
3,011
(12,347
)
(5,976
)
Other assets
(324
)
(6,584
)
(9,164
)
Accounts payable and accrued expenses
824
(1,675
)
3,435
Other liabilities
(1,739
)
3,299
4,018
Net cash provided by operating activities
104,815
81,165
98,391
Cash flows from investing activities:
Acquisition of real estate assets
(69,588
)
(38,185
)
(127,293
)
Development and construction of real estate assets
(36,062
)
(67,301
)
(66,071
)
Proceeds from sale of real estate assets
4,652
340
Proceeds from sale of properties to joint venture
15,750
Investments in real estate ventures
(9,699
)
(3,246
)
(50,061
)
Return of investment in real estate ventures
8,802
1,315
2,915
Net proceeds from sale of investments available for sale
21,812
Change in restricted cash
9,036
(497
)
(3,781
)
Purchase of equipment and fixtures
(1,945
)
(1,148
)
(2,342
)
Net cash used in investing activities
(83,706
)
(104,410
)
(224,481
)
Cash flows from financing activities:
Repurchase of exchangeable senior notes
(87,734
)
(31,721
)
Proceeds from notes payable and lines of credit
191,062
442,560
42,302
Principal payments on notes payable and lines of credit
(252,400
)
(212,515
)
(26,575
)
Deferred financing costs
(4,160
)
(8,716
)
(1,007
)
Investments from other noncontrolling interests
87
1,174
Redemption of Operating Partnership units held by noncontrolling interest
(4,116
)
(1,908
)
Proceeds from issuance of common shares, net
276,601
Net proceeds from exercise of stock options
5,661
1,904
Dividends paid on common stock
(34,964
)
(32,800
)
(79,120
)
Distributions to noncontrolling interests in Operating Partnership
(7,479
)
(7,664
)
(10,873
)
Net cash provided by (used in) financing activities
(106,309
)
91,223
172,685
Net increase (decrease) in cash and cash equivalents
(85,200
)
67,978
46,595
Cash and cash equivalents, beginning of the period
131,950
63,972
17,377
Cash and cash equivalents, end of the period
$
46,750
$
131,950
$
63,972
Supplemental schedule of cash flow information
Interest paid, net of amounts capitalized
$
60,100
$
64,175
$
62,831
Supplemental schedule of noncash investing and financing activities:
Deconsolidation of joint ventures due to application of Accounting Standards Codification 810:
Real estate assets, net
$
(42,739
)
$
$
Investments in real estate ventures
404
Receivables from related parties and affiliated real estate joint ventures
21,142
Other assets and other liabilities
(51
)
Notes payable
21,348
Other noncontrolling interests
(104
)
Conversion of Operating Partnership units held by noncontrolling interests for common stock
$
$
3,583
$
1,239
Acquisitions of real estate assets
Real estate assets, net
$
25,963
$
$
3,621
Notes payable assumed
(25,963
)
Operating Partnership units issued as consideration
(3,621
)
Change in receivables from related parties and affiliated real estate joint ventures due to consolidation of joint venture properties
$
$
18,568
$
See accompanying notes.
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Table of Contents
Extra Space Storage Inc. Notes to Consolidated Financial Statements December 31, 2010 (Amounts in thousands, except property
and share data)
1. DESCRIPTION OF BUSINESS
Extra Space Storage Inc. (the "Company") is a self-administered and self-managed real estate investment trust ("REIT"), formed as a Maryland Corporation on
April 30, 2004 to own, operate, manage, acquire, develop and redevelop professionally managed self-storage facilities located throughout the United States. The Company continues the
business of Extra Space Storage LLC and its subsidiaries, which had engaged in the self-storage business since 1977. The Company's interest in its properties is held through its
operating partnership, Extra Space Storage LP (the "Operating Partnership"), which was formed on May 5, 2004. The Company's primary assets are general partner and limited partner
interests in the Operating Partnership. This structure is commonly referred to as an umbrella partnership REIT, or UPREIT. The Company has elected to be taxed as a REIT under the Internal Revenue Code
of 1986, as amended (the "Internal Revenue Code"). To the extent the Company continues to qualify as a
REIT, it will not be subject to tax, with certain limited exceptions, on the taxable income that is distributed to its stockholders.
The
Company invests in self-storage facilities by acquiring or developing wholly owned facilities or by acquiring an equity interest in real estate entities. At
December 31, 2010, the Company had direct and indirect equity interests in 660 storage facilities. In addition, the Company managed 160 properties for franchisees or third parties bringing the
total number of properties which it owns and/or manages to 820, located in 34 states and Washington, D.C.
The
Company operates in three distinct segments: (1) property management, acquisition and development; (2) rental operations; and (3) tenant reinsurance. The
Company's property management, acquisition and development activities include managing, acquiring, developing and selling self-storage facilities. On June 2, 2009, the Company
announced the wind-down of its development activities. As of December 31, 2010, there were six remaining development projects in process. The Company expects to complete these
projects by the end of 2011. The rental operations activities include rental operations of self-storage facilities. No single tenant accounts for more than 5% of rental income. Tenant
reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in the Company's self storage facilities.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation
The consolidated financial statements are presented on the accrual basis of accounting in accordance with U.S. generally accepted
accounting principles ("GAAP") and include
the accounts of the Company and its wholly or majority owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
The
Company accounts for arrangements that are not controlled through voting or similar rights as variable interest entities ("VIEs"). An enterprise is required to consolidate a VIE if
it is the primary beneficiary of the VIE. A VIE is created when (i) the equity investment at risk is not sufficient to permit the entity to finance its activities without additional
subordinated financial support from other parties, or (ii) the entity's equity holders as a group either: (a) lack the power, through voting or similar rights, to direct the activities
of the entity that most significantly impact the entity's economic performance, (b) are not obligated to absorb expected losses of the entity if they occur, or (c) do not
57
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
have
the right to receive expected residual returns of the entity if they occur. If an entity is deemed to be a VIE, the enterprise that is deemed to have a variable interest, or combination of
variable interests, that provides the enterprise with a controlling financial interest in the VIE, is considered the primary beneficiary and must consolidate the VIE
The
Company has concluded that under certain circumstances when the Company (1) enters into option agreements for the purchase of land or facilities from an entity and pay a
non-refundable deposit, or (2) enters into arrangements for the formation of joint ventures, a VIE may be created under condition (i), (ii) (b) or (c) of
the previous paragraph. For each VIE created, the Company has performed a qualitative analysis, including considering which party, if any, has the power to direct the activities most significant to
the economic performance of each VIE and whether that party has the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could be significant to the VIE. If the
Company is determined to be the primary beneficiary of the VIE, the assets, liabilities and operations of the VIE are consolidated with the Company's financial statements. Additionally, the Operating
Partnership has notes payable to three trusts that are VIEs under condition (ii)(a) above. Since the Operating Partnership is not the primary beneficiary of the trusts, these VIEs are not
consolidated.
The
Company's investments in real estate joint ventures, where the Company has significant influence, but not control, and joint ventures which are VIEs in which the Company is not the
primary beneficiary, are recorded under the equity method of accounting on the accompanying consolidated financial statements.
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make
estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the
reporting period. Actual results could differ from those estimates.
Reclassifications
Certain amounts in the 2009 and 2008 financial statements and supporting note disclosures have been reclassified to conform to the
current year presentation. Such reclassifications did not impact previously reported net income or accumulated deficit.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table provides information for each major category of assets and liabilities that are measured at fair value on a
recurring basis:
Fair Value Measurements at Reporting Date Using
Description
December 31, 2010
Quoted Prices in Active
Markets for Identical
Assets (Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
Other liabilitiesSwap Agreement 1
$
(1,813
)
$
$
(1,813
)
$
Other liabilitiesSwap Agreement 2
(1,439
)
(1,439
)
Other liabilitiesSwap Agreement 3
(643
)
(643
)
Other liabilitiesSwap Agreement 4
(475
)
(475
)
Other liabilitiesSwap Agreement 5
(562
)
(562
)
Other liabilitiesSwap Agreement 6
(1,142
)
(1,142
)
Total
$
(6,074
)
$
$
(6,074
)
$
There
were no transfer of assets and liabilities between Level 1 and Level 2 during 2010. The Company did not have any significant assets or liabilities that are
re-measured on a recurring basis using significant unobservable inputs for the years ended December 31, 2010 or 2009.
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Long lived assets held for use are evaluated by the Company for impairment when events or circumstances indicate that there may be
impairment. The Company reviews each self-storage facility at least annually to determine if any such events or circumstances have occurred or exist. The Company focuses on facilities
where occupancy and/or rental income have decreased by a significant amount. For these facilities, the Company determines whether the decrease is temporary or permanent and whether the facility will
likely recover the lost occupancy and/or revenue in the short term. In addition, the Company carefully reviews facilities in the lease-up stage and compares actual operating results to
original projections.
When
the Company determines that an event that may indicate impairment has occurred, the Company compares the carrying value of the related long-lived assets to the
undiscounted future net operating cash flows attributable to the assets. An impairment loss is recorded if the net carrying value of the assets exceeds the undiscounted future net operating cash flows
attributable to the assets. The
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Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
impairment
loss recognized equals the excess of net carrying value over the related fair value of the assets.
When
real estate assets are identified by management as held for sale, the Company discontinues depreciating the assets and estimates the fair value of the assets, net of selling costs.
If the estimated fair value, net of selling costs, of the assets that have been identified for sale is less than the net carrying value of the assets, then a valuation allowance is established. The
operations of assets held for sale or sold during the period are generally presented as discontinued operations for all periods presented.
The
Company assesses whether there are any indicators that the value of the Company's investments in unconsolidated real estate ventures may be impaired annually and when events or
circumstances indicate that there may be impairment. An investment is impaired if management's estimate of the fair value of the investment is less than its carrying value. To the extent impairment
has occurred, and is considered to be other than temporary, the loss is measured as the excess of the carrying amount of the investment over the fair value of the investment.
On
June 2, 2009, the Company announced the wind-down of its development activities. As a result of this change, the Company reviewed its properties under construction,
unimproved land and its investment in development joint ventures for potential impairments. This review included the preparation of updated models based on current market conditions, obtaining
appraisals and reviewing recent sales and list prices of undeveloped land and mature self storage facilities. Based on this review, the Company identified certain assets as being impaired. The
impairments relating to long-lived assets where the Company intends to complete the development and hold the asset are the result of the estimated undiscounted future cash flows being less
than the current carrying value of the assets. The Company compared the carrying value of certain undeveloped land and seven vacant condominiums that the Company intends to sell to the fair market
value of similar undeveloped land and condominiums. For the assets that the Company intends to sell, where the current estimated fair market value less costs to sell was below the carrying value, the
Company reduced the carrying value of the asset to the current fair market value less selling costs and recorded an impairment charge. These assets are classified as held for sale. The impairments
relating to investments in development joint ventures are the result of the Company comparing the estimated current fair market value to the carrying value of the investment. For those investments in
development joint ventures where the current estimated fair market value was below the carrying value, the Company reduced the investment to the current fair market value through an impairment charge.
Losses relating to changes in fair value have been included in unrecovered development and acquisition costs on the Company's statements of operations for the year ended December 31, 2009. No
impairment losses were recorded during the year ended December 31, 2010.
As
of December 31, 2010, the Company did not have any assets or liabilities measured at fair value on a nonrecurring basis.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Fair Value of Financial Instruments
The carrying values of cash and cash equivalents, restricted cash, receivables, other financial instruments included in other assets,
accounts payable and accrued expenses, variable rate notes payable and notes payable to trusts, lines of credit and other liabilities reflected in the consolidated balance sheets at
December 31, 2010 and 2009 approximate fair value. The fair values of the Company's notes receivable, fixed rate notes payable and notes payable to trusts and exchangeable senior notes are as
follows:
December 31, 2010
December 31, 2009
Fair
Value
Carrying
Value
Fair
Value
Carrying
Value
Note receivable from Preferred Operating Partnership unit holder
$
115,696
$
100,000
$
112,740
$
100,000
Fixed rate notes payable and notes payable to trusts
$
777,575
$
731,588
$
1,067,653
$
1,015,063
Exchangeable senior notes
$
118,975
$
87,663
$
110,122
$
87,663
Real Estate Assets
Real estate assets are stated at cost, less accumulated depreciation. Direct and allowable internal costs associated with the
development, construction, renovation, and improvement of real estate assets are capitalized. Interest, property taxes, and other costs associated with development incurred during the construction
period are capitalized. Capitalized interest during the years ended December 31, 2010, 2009 and 2008 was $2,013, $4,148, and $5,506, respectively.
Expenditures
for maintenance and repairs are charged to expense as incurred. Major replacements and betterments that improve or extend the life of the asset are capitalized and
depreciated over their estimated useful lives. Depreciation is computed using the straight-line method over the estimated useful lives of the buildings and improvements, which are
generally between five and 39 years.
In
connection with the Company's acquisition of self-storage facilities, the purchase price is allocated to the tangible and intangible assets and liabilities acquired based
on their fair values, which are estimated using significant unobservable inputs. The value of the tangible assets, consisting of land and buildings, are determined as if vacant. Intangible assets,
which represent the value of existing tenant relationships, are recorded at their fair values based on the avoided cost to replace the current leases. The Company measures the value of tenant
relationships based on the rent lost due to the amount of time required to replace existing customers which is based on the Company's historical experience with turnover in its facilities. Debt
assumed as part of an acquisition is recorded at fair value based on current interest rates compared to contractual rates. Acquisition-related transaction costs incurred after December 31, 2008
have been expensed as incurred.
Intangible
lease rights represent: (1) purchase price amounts allocated to leases on two properties that cannot be classified as ground or building leases; these rights are
amortized to expense over the life of the leases and (2) intangibles related to ground leases on four properties where the leases were assumed by the Company at rates that were lower than the
current market rates for similar leases. The
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
value
associated with these assumed leases were recorded as intangibles, which will be amortized over the lease terms.
Investments in Real Estate Ventures
The Company's investments in real estate joint ventures, where the Company has significant influence, but not control and joint
ventures which are VIEs in which the Company is not the primary beneficiary, are recorded under the equity method of accounting in the accompanying consolidated financial statements.
Under
the equity method, the Company's investment in real estate ventures is stated at cost and adjusted for the Company's share of net earnings or losses and reduced by distributions.
Equity in earnings of real estate ventures is generally recognized based on the Company's ownership interest in the earnings of each of the unconsolidated real estate ventures. For the purposes of
presentation in the statement of cash flows, the Company follows the "look through" approach for classification of distributions from joint ventures. Under this approach, distributions are reported
under operating cash
flow unless the facts and circumstances of a specific distribution clearly indicate that it is a return of capital (e.g., a liquidating dividend or distribution of the proceeds from the joint
venture's sale of assets), in which case it is reported as an investing activity.
Cash and Cash Equivalents
The Company's cash is deposited with financial institutions located throughout the United States of America and at times may exceed
federally insured limits. The Company considers all highly liquid debt instruments with a maturity date of three months or less to be cash equivalents.
Restricted Cash
Restricted cash is comprised of letters of credit and escrowed funds deposited with financial institutions located in various states
relating to earnest money deposits on potential acquisitions, real estate taxes, insurance, capital expenditures and lease liabilities.
Other Assets
Other assets consist primarily of equipment and fixtures, deferred financing costs, customer accounts receivable, investments in
trusts, other intangible assets, deferred tax assets and prepaid expenses. Depreciation of equipment and fixtures is computed on a straight-line basis over three to five years. Deferred
financing costs are amortized to interest expense using the effective interest method over the terms of the respective debt agreements.
Derivative Instruments and Hedging Activities
The accounting for changes in the fair value of derivatives depends on the intended use of the derivative and the resulting
designation. Derivatives used to hedge the exposure to changes in the fair value of an asset, liability or firm commitment attributable to a particular risk are considered fair value
62
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
hedges.
Derivatives used to hedge the exposure to variability in expected future cash flows or other types of forecasted transactions are considered cash flow hedges.
For
derivatives designated as fair value hedges, changes in the fair value of the derivative and the hedged item related to the hedged risk are recognized in the statements of
operations. For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income, outside of
earnings, and subsequently reclassified to earnings when the hedged transaction affects earnings.
Risk Management and Use of Financial Instruments
In the normal course of its on-going business operations, the Company encounters economic risk. There are three main
components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk on its interest-bearing liabilities. Credit risk is the risk of inability or
unwillingness of tenants to make contractually required payments. Market risk is the risk of declines in the value of properties due to changes in rental rates, interest rates or other market factors
affecting the value of properties held by the Company. The Company has entered into interest rate swap agreements to manage a portion of its interest rate risk.
Conversion of Operating Partnership Units
Conversions of Operating Partnership units to common stock, when converted under the original provisions of the Operating Partnership
agreement, are accounted for by reclassifying the underlying net book value of the units from noncontrolling interest to the Company's equity. The difference between the fair value of the
consideration paid and the adjustment to the
carrying amount of the noncontrolling interest is recognized as additional paid in capital for the Company.
Revenue and Expense Recognition
Rental revenues are recognized as earned based upon amounts that are currently due from tenants. Leases are generally on
month-to-month terms. Prepaid rents are recognized on a straight-line basis over the term of the leases. Promotional discounts are recognized as a reduction to
rental income over the promotional period. Late charges, administrative fees, merchandise sales and truck rentals are recognized as income when earned. Management and franchise fee revenues are
recognized monthly as services are performed and in accordance with the terms of the related management agreements. Tenant reinsurance premiums are recognized as revenue over the period of insurance
coverage. Equity in earnings of real estate entities is recognized based on our ownership interest in the earnings of each of the unconsolidated real estate entities. Interest income is recognized as
earned.
Property
expenses, including utilities, property taxes, repairs and maintenance and other costs to manage the facilities are recognized as incurred. The Company accrues for property tax
expense based upon invoice amounts, estimates and historical trends. If these estimates are incorrect, the timing of expense recognition could be affected.
63
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Real Estate Sales
In general, sales of real estate and related profits/losses are recognized when all consideration has changed hands and risks and
rewards of ownership have been transferred. Certain types of continuing involvement preclude sale treatment and related profit recognition; other forms of continuing involvement allow for sale
recognition but require deferral of profit recognition.
Advertising Costs
The Company incurs advertising costs primarily attributable to directory, direct mail, internet and other advertising. Direct response
advertising costs are deferred and amortized over the expected benefit period determined to be 12 months. All other advertising costs are expensed as incurred. The Company recognized $6,430,
$5,892, and $5,935 in advertising expense for the years ended December 31, 2010, 2009 and 2008, respectively.
Income Taxes
The Company has elected to be treated as a REIT under Sections 856 through 860 of the Internal Revenue Code. In order to
maintain its qualification as a REIT, among other things, the Company is required to distribute at least 90% of its REIT taxable income to its stockholders and meet certain tests regarding the nature
of its income and assets. As a REIT, the Company is not subject to federal income tax with respect to that portion of its income which meets certain criteria and is distributed annually to
stockholders. The Company plans to continue to operate so that it meets the requirements for taxation as a REIT. Many of these requirements, however, are highly technical and complex. If the Company
were to fail to meet these requirements, it would be subject to federal income tax. The Company is subject to certain state and local taxes. Provision for such taxes has been included in income tax
expense on the Company's consolidated statements of operations. For the year ended December 31, 2010, 0.1% (unaudited) of all distributions to stockholders qualifies as a return of capital.
The
Company has elected to treat one of its corporate subsidiaries, Extra Space Management, Inc., as a taxable REIT subsidiary ("TRS"). In general, the Company's TRS may perform
additional services for tenants and generally may engage in any real estate or non-real estate related business (except for the operation or management of health care facilities or any
lodging facilities or the provision to any person, under a franchise, license or otherwise, of rights to any brand name under which lodging facility or health care facility is operated). A TRS is
subject to corporate federal income tax.
Deferred
tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities. At December 31, 2010 and 2009, there
were no material unrecognized tax benefits. Interest and penalties relating to uncertain tax positions will be recognized in income tax expense when incurred. As of December 31, 2010 and 2009,
the Company had no interest or penalties related to uncertain tax provisions.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Stock-Based Compensation
The measurement and recognition of compensation expense for all share-based payment awards to employees and directors are based on
estimated fair values. Awards granted are valued at fair value and any compensation element is recognized on a straight line basis over the service periods of each award.
Net Income Per Share
Basic net income per common share is computed by dividing net income by the weighted average common shares outstanding including
unvested share based payment awards that contain a non-forfeitable right to dividends or dividend equivalents. Diluted earnings per common share measures the performance of the Company
over the reporting period while giving effect to all potential common shares that were dilutive and outstanding during the period. The denominator includes the weighted average number of basic shares
and the number of additional common shares that would have been outstanding if the potential common shares that were dilutive had been issued and is calculated using either the treasury stock or
if-converted method. Potential common shares are securities (such as options, warrants, convertible debt, Contingent Conversion Shares ("CCSs"), Contingent Conversion Units ("CCUs"),
exchangeable Series A Participating Redeemable Preferred Operating Partnership units ("Preferred OP units") and exchangeable Operating Partnership units ("OP units")) that do not have a current
right to participate in earnings but could do so in the future by virtue of their option or conversion right. In computing the dilutive effect of convertible securities, net income is adjusted to add
back any changes in earnings in the period associated with the convertible security. The numerator also is adjusted for the effects of any other non-discretionary changes in income or loss
that would result from the assumed conversion of those potential common shares. In computing diluted earnings per share, only potential common shares that are dilutive, those that reduce earnings per
share, are included.
The
Company's Operating Partnership has $87,663 of exchangeable senior notes issued and outstanding as of December 31, 2010 that also can potentially have a dilutive effect on its
earnings per share calculations. The exchangeable senior notes are exchangeable by holders into shares of the Company's common stock under certain circumstances per the terms of the indenture
governing the exchangeable senior notes. The exchangeable senior notes are not exchangeable unless the price of the Company's common stock is greater than or equal to 130% of the applicable exchange
price for a specified period
during a quarter, or unless certain other events occur. The exchange price was $23.45 per share at December 31, 2010, and could change over time as described in the indenture. The price of the
Company's common stock did not exceed 130% of the exchange price for the specified period of time during the fourth quarter of 2010; therefore holders of the exchangeable senior notes may not elect to
convert them during the first quarter of 2011.
The
Company has irrevocably agreed to pay only cash for the accreted principal amount of the exchangeable senior notes relative to its exchange obligations, but has retained the right to
satisfy the exchange obligations in excess of the accreted principal amount in cash and/or common stock. Though the Company has retained that right, Accounting Standards Codification ("ASC") 260,
" Earnings Per
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Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Share," requires an assumption that shares will be used to pay the exchange obligations in excess of the accreted principal amount, and requires that those shares be included
in the Company's calculation of weighted average common shares outstanding for the diluted earnings per share computation. No shares were included in the computation at December 31, 2010, 2009
or 2008 because there was no excess over the accreted principal for the period.
For
the purposes of computing the diluted impact on earnings per share of the potential conversion of Preferred OP units into common shares, where the Company has the option to redeem in
cash or shares and where the Company has stated the positive intent and ability to settle at least $115,000 of the instrument in cash (or net settle a portion of the Preferred OP units against the
related outstanding note receivable), only the amount of the instrument in excess of $115,000 is considered in the calculation of shares contingently issuable for the purposes of computing diluted
earnings per share as allowed by ASC 260-10-45-46.
For
the years ended December 31, 2010, 2009 and 2008, options to purchase approximately 1,788,142 shares, 4,925,153 shares, and 1,870,423 shares of common stock, respectively,
were excluded from the computation of earnings per share as their effect would have been anti-dilutive. All restricted stock grants have been included in basic and diluted shares
outstanding because such shares earn a non-forfeitable dividend and carry voting rights.
The
computation of net income per share is as follows:
For the Year Ended December 31,
2010
2009
2008
Net income attributable to common stockholders
$
26,331
$
31,977
$
35,781
Add: Income allocated to noncontrolling interestPreferred Operating Partnership and Operating Partnership
7,096
8,012
8,444
Subtract: Fixed component of income allocated to noncontrolling interestPreferred Operating Partnership
(5,750
)
(5,750
)
(5,751
)
Net income for diluted computations
$
27,677
$
34,239
$
38,474
Weighted average common shares outstanding:
Average number of common shares outstandingbasic
87,324,104
86,343,029
76,996,754
Operating Partnership units
3,356,963
3,627,368
4,264,968
Preferred Operating Partnership units
989,980
989,980
989,980
Dilutive and cancelled stock options and CCS/CCU conversions
379,406
122,457
101,286
Average number of common shares outstandingdiluted
92,050,453
91,082,834
82,352,988
Net income per common share
Basic
$
0.30
$
0.37
$
0.46
Diluted
$
0.30
$
0.37
$
0.46
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Recently Issued Accounting Standards
In January 2010, the FASB issued new fair value measurements and disclosures standards to increase the transparency of these measures.
The standards revise two disclosure requirements concerning fair value measurements and clarify two others. They require separate presentation of significant transfers into and out of Levels 1
and 2 of the fair value hierarchy and disclosure of the reasons for such transfers. They will also require the presentation of purchases, sales, issuances, and settlements within Level 3 on a
gross basis rather than a net basis. The amendments also clarify that disclosures should be disaggregated by class of asset or liability and that
disclosures about inputs and valuation techniques should be provided for both recurring and non-recurring fair value measurements. These new disclosure requirements were effective for the
period ended March 31, 2010, except for the requirement concerning gross presentation of Level 3 activity, which is effective for fiscal years beginning after December 15, 2010.
The adoption of the new standards did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.
In
June 2009, the FASB issued changes to ASC 810, "Consolidation," which amended guidance for determining whether an entity is a VIE, and
requires the performance of a qualitative rather than a quantitative analysis to determine the primary beneficiary of a VIE. Under this guidance, an entity would be required to consolidate a VIE if it
has (i) the power to direct the activities that most significantly impact the entity's economic performance and (ii) the obligation to absorb losses of the VIE or the right to receive
benefits from the VIE that could be significant to the VIE. This guidance became effective for the first annual reporting period that began after November 15, 2009, with early adoption
prohibited. The Company adopted this guidance effective January 1, 2010 and reviewed the terms of all joint ventures in relation to the new guidance. As a result of this analysis, the Company
determined that five joint ventures that were consolidated under the previous accounting guidance should be deconsolidated as of January 1, 2010. The assets and liabilities associated with
these joint ventures were removed from the Company's financial statements and the Company's investments in these joint ventures were recorded under the equity method of accounting during the year
ended December 31, 2010.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
3. REAL ESTATE ASSETS
The components of real estate assets are summarized as follows:
December 31, 2010
December 31, 2009
Landoperating
$
494,005
$
501,674
Landdevelopment
24,284
32,635
Buildings and improvements
1,641,665
1,675,340
Intangible assetstenant relationships
32,257
33,463
Intangible lease rights
6,150
6,150
2,198,361
2,249,262
Less: accumulated depreciation and amortization
(263,042
)
(233,830
)
Net operating real estate assets
1,935,319
2,015,432
Real estate under development
37,083
34,427
Net real estate assets
$
1,972,402
$
2,049,859
Real estate assets held for sale included in net real estate assets
$
11,275
$
11,275
The
Company amortizes to expense intangible assetstenant relationships on a straight-line basis over the average period that a tenant is expected to utilize the
facility (currently estimated at 18 months). The Company amortizes to expense the intangible lease rights over the terms of the related leases. Amortization related to the tenant relationships
and lease rights was $907, $1,905, and $4,760 for the years ended December 31, 2010, 2009 and 2008, respectively. The remaining balance of the unamortized lease rights will be amortized over
the next 7 to 51 years.
On
April 10, 2009, the Company sold vacant land in Los Angeles, California for cash of $4,652. A loss of $343 was recorded as a result of this sale, and is included in unrecovered
development and acquisition costs in the consolidated statement of operations.
On
June 19, 2008, the Company sold an undeveloped parcel of vacant land in Antelope, California for its book value of $340. There was no gain or loss recognized on the sale.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
4. PROPERTY ACQUISITIONS
The following table shows the Company's acquisition of operating properties for the years ended December 31, 2010 and 2009 and does not include purchases of raw land or
improvements made to existing assets:
Consideration Paid
Acquisition Date Fair Value
Property Location
Number of
Properties
Date of
Acquisition
Total Paid
Cash Paid
Loan
Assumed
Net
Liabilities/
(Assets)
Assumed
Land
Building
Intangible
Closing
costs
expensed
Source of Acquisition
Texas
2
12/14/2010
$
6,414
$
6,359
$
$
55
$
2,010
$
4,221
$
146
$
37
Unrelated third party
New York
1
11/23/2010
9,727
4,547
5,601
(421
)
5,676
3,784
209
58
Unrelated third party
Utah
2
11/23/2010
4,559
4,570
(11
)
1,306
3,132
106
15
Unrelated third party
Maryland, Virginia
2
10/20/2010
16,784
16,828
(44
)
1,461
14,668
490
165
Unrelated third party
Utah
1
10/20/2010
4,531
4,514
17
986
3,455
80
10
Unrelated third party
Alabama
2
8/23/2010
2,593
2,534
59
416
2,033
140
4
Unrelated third party
Florida
1
7/15/2010
2,787
2,759
28
625
2,133
19
10
Unrelated third party
Georgia
3
6/17/2010
7,661
7,551
110
2,769
4,487
318
87
Unrelated third party
New York
1
5/21/2010
9,629
3,231
6,475
(77
)
2,802
6,536
220
71
Unrelated third party
Georgia
1
11/12/2009
5,731
5,749
(18
)
1,958
3,625
108
40
Unrelated third party
Virginia
1
1/23/2009
7,425
7,438
(13
)
2,076
5,175
122
52
Unrelated franchisee
69
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
5. INVESTMENTS IN REAL ESTATE VENTURES
Investments in real estate ventures at December 31, 2010 and 2009 consist of the following:
Investment balance at
Equity
Ownership %
Excess Profit
Participation %
December 31, 2010
December 31, 2009
Extra Space West One LLC ("ESW")
5
%
40
%
$
1,077
$
1,175
Extra Space West Two LLC ("ESW II")
5
%
40
%
4,606
4,749
Extra Space Northern Properties Six LLC ("ESNPS")
10
%
35
%
1,142
1,388
Extra Space of Santa Monica LLC ("ESSM")
48
%
48
%
2,901
2,419
Clarendon Storage Associates Limited Partnership ("Clarendon")
50
%
50
%
3,204
3,245
HSRE-ESP IA, LLC ("HSRE")
50
%
50
%
11,984
PRISA Self Storage LLC ("PRISA")
2
%
17
%
11,445
11,907
PRISA II Self Storage LLC ("PRISA II")
2
%
17
%
9,855
10,239
PRISA III Self Storage LLC ("PRISA III")
5
%
20
%
3,568
3,793
VRS Self Storage LLC ("VRS")
45
%
54
%
44,641
45,579
WCOT Self Storage LLC ("WCOT")
5
%
20
%
4,799
4,983
Storage Portfolio I LLC ("SP I")
25
%
25-40
%
14,873
16,049
Storage Portfolio Bravo II ("SPB II")
20
%
20-45
%
14,759
15,104
Extra Space Joint Ventures with Everest Real Estate Fund ("Everest")
10-58
%
35-50
%
5,514
1,558
U-Storage de Mexico S.A. and related entities ("U-Storage")
40
%
40
%
4,852
6,166
Other minority owned properties
18-50
%
19-50
%
1,340
2,095
$
140,560
$
130,449
In
these joint ventures, the Company and the joint venture partner generally receive a preferred return on their invested capital. To the extent that cash/profits in excess of these
preferred returns are generated through operations or capital transactions, the Company would receive a higher percentage of the excess cash/profits than its equity interest.
In
accordance with ASC 810, the Company reviews all of its joint venture relationships quarterly to ensure that there are no entities that require consolidation. As of
December 31, 2010, there were no previously unconsolidated entities that were required to be consolidated as a result of this review.
On
June 28, 2010, the Company contributed $6,660 to ESW as a result of a capital call related to the joint venture's repayment of its $16,650 loan. On August 25, 2010, ESW
closed on a new loan and on August 30, 2010, ESW returned $6,660 of investment capital to the Company.
70
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
5. INVESTMENTS IN REAL ESTATE VENTURES (Continued)
On
June 15, 2010, the Company paid $193 to obtain an additional 7.2% percentage interest in ESSM, increasing the Company's interest in the venture from 41.0% to 48.2%.
On
January 21, 2010 the Company closed a joint venture transaction with an affiliate of Harrison Street Real Estate Capital LLC ("Harrison Street"). Harrison Street
contributed approximately $15,800 in cash to the joint venture in return for a 50.0% ownership interest. The Company contributed 19 wholly owned properties and received approximately $15,800 in cash
and a 50.0% ownership interest in the joint venture. The joint venture assumed approximately $101,000 of existing debt which is secured by the properties. The properties are located in California,
Florida, Nevada, Ohio, Pennsylvania, Tennessee, Texas and Virginia. The Company will continue to operate the properties and will receive a 6.0% management fee. The Company's 50% joint venture interest
will be accounted for using the equity method of accounting.
On
July 1, 2008, the Company purchased an additional 40.0% interest in VRS Self Storage LLC from Prudential Real Estate Investors for cash of $44,100, resulting in an
increase in the Company's total interest in the joint venture from 5.0% to 45.0%.
Equity
in earnings (losses) of real estate ventures for the years ended December 31, 2010, 2009, and 2008 consists of the following:
For the Year Ended December 31,
2010
2009
2008
Equity in earnings of ESW
$
1,213
$
1,164
$
1,333
Equity in losses of ESW II
(31
)
(24
)
(57
)
Equity in earnings of ESNPS
239
277
236
Equity in losses of ESSM
(142
)
(113
)
Equity in earnings of Clarendon
417
375
304
Equity in losses of HSRE
(161
)
Equity in earnings of PRISA
641
483
702
Equity in earnings of PRISA II
481
550
596
Equity in earnings of PRISA III
262
235
274
Equity in earnings of VRS
2,221
2,116
1,363
Equity in earnings of WCOT
251
242
299
Equity in earnings of SP I
934
793
1,211
Equity in earnings of SPB II
184
283
614
Equity in earnings (losses) of Everest
195
(6
)
(212
)
Equity in earnings (losses) of U-Storage
55
70
(64
)
Equity in earnings (losses) of other minority owned properties
(6
)
519
333
$
6,753
$
6,964
$
6,932
Equity
in earnings (losses) of ESW II, SP I and SPB II includes the amortization of the Company's excess purchase price of $25,713 of these equity investments over its original basis.
The excess basis is amortized over 40 years.
71
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
5. INVESTMENTS IN REAL ESTATE VENTURES (Continued)
Information
(unaudited) related to the real estate ventures' debt at December 31, 2010 is set forth below:
Loan Amount
Current
Interest Rate
Debt
Maturity
ESWFixed
$
16,700
5.00
%
September 2015
ESW IIFixed
20,000
5.48
%
March 2012
ESNPSFixed
34,500
5.27
%
June 2015
ESSMVariable
10,946
3.01
%
November 2011
ClarendonSwapped to fixed
8,378
5.93
%
September 2018
PRISA
Unleveraged
PRISA II
Unleveraged
PRISA IIIFixed
145,000
4.97
%
August 2012
VRSFixed
52,100
4.76
%
August 2012
WCOTFixed
92,140
4.76
%
August 2012
SP IFixed
115,000
4.62
%
April 2011
SPB IIFixed
58,772
8.00
%
August 2014
U-Storage
Unleveraged
HSREFixed
100,566
5.29
%
August 2015
Other minority owned properties
133,002
various
various
Combined,
condensed unaudited financial information of ESW, ESW II, ESNPS, PRISA, PRISA II, PRISA III, VRS, WCOT, SP I and SPB II and HSRE as of December 31, 2010 and 2009 and for
the years ended December 31, 2010, 2009, and 2008, follows:
December 31,
Balance Sheets:
2010
2009
Assets:
Net real estate assets
$
2,056,032
$
1,977,184
Other
28,866
33,120
$
2,084,898
$
2,010,304
Liabilities and members' equity:
Notes payable
$
634,778
$
535,475
Other liabilities
27,700
27,547
Members' equity
1,422,420
1,447,282
$
2,084,898
$
2,010,304
72
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
5. INVESTMENTS IN REAL ESTATE VENTURES (Continued)
For the Year Ended December 31,
Statements of Income:
2010
2009
2008
Rents and other income
$
297,658
$
282,181
$
295,824
Expenses
211,283
195,330
197,926
Net income
$
86,375
$
86,851
$
97,898
Variable Interests in Unconsolidated Real Estate Joint Ventures:
The Company has interests in two unconsolidated joint ventures with unrelated third parties which are VIEs (the "VIE JVs"). The Company
holds 18-39% equity interests in the VIE JVs, and has 50% of the voting rights in each of the VIE JVs. Qualification as a VIE was based on the determination that the equity investments at
risk for each of these joint ventures were not sufficient based on a qualitative and quantitative analysis performed by the Company. The Company performed a qualitative analysis for these joint
ventures to determine which party was the primary beneficiary of each VIE. The Company determined that since the powers to direct the activities most significant to the economic performance of these
entities are shared equally by the Company and its joint venture partners, there is no primary beneficiary. Accordingly, these interests are recorded using the equity method.
The
VIE JVs each own a single pre-stabilized self-storage property. These joint ventures are financed through a combination of (1) equity contributions
from the Company
and its joint venture partners, (2) mortgage notes payable and (3) payables to the Company. The payables to the Company consist of amounts owed for expenses paid on behalf of the joint
ventures by the Company as manager and mortgage notes payable to the Company. The Company performs management services for the VIE JVs in exchange for a management fee of approximately 6% of cash
collected by the properties. The Company has not provided financial or other support during the periods presented to the VIE JVs that it was not previously contractually obligated to provide.
The
Company guarantees the mortgage notes payable for the VIE JVs. The Company's maximum exposure to loss for these joint ventures as of December 31, 2010 is the total of the
guaranteed loan balances, the payables due to the Company and the Company's investment balances in the joint ventures. The Company believes that the risk of incurring a loss as a result of having to
perform on the loan guarantees is unlikely and therefore no liability has been recorded related to these guarantees. Also, repossessing and/or selling the self-storage facility and land
that collateralize the loans could provide funds sufficient to reimburse the Company. Additionally, the Company believes the payables to the Company are collectible.
73
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
5. INVESTMENTS IN REAL ESTATE VENTURES (Continued)
The following table compares the liability balance and the maximum exposure to loss related to the VIE JVs as of December 31, 2010:
Liability
Balance
Investment
Balance
Balance of
Guaranteed
Loan
Payables to
Company
Maximum
Exposure
to Loss
Difference
Extra Space of Montrose Avenue LLC
$
$
1,240
$
4,332
$
3,034
$
8,606
$
(8,606
)
Extra Space of Sacramento One LLC
(804
)
5,000
1,495
5,691
(5,691
)
$
$
436
$
9,332
$
4,529
$
14,297
$
(14,297
)
The
Company had no consolidated VIEs during the year ended December 31, 2010.
6. INVESTMENTS AVAILABLE FOR SALE
The Company has accounted for securities classified as "available for sale" at fair value. Adjustments to the fair value of available for sale securities were recorded as a component of
other comprehensive income. A decline in the market value of investment securities below cost, that was deemed to be other than temporary, resulted in a reduction in the carrying amount to fair value.
The impairment was charged to earnings and a new cost basis for the security was established. The Company's investments available for sale have generally consisted of non mortgage-backed auction rate
securities ("ARS"). ARS are generally long-term debt instruments that provide liquidity through a Dutch auction process that resets the applicable interest rate at
pre-determined calendar intervals, generally every 28 days. This mechanism allows existing investors to rollover their holdings and continue to own their respective securities or
liquidate their holdings by selling their securities at par.
At
December 31, 2007, the Company had $24,460 invested in non mortgage- backed ARS. Uncertainties in the credit markets had prevented the Company and other investors from
liquidating the holdings of auction rate securities in auctions for these securities because the amount of securities submitted for sale exceeded the amount of purchase orders. As a result, during the
year ended December 31, 2007, the Company recorded an other-than-temporary impairment charge of $1,233 and a temporary impairment charge of $1,415, which reduced the
carrying value of the Company's investments in ARS to an estimated fair value of $21,812 as of December 31, 2007. On February 29, 2008, the Company liquidated its holdings of ARS for
$21,812 in cash. As a result of this settlement, the Company recognized $1,415 of the amount that was previously classified as a temporary impairment as a loss on sale of investments available for
sale through earnings. The Company has not had investments in ARS or investments available for sale since March 1, 2008.
74
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
7. OTHER ASSETS
The components of other assets are summarized as follows:
December 31, 2010
December 31, 2009
Equipment and fixtures
$
13,552
$
11,836
Less: accumulated depreciation
(10,490
)
(9,046
)
Other intangible assets
3,343
3,303
Deferred financing costs, net
14,519
15,458
Prepaid expenses and deposits
6,869
5,173
Accounts receivable, net
12,520
15,086
Investments in Trusts
3,590
3,590
Deferred tax asset
4,294
5,576
$
48,197
$
50,976
75
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
8. NOTES PAYABLE
The components of notes payable are summarized as follows:
December 31, 2010
December 31, 2009
Fixed Rate
Mortgage and construction loans with banks (including loans subject to interest rate swaps) bearing interest at fixed rates between 4.2% and 7.0%. The
loans are collateralized by mortgages on real estate assets and the assignment of rents. Principal and interest payments are made monthly with all outstanding principal and interest due between June 2011 and August 2019.
$
695,505
$
895,473
Variable Rate
Mortgage and construction loans with banks bearing floating interest rates based on LIBOR and Prime. Interest rates based on LIBOR are between LIBOR plus
1.5% (1.8% and 1.7% at December 31, 2010 and December 31, 2009, respectively) and LIBOR plus 4.0% (4.3% and 4.2% at December 31, 2010 and December 31, 2009, respectively). Interest rates based on Prime are between Prime plus 0.5%
(3.8% at December 31, 2010 and December 31, 2009), and Prime plus 1.5% (4.8% at December 31, 2010 and December 31, 2009). The loans are collateralized by mortgages on real estate assets and the assignment of rents. Principal and
interest payments are made monthly with all outstanding principal and interest due between February 2011 and May 2015.
175,898
204,120
$
871,403
$
1,099,593
76
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
8. NOTES PAYABLE (Continued)
The
following table summarizes the scheduled maturities of notes payable at December 31, 2010:
2011
$
192,888
2012
57,234
2013
42,445
2014
149,428
2015
204,300
Thereafter
225,108
$
871,403
Certain
mortgage and construction loans with variable rate debt are subject to interest rate floors starting at 4.5%. Real estate assets are pledged as collateral for the notes payable.
Also, certain of these notes payable are cross-collateralized with other properties. Of the Company's $871,403 in notes payable outstanding at December 31, 2010, $511,229 were recourse due to
guarantees or other security provisions. The Company is subject to certain restrictive covenants relating to the outstanding notes payable. The Company was in compliance with all financial covenants
at December 31, 2010.
9. DERIVATIVES
GAAP requires the recognition of all derivative instruments as either assets or liabilities on the balance sheet at fair value. The accounting for changes in fair value of a derivative
instrument depends on whether it has been designated and qualifies as part of a hedging relationship and further, on the type of hedging relationship. A company must designate each qualifying hedging
instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge, or a hedge of a net investment in foreign operation.
The
Company is exposed to certain risks relating to its ongoing business operations. The primary risk managed by using derivative instruments is interest rate risk. Interest rate swaps
are entered into to manage interest rate risk associated with Company's fixed and variable-rate borrowings. The Company designates certain interest rate swaps as cash flow hedges of
variable-rate borrowings and the remainder as fair value hedges of fixed-rate borrowings.
The
following table summarizes the terms of the Company's derivative financial instruments:
Hedge Product
Hedge Type
Notional Amount
Strike
Effective Date
Maturity
Reverse Swap Agreement
Fair Value
$
61,770
Libor plus 0.65%
10/31/2004
6/1/2009
Swap Agreement 1
Cash Flow
$
63,000
4.24%
2/1/2009
6/30/2013
Swap Agreement 2
Cash Flow
$
26,000
6.32%
7/1/2009
7/1/2014
Swap Agreement 3
Cash Flow
$
8,462
6.98%
7/27/2009
6/27/2016
Swap Agreement 4
Cash Flow
$
10,000
6.12%
11/2/2009
11/1/2014
Swap Agreement 5
Cash Flow
$
20,700
5.80%
6/11/2010
6/1/2015
Swap Agreement 6
Cash Flow
$
48,876
6.10%
7/1/2010
9/1/2014
77
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
9. DERIVATIVES (Continued)
Monthly
interest payments were recognized as an increase or decrease in interest expense as follows:
For the Year Ended December 31,
Classification of
Income (Expense)
Type
2010
2009
2008
Reverse Swap Agreement
Interest expense
$
$
916
$
223
Swap Agreement 1
Interest expense
(1,231
)
(923
)
Swap Agreement 2
Interest expense
(728
)
(309
)
Swap Agreement 3
Interest expense
(266
)
(126
)
Swap Agreement 4
Interest expense
(261
)
(21
)
Swap Agreement 5
Interest expense
(216
)
Swap Agreement 6
Interest expense
(376
)
$
(3,078
)
$
(463
)
$
223
Information
relating to the losses recognized on the swap agreements is as follows:
Gain (loss)
reclassified from
OCI
Gain (loss)
recognized in OCI
Location of
amounts
reclassified from
OCI into income
Year ended
December 31, 2010
Type
December 31, 2010
Swap Agreement 1
$
(1,473
)
Interest expense
$
(1,231
)
Swap Agreement 2
(961
)
Interest expense
(728
)
Swap Agreement 3
(399
)
Interest expense
(266
)
Swap Agreement 4
(426
)
Interest expense
(261
)
Swap Agreement 5
(562
)
Interest expense
(216
)
Swap Agreement 6
(1,142
)
Interest expense
(376
)
$
(4,963
)
$
(3,078
)
The
Swap Agreements were highly effective for the year ended December 31, 2010. The gain (loss) reclassified from OCI in the preceding table represents the effective portion of
our cash flow hedges reclassified from OCI to interest expense during the year ended December 31, 2010.
78
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
9. DERIVATIVES (Continued)
The
balance sheet classification and carrying amounts of the interest rate swaps are as follows:
Asset (Liability) Derivatives
December 31, 2010
December 31, 2009
Derivatives designated as hedging instruments:
Balance Sheet
Location
Fair
Value
Balance Sheet
Location
Fair
Value
Swap Agreement 1
Other liabilities
$
(1,813
)
Other liabilities
$
(340
)
Swap Agreement 2
Other liabilities
(1,439
)
Other liabilities
(478
)
Swap Agreement 3
Other liabilities
(643
)
Other liabilities
(244
)
Swap Agreement 4
Other liabilities
(475
)
Other liabilities
(49
)
Swap Agreement 5
Other liabilities
(562
)
N/A
Swap Agreement 6
Other liabilities
(1,142
)
N/A
$
(6,074
)
$
(1,111
)
10. NOTES PAYABLE TO TRUSTS
During July 2005, ESS Statutory Trust III (the "Trust III"), a newly formed Delaware statutory trust and a wholly-owned, unconsolidated subsidiary of the Operating Partnership, issued an
aggregate of $40,000 of preferred securities which mature on July 31, 2035. In addition, the Trust III issued 1,238 of Trust common securities to the Operating Partnership for a purchase price
of $1,238. On July 27, 2005, the proceeds from the sale of the preferred and common securities of $41,238 were loaned in the form of a note to the Operating Partnership ("Note 3").
Note 3 had a fixed rate of 6.91% through July 31, 2010, and is now payable at a variable rate equal to the three-month LIBOR plus 2.40% per annum. The interest on Note 3, payable
quarterly, will be used by the Trust III to pay dividends on the trust preferred securities. The trust preferred securities became redeemable by the Trust with no prepayment premium on July 27,
2010.
During
May 2005, ESS Statutory Trust II (the "Trust II"), a newly formed Delaware statutory trust and a wholly-owned, unconsolidated subsidiary of the Operating Partnership of the
Company, issued an
aggregate of $41,000 of preferred securities which mature on June 30, 2035. In addition, the Trust II issued 1,269 of Trust common securities to the Operating Partnership for a purchase price
of $1,269. On May 24, 2005, the proceeds from the sale of the preferred and common securities of $42,269 were loaned in the form of a note to the Operating Partnership ("Note 2").
Note 2 had a fixed rate of 6.67% through June 30, 2010, and is now payable at a variable rate equal to the three-month LIBOR plus 2.40% per annum. The interest on Note 2, payable
quarterly, will be used by the Trust II to pay dividends on the trust preferred securities. The trust preferred securities became redeemable by the Trust with no prepayment premium on June 30,
2010.
During
April 2005, ESS Statutory Trust I (the "Trust"), a newly formed Delaware statutory trust and a wholly-owned, unconsolidated subsidiary of the Operating Partnership of the Company
issued an aggregate of $35,000 of trust preferred securities which mature on June 30, 2035. In addition, the Trust issued 1,083 of Trust common securities to the Operating Partnership for a
purchase price of $1,083. On April 8, 2005, the proceeds from the sale of the trust preferred and common securities of $36,083
79
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
10. NOTES PAYABLE TO TRUSTS (Continued)
were
loaned in the form of a note to the Operating Partnership (the "Note"). The Note has a variable rate equal to the three-month LIBOR plus 2.25% per annum. Effective June 30, 2010, the Trust
entered into an interest rate swap that fixes the interest rate to be paid at 5.62% per annum and matures on June 30, 2015. The interest on the Note, payable quarterly, will be used by the
Trust to pay dividends on the trust preferred securities. The trust preferred securities became redeemable by the Trust with no prepayment premium on June 30, 2010.
Trust,
Trust II and Trust III are VIEs because the holders of the equity investment at risk (the trust preferred securities) do not have the power to direct the activities of the
entities that most significantly affect the entities' economic performance because of their lack of voting or similar rights. Because the Operating Partnership's investment in the trusts' common
securities was financed directly by the trusts as a result of its loan of the proceeds to the Operating Partnership, that investment is not considered to be an equity investment at risk. The Operating
Partnership's investment in the trusts is not a variable interest because equity interests are variable interests only to the extent that the investment is considered to be at risk, and therefore the
Operating Partnership cannot be the primary beneficiary of the trusts. Since the Company is not the primary beneficiary of the trusts, they have not been consolidated. A debt obligation has been
recorded in the form of notes as discussed above for the proceeds, which are owed to the Trust, Trust II, and Trust III by the Company. The Company has also recorded its investment in the trusts'
common securities as other assets.
The
Company has not provided financing or other support during the periods presented to the trusts that it was not previously contractually obligated to provide. The Company's maximum
exposure to loss as a result of its involvement with the trusts is equal to the total amount of the notes discussed above less the amounts of the Company's investments in the trusts' common
securities. The net amount is the notes payable that the trusts owe to third parties for their investments in the trusts' preferred securities.
Following
is a tabular comparison of the carrying amounts of the liabilities the Company has recorded as a result of its involvements with the trusts to the maximum exposure to loss the
Company is subject to related to the trusts as of December 31, 2010:
Notes payable
to Trusts as of
December 31, 2010
Investment
Balance
Maximum
exposure to loss
Difference
Trust
$
36,083
$
1,083
$
35,000
$
Trust II
42,269
1,269
41,000
Trust III
41,238
1,238
40,000
$
119,590
$
3,590
$
116,000
$
11. EXCHANGEABLE SENIOR NOTES
On March 27, 2007, the Company's Operating Partnership issued $250,000 of its 3.625% Exchangeable Senior Notes due April 1, 2027 (the "Notes"). Costs incurred to issue the
Notes were approximately $5,700. The remaining portion of these costs are being amortized as an adjustment to
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
11. EXCHANGEABLE SENIOR NOTES (Continued)
interest
expense over five years, which represents the estimated term of the Notes, and are included in other assets, net in the consolidated balance sheet as of December 31, 2010 and 2009. The
Notes are general unsecured senior obligations of the Operating Partnership and are fully guaranteed by the Company. Interest is payable on April 1 and October 1 of each year until the
maturity date of April 1, 2027. The Notes bear interest at 3.625% per annum and contain an exchange settlement feature, which provides that the Notes may, under certain circumstances, be
exchangeable for cash (up to the principal amount of the Notes) and, with respect to any excess exchange value, for cash, shares of the Company's common stock or a combination of cash and shares of
the Company's common stock at an initial exchange rate of approximately 42.6491 shares per $1,000 principal amount of Notes at the option of the Operating Partnership.
The
Operating Partnership may redeem the Notes at any time to preserve the Company's status as a REIT. In addition, on or after April 5, 2012, the Operating Partnership may redeem
the Notes for cash, in whole or in part, at 100% of the principal amount plus accrued and unpaid interest, upon at least 30 days but not more than 60 days prior written notice to holders
of the Notes.
The
holders of the Notes have the right to require the Operating Partnership to repurchase the Notes for cash, in whole or in part, on each of April 1, 2012, April 1, 2017
and April 1, 2022, and upon the occurrence of a designated event, in each case for a repurchase price equal to 100% of the principal amount of the Notes plus accrued and unpaid interest.
Certain events are considered "Events of Default," as defined in the indenture governing the Notes, which may result in the accelerated maturity of the Notes.
GAAP
requires entities with convertible debt instruments that may be settled entirely or partially in cash upon conversion should separately account for the liability and equity
components of the instrument in a manner that reflects the issuer's economic interest cost. The Company therefore accounts for the liability and equity components of the Notes separately. The equity
component is included in paid-in-capital in stockholders' equity in the consolidated balance sheet, and the value of the equity component is treated as original issue discount
for purposes of accounting for the debt component. The discount is being amortized over the period of the debt as additional interest expense.
Information
about the carrying amounts of the equity component, the principal amount of the liability component, its unamortized discount, and its net carrying amount are as follows:
December 31, 2010
December 31, 2009
Carrying amount of equity component
$
19,545
$
19,545
Principal amount of liability component
$
87,663
$
87,663
Unamortized discount
(2,205
)
(3,869
)
Net carrying amount of liability component
$
85,458
$
83,794
The
remaining discount will be amortized over the remaining period of the debt through its first redemption date, April 1, 2012. The effective interest rate on the liability
component is 5.75%.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
11. EXCHANGEABLE SENIOR NOTES (Continued)
The
amount of interest cost recognized relating to the contractual interest rate and the amortization of the discount on the liability component is as follows:
For the Year Ended December 31,
2010
2009
2008
Contractual interest
$
3,178
$
4,524
$
8,729
Amortization of discount
1,664
2,239
4,060
Total interest expense recognized
$
4,842
$
6,763
$
12,789
Repurchases of Notes
The Company has repurchased a portion of its Notes. The Company allocated the value of the consideration paid to repurchase the
Notes (1) to the extinguishment of the liability component and (2) to the reacquisition of the equity component. The amount allocated to the extinguishment of the liability component is
equal to the fair value of that component immediately prior to extinguishment. The difference between the consideration attributed to the extinguishment of the liability component and the sum of
(a) the net carrying amount of the repurchased liability component, and (b) the related unamortized debt issuance costs, is recognized as a gain on debt extinguishment. The remaining
settlement consideration is allocated to the reacquisition of the equity component of the repurchased Notes and recognized as a reduction of stockholders' equity.
Information
about the repurchases and the related gains are as follows:
October 2009
May 2009
March 2009
October 2008
Principal amount repurchased
$
7,500
$
43,000
$
71,500
$
40,337
Amount allocated to:
Extinguishment of liability component
$
6,700
$
35,000
$
43,800
$
30,696
Reacquisition of equity component
181
1,340
713
1,025
Total cash paid for repurchase
$
6,881
$
36,340
$
44,513
$
31,721
Exchangeable senior notes repurchased
$
7,500
$
43,000
$
71,500
$
40,337
Extinguishment of liability component
(6,700
)
(35,000
)
(43,800
)
(30,696
)
Discount on exchangeable senior notes
(366
)
(2,349
)
(4,208
)
(2,683
)
Related debt issuance costs
(82
)
(558
)
(1,009
)
(647
)
Gain on repurchase
$
352
$
5,093
$
22,483
$
6,311
12. LINES OF CREDIT
On December 8, 2010, the Company entered into a $40,000 revolving secured line of credit (the "Fourth Credit Line") that is collateralized by mortgages on certain real estate
assets and matures December 8, 2013 with two one-year extension options available. The Company intends to use the
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
12. LINES OF CREDIT (Continued)
proceeds
from the Fourth Credit Line to repay debt and for general corporate purposes. The Fourth Credit Line has an interest rate of LIBOR plus 320 basis points with an interest rate floor of 4.5%
(4.5% as of December 31, 2010). At December 31, 2010, $15,000 was drawn on the Fourth Credit Line. The Fourth Credit Line is guaranteed by the Company.
On
June 4, 2010, the Company entered into a $45,000 revolving secured line of credit (the "Third Credit Line") that is collateralized by mortgages on certain lease-up
real estate assets and matures May 31, 2013 with a two-year extension option available. The Company intends to use the proceeds from the Third Credit Line to repay debt and for
general corporate purposes. The Third Credit Line has an interest rate of LIBOR plus 350 basis points (3.8% as of December 31, 2010). As of December 31, 2010, the Third Credit Line had
$34,700 of capacity based on the lease-up of the assets collateralizing the Third Credit Line. At December 31, 2010, $25,467 was drawn on the Third Credit Line. The Third Credit
Line is guaranteed by the Company.
On
February 13, 2009, the Company entered into a $50,000 revolving secured line of credit (the "Second Credit Line") that is collateralized by mortgages on certain real estate
assets and matures February 13, 2013. The Company intends to use the proceeds of the Second Credit Line to repay debt and for general corporate purposes. The Second Credit Line has an interest
rate of LIBOR plus 350 basis points (3.8% as of December 31, 2010 and 3.5% as of December 31, 2009). At December 31, 2010 and 2009, there was $30,000 and $0, respectively, drawn
on the Second Credit Line. The Company is subject to certain covenants relating to the Second Credit Line. The Second Line of Credit is guaranteed by the Company.
On
October 19, 2007, the Company entered into a $100,000 secured revolving line of credit (the "Credit Line" and together with the Second Credit Line, Third Credit Line and Fourth
Credit Line, the "Credit Lines") that matures October 31, 2011 with a one-year extension available. $100,000 was drawn on the Credit Line at December 31, 2010 and 2009. The
Company intends to use the proceeds of the Credit Line to repay debt and for general corporate purposes. The Credit Line has an interest rate of between 100 and 205 basis points over LIBOR, depending
on certain financial ratios of the Company (1.3% as of December 31, 2010 and 1.2% as of December 31, 2009). The Credit Line is collateralized by mortgages on certain real estate assets.
As of December 31, 2010, the Credit Line had $100,000 of capacity based on the assets collateralizing the Credit Line.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
13. OTHER LIABILITIES
The components of other liabilities are summarized as follows:
December 31, 2010
December 31, 2009
Deferred rental income
$
12,194
$
12,045
Lease obligation liability
7,016
6,260
Fair value of interest rate swaps
6,074
1,111
Income taxes payable (receivable)
(1,353
)
2,145
Other miscellaneous liabilities
4,338
3,413
$
28,269
$
24,974
Included
in the lease obligation liability is approximately $2,000 related to minimum rentals to be received in the future under non cancelable subleases. The lease obligation liability
increased by $2,000 during the year ended December 31, 2010 as a result of the bankruptcy of a tenant subleasing office space from the Company in Memphis, TN. The Memphis, TN office lease is a
liability assumed in the Storage USA acquisition in July 2005. The increase in this liability was recognized through a $2,000 charge which is included as loss on sublease in the consolidated statement
of operations.
14. RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS
The Company provides management services to certain joint ventures, franchise, third parties and other related party properties. Management agreements provide generally for management
fees of 6% of cash collected from total revenues for the management of operations at the self-storage facilities.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
14. RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS (Continued)
Management
fee revenues for related party and affiliated real estate joint ventures are summarized as follows:
For the Year Ended December 31,
Entity
Type
2010
2009
2008
ESW
Affiliated real estate joint ventures
$
403
$
402
$
432
ESW II
Affiliated real estate joint ventures
318
312
310
ESNPS
Affiliated real estate joint ventures
458
452
466
ESSM
Affiliated real estate joint ventures
44
11
HSRE
Affiliated real estate joint ventures
961
PRISA
Affiliated real estate joint ventures
4,917
4,793
5,076
PRISA II
Affiliated real estate joint ventures
3,964
3,989
4,147
PRISA III
Affiliated real estate joint ventures
1,722
1,686
1,774
VRS
Affiliated real estate joint ventures
1,136
1,128
1,175
WCOT
Affiliated real estate joint ventures
1,468
1,454
1,536
SP I
Affiliated real estate joint ventures
1,256
1,243
1,296
SPB II
Affiliated real estate joint ventures
943
943
1,003
Everest
Affiliated real estate joint ventures
491
359
351
Other
Franchisees, third parties and other
5,041
4,189
3,379
$
23,122
$
20,961
$
20,945
Receivables
from related parties and affiliated real estate joint ventures balances are summarized as follows:
December 31, 2010
December 31, 2009
Mortgage notes receivable
$
6,943
$
Other receivables from properties
3,118
5,114
$
10,061
$
5,114
Other
receivables from properties consist of amounts due for management fees and expenses paid on behalf of the properties that the Company manages. The Company believes that all of
these related party and affiliated real estate joint venture receivables are fully collectible. The Company does not have any payables to related parties at December 31, 2010 and 2009.
In
January 2009, the Company purchased a lender's interest in a construction loan from a joint venture that owns a single property located in Sacramento, CA. The construction loan was to
ESS of Sacramento One, LLC, a joint venture in which the Company owns a 50% interest, and was guaranteed by the Company. In July 2009, the Company purchased a lender's interest in a mortgage
note from a joint venture that owns a single property located in Chicago, IL. The note was to Extra Space of Montrose, a joint venture in which the Company holds a 39% interest, and was also
guaranteed by the Company. Both ESS of Sacramento One, LLC and Extra Space of Montrose were consolidated as of
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
14. RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS (Continued)
December 31,
2009, as each joint venture was considered to be a VIE of which the Company was the primary beneficiary. The construction loan and mortgage note receivable were eliminated by the
Company in consolidation as of December 31, 2009. On January 1, 2010, the Company adopted changes to the accounting guidance in ASC 810, "Consolidation." As a result of the adoption of this
new guidance, the Company determined that these joint ventures should no longer be consolidated as
the power to direct the activities that most significantly impact these entities' economic performance is shared equally by the Company and their joint venture partners, and therefore there is no
primary beneficiary of either joint venture. The Company therefore deconsolidated these joint ventures as of January 1, 2010, and removed the associated assets and liabilities from its books.
The $3,039 note receivable from Extra Space of Montrose and the $3,904 loan receivable from ESS of Sacramento One, LLC are no longer eliminated in consolidation as the Company now accounts for
its interest in these joint ventures using the equity method of accounting.
Centershift,
a related party service provider, is partially owned by a certain director and certain members of management of the Company. Effective January 1, 2004, the Company
entered into a license agreement with Centershift which secures a perpetual right for continued use of STORE (the site management software used at all sites operated by the Company) in all aspects of
the Company's property acquisition, development, redevelopment and operational activities. During the years ended December 31, 2010, 2009 and 2008, the Company paid Centershift $778, $1,081,
and $989, respectively, relating to the purchase of software and to license agreements.
The
Company has entered into an aircraft dry lease and service and management agreement with SpenAero, L.C. ("SpenAero") an affiliate of Spencer F. Kirk, the Company's Chairman and Chief
Executive Officer. Under the terms of the agreement, the Company pays a defined hourly rate for use of the aircraft. During the years ended December 31, 2010, 2009 and 2008, the Company paid
SpenAero $668, $631, and $440, respectively. The services that the Company receives from SpenAero are similar in nature and price to those that are provided to other outside third parties.
15. STOCKHOLDERS' EQUITY
The Company's charter provides that it can issue up to 300,000,000 shares of common stock, $0.01 par value per share and 50,000,000 shares of preferred stock, $0.01 par value per share.
As of December 31, 2010, 87,587,322 shares of common stock were issued and outstanding, and no shares of preferred stock were issued or outstanding.
On
October 3, 2008, the Company issued 3,000,000 shares of its common stock at an offering price of $14.71 per share in a registered direct placement to certain clients of RREEF
America L.L.C. The Company received aggregate gross proceeds of $44,130. Transaction costs were $247 for net proceeds of $43,883.
On
May 19, 2008, the Company closed a public common stock offering of 14,950,000 shares at an offering price of $16.35 per share, for aggregate gross proceeds of $244,433.
Transaction costs were $11,715 for net proceeds of $232,718.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
15. STOCKHOLDERS' EQUITY (Continued)
All
holders of the Company's common stock are entitled to receive dividends and to one vote on all matters submitted to a vote of stockholders. The transfer agent and registrar for the
Company's common stock is American Stock Transfer & Trust Company.
Unlike
the Company's shares of common stock, CCSs did not carry any voting rights. Upon the achievement of certain performance thresholds relating to 14 properties, all or a portion of
the CCSs were automatically converted into shares of the Company's common stock. Each CCS was convertible on a one-for-one basis into shares of common stock, subject to
customary anti-dilution adjustments. Beginning with the quarter ended March 31, 2006, and ending with the quarter ending December 31, 2008, the Company calculated the net
operating income from the 14 wholly-owned properties over the 12-month period ending in such quarter. Within 35 days following the end of each quarter referred to above, some or all
of the CCSs were converted so that the total percentage (not to exceed 100%) of CCSs issued in connection with the formation transactions that were converted to common stock was equal to the
percentage determined by dividing the net operating income for such period in excess of $5,100 by $4,600. The 1,087,790 CCSs remaining unconverted through the calculation made in respect of the
12-month period ending December 31, 2008 were cancelled as of February 4, 2009 and restored to the status of authorized but unissued shares of common stock.
16. NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS
On June 15, 2007, the Operating Partnership entered into a Contribution Agreement with various limited partnerships affiliated with AAAAA Rent-A-Space to
acquire ten self-storage facilities (the "Properties") in exchange for the issuance of newly designated Preferred OP units of the Operating Partnership. The self-storage
facilities are located in California and Hawaii.
On
June 25 and 26, 2007, nine of the ten properties were contributed to the Operating Partnership in exchange for consideration totaling $137,800. Preferred OP units totaling
909,075, with a value of $121,700, were issued along with the assumption of approximately $14,200 of third-party debt, of which $11,400 was paid off at close. The final property was contributed on
August 1, 2007 in exchange for consideration totaling $14,700. 80,905 Preferred OP units with a value of $9,800 were issued along with $4,900 of cash.
On
June 25, 2007, the Company loaned the holder of the Preferred OP units $100,000. The note receivable bears interest at 4.85%, and is due September 1, 2017. The loan is
secured by the borrower's Preferred OP units. The holder of the Preferred OP units can convert up to 114,500 Preferred OP units prior to the maturity date of the loan. If any redemption in excess of
114,500 Preferred OP units occurs prior to the maturity date, the holder of the Preferred OP units is required to repay the loan as of the date of that Preferred OP unit redemption. Preferred OP units
are shown on the balance sheet net of the $100,000 loan because the borrower under the loan receivable is also the holder of the Preferred OP units.
The
Operating Partnership entered into a Second Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement") which provides for the designation and issuance of the
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
16. NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS (Continued)
Preferred
OP units. The Preferred OP units will have priority over all other partnership interests of the Operating Partnership with respect to distributions and liquidation.
Under
the Partnership Agreement, Preferred OP units in the amount of $115,000 bear a fixed priority return of 5% and have a fixed liquidation value of $115,000. The remaining balance
will participate in distributions with and have a liquidation value equal to that of the common Operating Partnership units. The Preferred OP units became redeemable at the option of the holder on
September 1, 2008, which redemption obligation may be satisfied, at the Company's option, in cash or shares of common stock.
On
September 18, 2008, the Operating Partnership entered into a First Amendment to the Second Amended and Restated Agreement of Limited Partnership to clarify
tax-related provisions relating to the Preferred OP units.
GAAP
requires a company to present ownership interests in subsidiaries held by parties other than the company in the consolidated financial statements within the equity section but
separate from the company's equity. It also requires the amount of consolidated net income attributable to the parent and to the noncontrolling interest to be clearly identified and presented on the
face of the consolidated statement of operations and requires changes in ownership interest to be accounted for similarly as equity transactions. If noncontrolling interests are determined to be
redeemable, they are to be carried at their redemption value as of the balance sheet date and reported as temporary equity.
The
Company has evaluated the terms of the Preferred OP units and classifies the noncontrolling interest represented by the Preferred OP units as stockholders' equity in the accompanying
consolidated balance sheets. The Company will periodically evaluate individual noncontrolling interests for the ability to continue to recognize the noncontrolling amount as permanent equity in the
consolidated balance sheets. Any noncontrolling interests that fail to quality as permanent equity will be reclassified as temporary equity and adjusted to the greater of (1) the carrying
amount, or (2) its redemption value as of the end of the period in which the determination is made.
17. NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP
The Company's interest in its properties is held through the Operating Partnership. ESS Holding Business Trust I, a wholly-owned subsidiary of the Company, is the sole general partner of
the Operating Partnership. ESS Business Trust II, also a wholly-owned subsidiary of the Company, is a limited partner of the Operating Partnership. Between its general partner and limited partner
interests, the Company held a 95.3% majority ownership interest therein as of December 31, 2010. The remaining ownership interests in the Operating Partnership (including Preferred OP units) of
4.7% are held by certain former owners of assets acquired by the Operating Partnership. As of December 31, 2010, the Operating Partnership had 3,356,963 common OP units outstanding.
The
noncontrolling interest in the Operating Partnership represents OP units that are not owned by the Company. In conjunction with the formation of the Company and as a result of
subsequent acquisitions, certain persons and entities contributing interests in properties to the Operating
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
17. NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP (Continued)
Partnership
received limited partnership units in the form of either OP units or Contingent Conversion units. Limited partners who received OP units in the formation transactions or in exchange for
contributions for interests in properties have the right to require the Operating Partnership to redeem part or all of their OP units for cash based upon the fair market value of an equivalent number
of shares of the Company's common stock (10 day average) at the time of the redemption. Alternatively, the Company may, at its option, elect to acquire those OP units in exchange for shares of
its common stock on a one-for-one basis, subject to anti-dilution adjustments provided in the Operating Partnership agreement. The ten day average closing stock
price at December 31, 2010, was $17.41 and there were 3,356,963 OP units outstanding. Assuming that all of the unit holders exercised their right to redeem all of their OP units on
December 31, 2010 and the Company elected to pay the non-controlling members cash, the Company would have paid $58,445 in cash consideration to redeem the units.
During
July 2010, 90,135 OP units were redeemed for $1,314 in cash. During August 2010, 180,270 OP units were redeemed for $2,802 in cash.
In
December 2009, a member of management redeemed 72,643 OP units in exchange for the Company's common stock. This member of management no longer held any OP units after this redemption.
In
November 2009, a director redeemed 217,930 OP units in exchange for the Company's common stock. The director no longer held any OP units after this redemption.
During
April 2009, 114,928 OP units were redeemed in exchange for the Company's common stock.
During
July 2009, 232,099 OP units were redeemed in exchange for $1,908 in cash.
During
October 2008, the Company issued 270,406 OP units valued at $3,621 in conjunction with the acquisition of four properties in Indianapolis, Indiana.
In
October 2008, 129,499 OP units were redeemed in exchange for the Company's common stock.
Unlike
the OP units, CCUs did not carry any voting rights. Upon the achievement of certain performance thresholds relating to 14 properties, all or a portion of the CCUs automatically
converted into OP units. Each CCU was convertible on a one-for-one basis into OP units, subject to customary anti-dilution adjustments. Beginning with the quarter
ended March 31, 2006, and ending with the quarter ending December 31, 2008, the Company calculated the net operating income from the 14 wholly-owned properties over the
12-month period ending in such quarter. Within 35 days following the end of each quarter referred to above, some or all of the CCUs were converted so that the total percentage (not
to exceed 100%) of CCUs issued in connection with the formation transactions that had been converted to OP units was equal to the percentage determined by dividing the net operating income for such
period in excess of $5,100 by $4,600. The 55,957 CCUs remaining unconverted through the calculation made in respect of the 12-month period ending December 31, 2008 were cancelled as
of February 4, 2009.
GAAP
requires a company to present ownership interests in subsidiaries held by parties other than the company in the consolidated financial statements within the equity section but
separate from the
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
17. NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP (Continued)
company's
equity. It also requires the amount of consolidated net income attributable to the parent and to the noncontrolling interest to be clearly identified and presented on the face of the
consolidated
statement of operations and requires changes in ownership interest to be accounted for similarly as equity transactions. If noncontrolling interests are determined to be redeemable, they are to be
carried at their redemption value as of the balance sheet date and reported as temporary equity.
The
Company has evaluated the terms of the common OP units and classifies the noncontrolling interest represented by the common OP units as stockholders' equity in the accompanying
consolidated balance sheets. The Company will periodically evaluate individual noncontrolling interests for the ability to continue to recognize the noncontrolling amount as permanent equity in the
consolidated balance sheets. Any noncontrolling interests that fail to quality as permanent equity will be reclassified as temporary equity and adjusted to the greater of (1) the carrying
amount, or (2) its redemption value as of the end of the period in which the determination is made.
18. OTHER NONCONTROLLING INTERESTS
Other noncontrolling interests represent the ownership interests of various third parties in three consolidated self-storage properties as of December 31, 2010. Two of
these consolidated properties were under development, and one was in the lease-up stage as of December 31, 2010. The ownership interests of the third party owners range from 5.0% to
27.6%. Other noncontrolling interests are included in the stockholders' equity section of the Company's consolidated balance sheet. The income or losses attributable to these third party owners based
on their ownership percentages are reflected in net income allocated to the Operating Partnership and other noncontrolling interests in the consolidated statement of operations.
In
October 2010, the Company paid $500 to obtain its joint venture partners' equity interests in three joint ventures: Extra Space of Franklin Blvd. LLC, Extra Space of Washington
Avenue LLC and Extra Space of Elk Grove LLC. Each of these joint ventures owned a single pre-stabilized property. These properties are now wholly-owned and consolidated.
On
June 25, 2010, the Company acquired all of its minority partners' membership interests in two consolidated self-storage properties located in New Jersey for a total
of $50 in cash.
Both of these properties are in the lease-up stage and are now wholly-owned by the Company.
In
April 2009, the Company requested a capital contribution from its partners in Westport Ewing LLC, a consolidated joint venture, in order to reduce the joint venture's loan with
its current lender. The partners were unable to provide their pro rata share of the funds required to satisfy the lender and deeded their interest in Westport Ewing LLC to the Company on
June 1, 2009. As a result, the property held by this joint venture became a wholly-owned property of the Company. The Company recorded a loss of $800 related to the reassessment of the fair
value of the property.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
19. STOCK-BASED COMPENSATION
The Company has the following plans under which shares were available for grant at December 31, 2010:
The 2004 Long-Term Incentive Compensation Plan as amended and restated, effective March 25, 2008, and
The 2004 Non-Employee Directors' Share Plan (together, the "Plans").
Option
grants are issued with an exercise price equal to the closing price of stock on the date of grant. Unless otherwise determined by the Compensation, Nominating and Governance
Committee at the time of grant, options shall vest ratably over a four-year period beginning on the date of grant. Each option will be exercisable once it has vested. Options are
exercisable at such times and subject to such terms as determined by the Compensation, Nominating and Governance Committee, but under no circumstances may be exercised if such exercise would cause a
violation of the ownership limit in the Company's charter. Options expire after 10 years from the date of grant.
Also
as defined under the terms of the Plans, restricted stock grants may be awarded. The stock grants are subject to a performance or vesting period over which the restrictions are
released and the stock certificates are given to the grantee. During the performance or vesting period, the grantee is not permitted to sell, transfer, pledge, encumber or assign shares of restricted
stock granted under the Plans, however, the grantee has the ability to vote the shares and receive nonforfeitable dividends paid on shares. Unless otherwise determined by the Compensation, Nominating
and Governance Committee at the time of grant, the forfeiture and transfer restrictions on the shares lapse over a four-year period beginning on the date of grant.
As
of December 31, 2010, 3,046,273 shares were available for issuance under the Plans.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
19. STOCK-BASED COMPENSATION (Continued)
Option Grants
A summary of stock option activity is as follows:
Options
Number of Shares
Weighted Average
Exercise Price
Weighted Average
Remaining
Contractual Life
(Years)
Aggregate Intrinsic
Value as of
December 31, 2010
Outstanding at December 31, 2007
2,651,718
$
14.54
Granted
380,000
15.57
Exercised
(146,795
)
13.09
Forfeited
(43,000
)
14.26
Outstanding at December 31, 2008
2,841,923
$
14.76
Granted
723,000
6.22
Forfeited
(107,875
)
13.36
Outstanding at December 31, 2009
3,457,048
$
13.02
Granted
308,680
11.75
Exercised
(484,261
)
11.69
Forfeited
(175,562
)
12.27
Outstanding at December 31, 2010
3,105,905
$
13.13
5.88
$
13,880
Vested and Expected to Vest
2,960,347
$
13.30
5.75
$
12,749
Ending Exercisable
2,072,075
$
14.48
4.77
$
6,500
The
aggregate intrinsic value in the table above represents the total value (the difference between the Company's closing stock price on the last trading day of 2010 and the exercise
price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on
December 31, 2010. The amount of aggregate intrinsic value will change based on the fair market value of the Company's stock.
The
weighted average fair value of stock options granted in 2010, 2009 and 2008 was $3.27, $1.31, and $1.83, respectively. The fair value of each option grant is estimated on the date of
grant using the Black-Scholes option-pricing model with the following weighted average assumptions:
For the Year Ended December 31,
2010
2009
2008
Expected volatility
47
%
42
%
26
%
Dividend yield
5.3
%
6.6
%
6.5
%
Risk-free interest rate
2.3
%
1.7
%
2.7
%
Average expected term (years)
5
5
5
The
Black-Scholes model incorporates assumptions to value stock-based awards. The risk-free rate is based on the U.S. Treasury yield curve in effect at the time of the grant
for the estimated life of the option. The Company uses actual historical data to calculate the expected price volatility, dividend yield
92
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
19. STOCK-BASED COMPENSATION (Continued)
and
average expected term. The forfeiture rate, which is estimated at a weighted-average of 15.7% of unvested options outstanding as of December 31, 2010, is adjusted periodically based on the
extent to which actual forfeitures differ, or are expected to differ, from the previous estimates.
A
summary of stock options outstanding and exercisable as of December 31, 2010 is as follows:
Options Outstanding
Options Exercisable
Exercise Price
Shares
Weighted Average
Remaining
Contractual Life
Weighted Average
Exercise Price
Shares
Weighted Average
Exercise Price
$6.22$11.59
742,680
8.42
$
7.78
50,000
$
6.22
$11.60$12.50
812,699
4.14
12.47
735,299
12.50
$12.51$15.53
839,775
5.48
14.83
708,025
14.86
$15.54$19.00
510,751
5.50
16.49
428,751
16.33
$19.01$19.91
200,000
6.14
19.91
150,000
19.91
$6.22$19.91
3,105,905
5.88
$
13.13
2,072,075
$
14.48
The
Company recorded compensation expense relating to outstanding options of $801, $831, and $970 in general and administrative expense for the years ended December 31, 2010, 2009
and 2008, respectively. Total cash received for the years ended December 31, 2010, 2009 and 2008 related to option exercises was $5,661, $0, and $2,063, respectively. At December 31,
2010, there was $1,082 of total unrecognized compensation expense related to non-vested stock options under the Company's 2004 Long-Term Incentive Compensation Plan. That cost
is expected to be recognized over a weighted-average period of 2.1 years. The valuation model applied in this calculation utilizes subjective assumptions that could potentially change over
time, including the expected forfeiture rate. Therefore, the amount of unrecognized compensation expense at December 31, 2010, noted above does not necessarily represent the expense that will
ultimately be realized by the Company in the statement of operations.
Common Stock Granted to Employees and Directors
For the years ended December 31, 2010, 2009 and 2008, the Company granted 445,230, 547,265, and 361,624 shares, respectively of
common stock to certain employees and directors, without monetary consideration under the Plans. The Company recorded $3,779, $2,978 and $2,530 of expense in general and administrative expense in its
statement of operations related to outstanding shares of common stock granted to employees and directors for the years ended December 31, 2010, 2009 and 2008, respectively. The forfeiture rate,
which is estimated at a weighted-average of 7.0% of unvested awards outstanding as of December 31, 2010, is adjusted periodically based on the extent to which actual forfeitures differ, or are
expected to differ, from the previous estimates. At December 31, 2010, there was $6,000 of total unrecognized compensation expense related to non-vested restricted stock awards
under the Company's 2004 Long-Term Incentive Compensation Plan. That cost is expected to be recognized over a weighted-average period of 2.4 years.
93
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
19. STOCK-BASED COMPENSATION (Continued)
The
fair value of common stock awards is determined based on the closing trading price of the Company's common stock on the grant date.
A
summary of the Company's employee and director share grant activity is as follows:
Restricted Stock Grants
Shares
Weighted-Average
Grant-Date Fair Value
Unreleased at December 31, 2007
211,972
$
17.23
Granted
361,624
15.69
Released
(122,206
)
16.45
Cancelled
(10,186
)
17.21
Unreleased at December 31, 2008
441,204
$
16.21
Granted
547,265
6.19
Released
(198,284
)
13.51
Cancelled
(21,256
)
9.82
Unreleased at December 31, 2009
768,929
$
9.95
Granted
445,230
12.22
Released
(228,885
)
11.08
Cancelled
(64,010
)
10.11
Unreleased at December 31, 2010
921,264
$
10.75
20. EMPLOYEE BENEFIT PLAN
The Company has a retirement savings plan under Section 401(k) of the Internal Revenue Code under which eligible employees can contribute up to 15% of their annual salary, subject
to a statutory prescribed annual limit. For the years ended December 31, 2010, 2009 and 2008, the Company made matching contributions to the plan of $805, $755, and $779, respectively, based on
100% of the first 3% and up to 50% of the next 2% of an employee's compensation.
21. INCOME TAXES
As a REIT, the Company is generally not subject to federal income tax with respect to that portion of its income which is distributed annually to its stockholders. However, the Company
has elected to treat one of its corporate subsidiaries, Extra Space Management, Inc., as a taxable REIT subsidiary. In general, the Company's TRS may perform additional services for tenants and
generally may engage in any real estate or non-real estate related business (except for the operation or management of health care facilities or lodging facilities or the provision to any
person, under a franchise, license or otherwise, of rights to any brand name under which lodging facility or health care facility is operated). A TRS is subject to corporate federal income tax. The
Company accounts for income taxes in accordance with the provisions of ASC 740, "Income Taxes." Deferred tax assets and liabilities are determined based
on differences between financial reporting and tax bases of assets and liabilities.
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
21. INCOME TAXES (Continued)
The
income tax provision for the years ended December 31, 2010 and 2009 is comprised of the following components:
For the Year Ended December 31, 2010
Federal
State
Total
Current expense
$
3,588
$
124
$
3,712
Investment tax credit
(832
)
(832
)
Change in deferred benefit
1,282
1,282
Total tax expense
$
4,038
$
124
$
4,162
For the Year Ended December 31, 2009
Federal
State
Total
Current expense
$
4,177
$
1,171
$
5,348
Change in deferred benefit
(1,048
)
(1,048
)
Total tax expense
$
3,129
$
1,171
$
4,300
A
reconciliation of the statutory income tax provisions to the effective income tax provisions for the years ended December 31, 2010 and 2009 is as follows:
December 31, 2010
December 31, 2009
Expected tax at statutory rate
$
13,204
35.0
%
$
15,188
35.0
%
Non-taxable REIT income
(8,303
)
(22.0
)%
(12,580
)
(29.0
)%
State and local tax expensenet of federal benefit
124
0.3
%
1,167
2.7
%
Change in valuation allowance
804
2.1
%
541
1.2
%
Solar tax credits
(832
)
(2.2
)%
0.0
%
Miscellaneous
(835
)
(2.3
)%
(16
)
0.0
%
Total provision
$
4,162
10.9
%
$
4,300
9.9
%
95
Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
21. INCOME TAXES (Continued)
The
major sources of temporary differences stated at their deferred tax effects are as follows:
December 31,
2010
December 31,
2009
Captive insurance subsidiary
$
236
$
182
Fixed assets
1,589
3,122
Various liabilities
1,229
1,603
Stock compensation
2,140
1,865
State net operating losses
1,743
939
6,937
7,711
Valuation allowance
(2,643
)
(2,135
)
Net deferred tax asset
$
4,294
$
5,576
The
state income tax net operating losses expire between 2012 and 2027. The deferred tax benefits associated with the state income tax net operating losses have been fully reserved
through the valuation allowance.
22. SEGMENT INFORMATION
The Company operates in three distinct segments; (1) property management, acquisition and development; (2) rental operations; and (3) tenant reinsurance. Financial
information for the Company's business segments are set forth below:
December 31, 2010
December 31, 2009
Balance Sheet
Investment in real estate ventures
Rental operations
$
140,560
$
130,449
Total assets
Property management, acquisition and development
$
400,910
$
466,399
Rental operations
1,831,150
1,922,643
Tenant reinsurance
16,408
18,514
$
2,248,468
$
2,407,556
96
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Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
22. SEGMENT INFORMATION (Continued)
For the Year Ended December 31,
2010
2009
2008
Statement of Operations
Total revenues
Property management, acquisition and development
$
23,122
$
20,961
$
20,945
Rental operations
232,447
238,256
235,695
Tenant reinsurance
25,928
20,929
16,091
$
281,497
$
280,146
$
272,731
Operating expenses, including depreciation and amortization
Property management, acquisition and development
$
49,762
$
64,246
$
42,577
Rental operations
134,415
138,552
132,626
Tenant reinsurance
6,505
5,461
5,066
$
190,682
$
208,259
$
180,269
Income (loss) from operations
Property management, acquisition and development
$
(26,640
)
$
(43,285
)
$
(21,632
)
Rental operations
98,032
99,704
103,069
Tenant reinsurance
19,423
15,468
11,025
$
90,815
$
71,887
$
92,462
Interest expense
Property management, acquisition and development
$
(3,126
)
$
(3,463
)
$
(5,639
)
Rental operations
(62,654
)
(66,355
)
(63,032
)
$
(65,780
)
$
(69,818
)
$
(68,671
)
Interest income
Property management, acquisition and development
$
889
$
1,563
$
3,227
Tenant reinsurance
9
19
172
$
898
$
1,582
$
3,399
Interest income on note receivable from Preferred Operating Partnership unit holder
Property management, acquisition and development
$
4,850
$
4,850
$
4,850
Gain on repurchase of exchangeable senior notes
Property management, acquisition and development
$
$
27,928
$
6,311
Loss on sale of investments available for sale
Property management, acquisition and development
$
$
$
(1,415
)
Equity in earnings of real estate ventures
Rental operations
$
6,753
$
6,964
$
6,932
Income tax expense
Tenant reinsurance
$
(4,162
)
$
(4,300
)
$
(519
)
Net income (loss)
Property management, acquisition and development
$
(24,027
)
$
(12,407
)
$
(14,298
)
Rental operations
42,131
40,313
46,969
Tenant reinsurance
15,270
11,187
10,678
$
33,374
$
39,093
$
43,349
Depreciation and amortization expense
Property management, acquisition and development
$
2,099
$
2,786
$
1,462
Rental operations
48,250
49,617
48,104
$
50,349
$
52,403
$
49,566
Statement of Cash Flows
Acquisition of real estate assets
Property management, acquisition and development
$
(69,588
)
$
(38,185
)
$
(127,293
)
Development and construction of real estate assets
Property management, acquisition and development
$
(36,062
)
$
(67,301
)
$
(66,071
)
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Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
23. COMMITMENTS AND CONTINGENCIES
The Company has operating leases on its corporate offices and owns 14 self-storage facilities that are subject to ground leases. At December 31, 2010, future minimum
rental payments under these non-cancelable operating leases are as follows (unaudited):
Less than 1 year
$
6,597
Year 2
5,859
Year 3
5,570
Year 4
4,843
Year 5
2,603
Thereafter
35,890
$
61,362
The
monthly rental amount for one of the ground leases is the greater of a minimum amount or a percentage of gross monthly receipts. The Company recorded expense of $2,416, $2,289, and
$2,262 related to these leases in the years ended December 31, 2010, 2009 and 2008, respectively.
The
Company has guaranteed loans for unconsolidated joint ventures as follows (unaudited):
Date of
Guaranty
Loan
Maturity
Date
Guaranteed
Loan Amount
December 31,
2010
Estimated
Fair Market
Value of
Assets
Extra Space of Montrose Avenue LLC
Dec-10
Dec-13
$
4,332
$
8,625
Extra Space of Sacramento One LLC
Apr-09
Apr-11
$
5,000
$
9,940
ESS Baltimore LLC
Nov-04
Feb-13
$
4,133
$
6,819
If
the joint ventures default on the loans, the Company may be forced to repay the loans. Repossessing and/or selling the self-storage facilities and land that collateralize
the loans could provide funds sufficient to reimburse the Company. The Company has recorded no liability in relation to these guarantees as of December 31, 2010, as the fair value of the
guarantees is not material. The Company believes the risk of incurring a loss as a result of having to perform on these guarantees is remote.
The
Company has been involved in routine litigation arising in the ordinary course of business. As of December 31, 2010, the Company was not involved in any material litigation
nor, to its knowledge, is any material litigation threatened against it which, in the opinion of management, is expected to have a material adverse effect on the Company's financial condition or
results of operations.
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Table of Contents
Extra Space Storage Inc.
Notes to Consolidated Financial Statements (Continued)
December 31, 2010
(Amounts in thousands, except property and share data)
24. SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED)
Three months ended
March 31,
2010
June 30,
2010
September 30,
2010
December 31,
2010
Revenues
$
67,587
$
68,777
$
71,979
$
73,154
Cost of operations
46,724
45,971
48,418
49,569
Revenues less cost of operations
$
20,863
$
22,806
$
23,561
$
23,585
Net income
$
5,179
$
7,925
$
9,482
$
10,788
Net income attributable to common stockholders
$
3,568
$
6,180
$
7,667
$
8,916
Net incomebasic
$
0.04
$
0.07
$
0.09
$
0.10
Net incomediluted
$
0.04
$
0.07
$
0.09
$
0.10
Three months ended
March 31,
2009
June 30,
2009
September 30,
2009
December 31,
2009
Revenues
$
69,247
$
69,065
$
71,113
$
70,721
Cost of operations
47,324
66,691
47,896
46,348
Revenues less cost of operations
$
21,923
$
2,374
$
23,217
$
24,373
Net income (loss)
$
30,762
$
(6,681
)
$
7,574
$
7,438
Net income (loss) attributable to common stockholders
$
27,619
$
(7,541
)
$
5,967
$
5,932
Net income (loss)basic
$
0.32
$
(0.09
)
$
0.07
$
0.07
Net income (loss)diluted
$
0.32
$
(0.09
)
$
0.07
$
0.07
25. SUBSEQUENT EVENTS
On January 18, 2011, the Company closed a CMBS loan for $82,185. The loan has a 10-year term and a fixed interest rate of 5.8%. The loan is collateralized by certain
real estate assets. Proceeds from the loan will be used for general corporate purposes and to repay other debt.
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Table of Contents
Extra Space Storage Inc.
Schedule III
Real Estate and Accumulated Depreciation
(Dollars in thousands)
Gross carrying amount at
December 31, 2010
Property Name
State
Debt
Land
initial cost
Building and
improvements
initial cost
Land costs
subsequent
to acquisition
Building costs
subsequent
to acquisition
Land
Adjustments
Notes
Building
Adjustments
Notes
Land
Building and
improvements
Total
Accumulated
depreciation
Date acquired
or development
completed
Auburn
AL
$
$
325
$
1,895
$
$
$
$
$
325
$
1,895
$
2,220
$
18
Aug-10
Auburn
AL
92
138
43
92
181
273
1
Aug-10
Hoover
AL
2,473
1,313
2,858
508
1,313
3,366
4,679
503
Aug-07
Mesa
AZ
1,362
849
2,547
78
849
2,625
3,474
449
Aug-04
Peoria
AZ
2,325
652
4,105
42
652
4,147
4,799
482
Apr-06
Peoria
AZ
1,060
1,060
1,060
Phoenix
AZ
7,368
1,441
7,982
465
1,441
8,447
9,888
1,289
Jul-05
Phoenix
AZ
669
4,135
135
669
4,270
4,939
457
Jan-07
Phoenix
AZ
3,440
552
3,530
164
552
3,694
4,246
476
Jun-06
Alameda
CA
2,919
12,984
1,402
2,919
14,386
17,305
1,528
Jun-07
Antelope
CA
6,131
1,525
8,345
(22
)
(340
)
(b)
1,185
8,323
9,508
490
Jul-08
Belmont
CA
3,500
7,280
25
3,500
7,305
10,805
633
May-07
Berkeley
CA
15,923
1,716
19,602
1,510
1,716
21,112
22,828
1,951
Jun-07
Burbank
CA
8,849
3,199
5,082
506
419
(a)
672
(a)
3,618
6,260
9,878
1,662
Aug-00
Castro Valley
CA
6,346
279
6,625
6,625
601
Jun-07
Chatsworth
CA
3,594
11,166
(3,594
)
(g)
(11,166
)
(g)
Jul-05
Claremont
CA
1,472
2,012
199
1,472
2,211
3,683
394
Jun-04
Colma
CA
16,254
3,947
22,002
2,052
3,947
24,054
28,001
2,342
Jun-07
Compton
CA
6,689
1,426
7,582
26
1,426
7,608
9,034
444
Sep-08
El Cajon
CA
1,100
6,380
1,100
6,380
7,480
176
Sep-09
El Sobrante
CA
1,209
4,018
935
1,209
4,953
6,162
562
Jun-07
Elk Grove
CA
4,392
952
6,936
16
123
(a)
234
(a)
1,075
7,186
8,261
45
Dec-07
Fontana
CA
1,916
1,246
3,356
142
54
(a)
179
(a) (c)
1,300
3,677
4,977
717
Oct-03
Fontana
CA
3,253
961
3,846
161
39
(a)
186
(a) (c)
1,000
4,193
5,193
928
Sep-02
Glendale
CA
6,084
188
6,272
6,272
1,098
Jun-04
Hawthorne
CA
1,532
3,871
177
1,532
4,048
5,580
725
Jun-04
Hayward
CA
3,149
8,006
1,864
3,149
9,870
13,019
1,045
Jun-07
Hemet
CA
5,277
1,146
6,369
214
1,146
6,583
7,729
969
Jul-05
Inglewood
CA
5,095
1,379
3,343
379
150
(a)
377
(a)
1,529
4,099
5,628
1,176
Aug-00
Lancaster
CA
1,425
5,855
32
1,425
5,887
7,312
158
Oct-09
Lancaster
CA
5,840
1,347
5,827
188
1,347
6,015
7,362
766
Jul-06
Livermore
CA
1,134
4,615
105
1,134
4,720
5,854
819
Jun-04
Long Beach
CA
1,403
7,595
(1,403
)
(g)
(7,595
)
(g)
Jul-05
Los Angeles
CA
5,300
1,431
2,976
111
180
(a)
374
(a)
1,611
3,461
5,072
964
Mar-00
Los Angeles
CA
3,991
9,774
29
3,991
9,803
13,794
758
Dec-07
Los Angeles
CA
2,200
8,108
2
2,200
8,110
10,310
479
Sep-08
Los Angeles
CA
3,075
(3,075
)
(b)
Los Gatos
CA
2,550
2,550
2,550
Manteca
CA
3,777
848
2,543
82
848
2,625
3,473
490
Jan-04
Marina Del Rey
CA
4,248
23,549
(4,248
)
(g)
(23,549
)
(g)
Jul-05
Modesto
CA
1,519
909
3,043
245
909
3,288
4,197
341
Jun-07
North Highlands
CA
696
2,806
(696
)
(g)
(2,806
)
(g)
Jul-05
North Hollywood
CA
3,125
9,257
74
3,125
9,331
12,456
1,115
May-06
Oakland
CA
2,981
3,777
415
494
(a)
4,686
4,686
1,323
Apr-00
Oakland
CA
3,024
11,321
48
3,024
11,369
14,393
157
May-10
Oceanside
CA
9,658
3,241
11,361
621
3,241
11,982
15,223
1,827
Jul-05
Pacoima
CA
5,760
3,050
7,597
48
3,050
7,645
10,695
253
Aug-09
Palmdale
CA
1,225
5,379
2,140
1,225
7,519
8,744
1,086
Jan-05
Pico Rivera
CA
4,354
1,150
3,450
89
1,150
3,539
4,689
846
Aug-00
Pleasanton
CA
2,993
1,208
4,283
364
1,208
4,647
5,855
535
May-07
Richmond
CA
953
4,635
518
953
5,153
6,106
897
Jun-04
Riverside
CA
2,417
1,075
4,042
394
1,075
4,436
5,511
802
Aug-04
Sacramento
CA
4,182
852
4,720
343
852
5,063
5,915
806
Jul-05
Sacramento
CA
2,936
1,738
5,522
106
(a)
(81
)
(a) (c)
1,844
5,441
7,285
35
Oct-10
Sacramento
CA
2,400
7,425
28
2,400
7,453
9,853
247
Sep-09
Sacramento
CA
2,410
8,244
3
(2,410
)
(h)
(8,247
)
(h)
Jan-09
San Bernardino
CA
1,213
3,061
107
1,213
3,168
4,381
569
Jun-04
San Bernardino
CA
750
5,135
36
750
5,171
5,921
552
Jun-06
San Francisco
CA
13,289
8,457
9,928
1,136
8,457
11,064
19,521
1,223
Jun-07
San Jose
CA
8,803
5,340
6,821
169
5,340
6,990
12,330
191
Sep-09
San Leandro
CA
6,207
3,343
6,630
17
(52
)
(a)
(237
)
(a)
3,291
6,410
9,701
43
Oct-10
San Leandro
CA
9,994
4,601
9,777
1,872
4,601
11,649
16,250
1,207
Aug-07
100
Table of Contents
Extra Space Storage Inc.
Schedule III
Real Estate and Accumulated Depreciation
(Dollars in thousands)
Gross carrying amount at
December 31, 2010
Property Name
State
Debt
Land
initial cost
Building and
improvements
initial cost
Land costs
subsequent
to acquisition
Building costs
subsequent
to acquisition
Land
Adjustments
Notes
Building
Adjustments
Notes
Land
Building and
improvements
Total
Accumulated
depreciation
Date acquired
or development
completed
Santa Clara
CA
7,791
4,750
8,218
13
4,750
8,231
12,981
272
Jul-09
Santa Fe Springs
CA
6,916
3,617
7,022
271
3,617
7,293
10,910
655
Oct-07
Sherman Oaks
CA
17,204
4,051
12,152
248
4,051
12,400
16,451
2,041
Aug-04
Simi Valley
CA
5,533
(1,285
)
(e)
4,248
4,248
Stockton
CA
3,066
649
3,272
109
649
3,381
4,030
770
May-02
Sylmar
CA
4,385
3,058
4,671
221
3,058
4,892
7,950
383
May-08
Thousand Oaks
CA
4,500
(1,000
)
(e)
3,500
3,500
Torrance
CA
3,710
6,271
483
400
(d)
4,110
6,754
10,864
1,185
Jun-04
Tracy
CA
2,866
778
2,638
102
133
(a)
481
(a) (c)
911
3,221
4,132
653
Jul-03
Tracy
CA
946
1,937
110
10
(c)
946
2,057
3,003
455
Apr-04
Vallejo
CA
2,081
1,177
2,157
789
1,177
2,946
4,123
350
Jun-07
Venice
CA
6,576
2,803
8,410
105
2,803
8,515
11,318
1,406
Aug-04
Watsonville
CA
3,385
1,699
3,056
155
1,699
3,211
4,910
499
Jul-05
Whittier
CA
2,408
2,985
66
20
(c)
3,071
3,071
696
Jun-02
Arvada
CO
286
1,521
446
286
1,967
2,253
644
Sep-00
Colorado Springs
CO
3,147
781
3,400
148
781
3,548
4,329
342
Aug-07
Colorado Springs
CO
3,468
1,525
4,310
148
1,525
4,458
5,983
255
Nov-08
Denver
CO
2,792
368
1,574
127
368
1,701
2,069
280
Jul-05
Denver
CO
602
2,052
472
143
(a)
512
(a)
745
3,036
3,781
836
Sep-00
Parker
CO
2,725
800
4,549
533
800
5,082
5,882
620
Sep-06
Thornton
CO
212
2,044
516
36
(a)
389
(a)
248
2,949
3,197
876
Sep-00
Westminster
CO
291
1,586
821
8
(a)
48
(a)
299
2,455
2,754
765
Sep-00
Groton
CT
2,458
1,277
3,992
328
46
(c)
1,277
4,366
5,643
892
Jan-04
Middletown
CT
2,098
932
2,810
136
932
2,946
3,878
230
Dec-07
Wethersfield
CT
2,801
709
4,205
122
16
(c)
709
4,343
5,052
964
Aug-02
Coral Springs
FL
3,991
3,638
6,590
194
3,638
6,784
10,422
474
Jun-08
Deland
FL
1,318
3,971
122
1,318
4,093
5,411
538
Jan-06
Estero
FL
2,198
8,215
5
2,198
8,220
10,418
272
Jul-09
Fort Myers
FL
4,381
1,985
4,983
339
1,985
5,322
7,307
855
Jul-05
Fort Myers
FL
3,098
1,691
4,711
144
29
(c)
1,691
4,884
6,575
868
Aug-04
Ft Lauderdale
FL
2,793
1,587
4,205
239
32
(c)
1,587
4,476
6,063
789
Aug-04
Ft Lauderdale
FL
2,637
2,750
2,750
2,750
Greenacres
FL
1,463
3,244
58
14
(c)
1,463
3,316
4,779
526
Mar-05
Hialeah
FL
5,159
2,800
7,588
51
2,800
7,639
10,439
454
Aug-08
Hialeah
FL
3,582
1,678
6,807
8
1,678
6,815
8,493
51
Sep-10
Hialeah
FL
2,730
1,750
7,150
9
1,750
7,159
8,909
176
Jan-10
Hollywood
FL
7,168
3,214
8,689
188
3,214
8,877
12,091
737
Nov-07
Kendall
FL
2,374
2,374
2,374
Madeira Beach
FL
2,719
1,686
5,163
114
29
(c)
1,686
5,306
6,992
911
Aug-04
Margate
FL
3,309
430
3,139
286
39
(a)
287
(a)
469
3,712
4,181
1,021
Aug-00
Miami
FL
3,434
1,325
4,395
324
114
(a)
388
(a)
1,439
5,107
6,546
1,422
Aug-00
Miami
FL
9,334
5,315
4,305
215
544
(a)
447
(a)
5,859
4,967
10,826
1,344
Aug-00
Miami
FL
5,519
1,238
7,597
201
1,238
7,798
9,036
770
May-07
Miami
FL
5,713
4,798
9,475
18
4,798
9,493
14,291
255
Nov-09
Naples
FL
2,570
5,102
(2,570
)
(g)
(5,102
)
(g)
Jul-05
North Lauderdale
FL
3,699
428
3,516
590
31
(a)
260
(a)
459
4,366
4,825
1,258
Aug-00
North Miami
FL
1,256
6,535
398
1,256
6,933
8,189
1,231
Jun-04
Ocoee
FL
2,237
872
3,642
127
17
(c)
872
3,786
4,658
629
Mar-05
Orlando
FL
3,188
1,216
5,008
176
39
(c)
1,216
5,223
6,439
916
Aug-04
Orlando
FL
4,499
2,233
9,223
229
21
(c)
2,233
9,473
11,706
1,473
Mar-05
Orlando
FL
4,091
1,474
6,101
106
21
(c)
1,474
6,228
7,702
966
Mar-05
Orlando
FL
3,390
1,166
4,816
1,123
15
(c)
1,166
5,954
7,120
873
Mar-05
Orlando
FL
625
2,133
28
625
2,161
2,786
26
Jul-10
Plantation
FL
3,850
(1,900
)
(e)
1,950
1,950
Port Charlotte
FL
1,389
4,632
100
20
(c)
1,389
4,752
6,141
815
Aug-04
Riverview
FL
2,630
654
2,953
107
29
(c)
654
3,089
3,743
556
Aug-04
Tamiami
FL
2,979
5,351
(2,979
)
(g)
(5,351
)
(g)
Jul-05
Tampa
FL
4,190
1,425
4,766
264
1,425
5,030
6,455
551
Mar-07
Tampa
FL
3,520
883
3,533
129
883
3,662
4,545
406
Nov-06
Valrico
FL
3,139
1,197
4,411
111
34
(c)
1,197
4,556
5,753
790
Aug-04
Venice
FL
7,096
1,969
5,903
217
1,969
6,120
8,089
822
Jan-06
West Palm Beach
FL
1,449
2,586
(1,449
)
(g)
(2,586
)
(g)
Jul-05
West Palm Beach
FL
3,983
1,752
4,909
318
1,752
5,227
6,979
851
Jul-05
101
Table of Contents
Extra Space Storage Inc.
Schedule III
Real Estate and Accumulated Depreciation
(Dollars in thousands)
Gross carrying amount at
December 31, 2010
Property Name
State
Debt
Land
initial cost
Building and
improvements
initial cost
Land costs
subsequent
to acquisition
Building costs
subsequent
to acquisition
Land
Adjustments
Notes
Building
Adjustments
Notes
Land
Building and
improvements
Total
Accumulated
depreciation
Date acquired
or development
completed
West Palm Beach
FL
1,630
1,164
2,511
263
82
(a)
180
(a)
1,246
2,954
4,200
836
Aug-00
West Palm Beach
FL
1,877
1,312
2,511
363
104
(a)
204
(a)
1,416
3,078
4,494
908
Aug-00
Alpharetta
GA
2,755
1,893
3,161
117
1,893
3,278
5,171
402
Aug-06
Atlanta
GA
3,737
8,333
288
35
(c)
3,737
8,656
12,393
1,467
Aug-04
Atlanta
GA
1,665
2,028
103
21
(c)
1,665
2,152
3,817
392
Aug-04
Atlanta
GA
3,319
8,325
330
33
(c)
3,319
8,688
12,007
1,383
Feb-05
Dacula
GA
3,879
1,993
3,001
82
1,993
3,083
5,076
405
Jan-06
Douglasville
GA
1,209
719
15
1,209
734
1,943
10
Jun-10
Duluth
GA
3,370
1,454
4,151
72
1,454
4,223
5,677
400
Jun-07
Kennesaw
GA
673
1,151
21
673
1,172
1,845
16
Jun-10
Lithonia
GA
1,958
3,645
13
1,958
3,658
5,616
107
Nov-09
Marietta
GA
887
2,617
4
887
2,621
3,508
36
Jun-10
Snellville
GA
2,691
4,026
145
23
(c)
2,691
4,194
6,885
735
Aug-04
Stone Mountain
GA
1,887
925
3,505
190
925
3,695
4,620
553
Jul-05
Stone Mountain
GA
1,817
4,382
133
24
(c)
1,817
4,539
6,356
790
Aug-04
Sugar Hill
GA
1,368
2,540
119
1,368
2,659
4,027
261
Jun-07
Sugar Hill
GA
1,371
2,547
115
1,371
2,662
4,033
265
Jun-07
Alpharetta
GL
1,973
1,587
129
20
(c)
1,973
1,736
3,709
320
Aug-04
Kahului
HI
3,984
15,044
492
3,984
15,536
19,520
1,490
Jun-07
Kapolei
HI
15,102
24,701
315
25,016
25,016
2,311
Jun-07
Chicago
IL
3,186
449
2,471
420
449
2,891
3,340
512
Jul-05
Chicago
IL
2,888
472
2,582
526
472
3,108
3,580
546
Jul-05
Chicago
IL
4,381
621
3,428
703
621
4,131
4,752
729
Jul-05
Chicago
IL
1,925
1,925
1,925
Chicago
IL
2,020
6,997
12
(2,020
)
(h)
(7,009
)
(h)
Jul-09
Crest Hill
IL
847
2,946
61
121
(a)
472
(a) (c)
968
3,479
4,447
711
Jul-03
Gurnee
IL
1,374
8,296
43
1,374
8,339
9,713
693
Oct-07
Naperville
IL
2,800
7,355
70
(850
)
(e)
1,950
7,425
9,375
392
Dec-08
North Aurora
IL
5,001
600
5,833
61
600
5,894
6,494
389
May-08
South Holland
IL
1,606
839
2,879
109
26
(a)
108
(a) (c)
865
3,096
3,961
699
Oct-02
Tinley Park
IL
1,823
4,794
76
(275
)
(e)
1,548
4,870
6,418
286
Aug-08
Carmel
IN
1,169
4,393
167
1,169
4,560
5,729
287
Oct-08
Fort Wayne
IN
1,899
3,292
230
1,899
3,522
5,421
230
Oct-08
Indianapolis
IN
2,922
588
3,457
168
588
3,625
4,213
361
Aug-07
Indianapolis
IN
426
2,903
194
426
3,097
3,523
208
Oct-08
Indianapolis
IN
850
4,545
223
850
4,768
5,618
303
Oct-08
Mishawaka
IN
2,150
630
3,349
172
630
3,521
4,151
228
Oct-08
Wichita
KS
2,154
366
1,897
290
366
2,187
2,553
330
Apr-06
Louisville
KY
2,987
586
3,244
192
586
3,436
4,022
561
Jul-05
Louisville
KY
2,618
1,217
4,611
127
1,217
4,738
5,955
719
Jul-05
Louisville
KY
3,685
892
2,677
133
892
2,810
3,702
386
Dec-05
Metairie
LA
2,056
4,216
100
18
(c)
2,056
4,334
6,390
743
Aug-04
New Orleans
LA
4,058
4,325
520
24
(c)
4,058
4,869
8,927
855
Aug-04
Ashland
MA
474
3,324
260
27
(c)
474
3,611
4,085
877
Jun-03
Auburn
MA
3,479
918
3,728
180
918
3,908
4,826
1,073
May-04
Brockton
MA
2,307
647
2,762
104
647
2,866
3,513
706
May-04
Dedham
MA
2,548
2,127
3,041
424
28
(c)
2,127
3,493
5,620
947
Mar-02
Dedham
MA
2,443
7,328
756
16
(c)
2,443
8,100
10,543
1,558
Feb-04
East Somerville
MA
132
14
(c)
146
146
64
Feb-04
Everett
MA
692
2,129
613
692
2,742
3,434
462
Jul-05
Foxboro
MA
3,479
759
4,158
405
759
4,563
5,322
1,511
May-04
Hudson
MA
2,647
806
3,122
259
806
3,381
4,187
1,043
May-04
Jamaica Plain
MA
2,841
3,285
11,275
54
3,285
11,329
14,614
888
Dec-07
Kingston
MA
555
2,491
87
32
(c)
555
2,610
3,165
671
Oct-02
Lynn
MA
2,347
1,703
3,237
226
1,703
3,463
5,166
911
Jun-01
Marshfield
MA
4,776
1,039
4,155
185
1,039
4,340
5,379
773
Mar-04
Milton
MA
2,838
3,979
6,227
20
(c)
2,838
10,226
13,064
1,281
Nov-02
North Oxford
MA
482
1,762
185
46
(a)
168
(a)
528
2,115
2,643
653
Oct-99
Northborough
MA
2,468
280
2,715
482
280
3,197
3,477
919
Feb-01
Norwood
MA
2,160
2,336
1,385
61
(a)
95
(a)
2,221
3,816
6,037
910
Aug-99
Plainville
MA
2,223
4,430
348
2,223
4,778
7,001
878
Jul-05
Quincy
MA
1,359
4,078
185
18
(c)
1,359
4,281
5,640
856
Feb-04
Raynham
MA
3,442
588
2,270
248
82
(a)
323
(a)
670
2,841
3,511
737
May-00
102
Table of Contents
Extra Space Storage Inc.
Schedule III
Real Estate and Accumulated Depreciation
(Dollars in thousands)
Gross carrying amount at
December 31, 2010
Property Name
State
Debt
Land
initial cost
Building and
improvements
initial cost
Land costs
subsequent
to acquisition
Building costs
subsequent
to acquisition
Land
Adjustments
Notes
Building
Adjustments
Notes
Land
Building and
improvements
Total
Accumulated
depreciation
Date acquired
or development
completed
Saugus
MA
3,917
1,725
5,514
326
104
(c)
1,725
5,944
7,669
1,351
Jun-03
Somerville
MA
7,070
1,728
6,570
459
3
(a)
13
(a)
1,731
7,042
8,773
1,657
Jun-01
Stoneham
MA
944
5,241
131
944
5,372
6,316
794
Jul-05
Stoughton
MA
2,912
1,754
2,769
212
1,754
2,981
4,735
830
May-04
Waltham
MA
3,770
11,310
656
17
(c)
3,770
11,983
15,753
2,167
Feb-04
Weymouth
MA
4,391
2,806
3,129
112
2,806
3,241
6,047
947
Sep-00
Woburn
MA
199
17
(c)
216
216
84
Feb-04
Worcester
MA
1,686
896
4,377
2,692
896
7,069
7,965
1,542
May-04
Worcester
MA
3,462
1,350
4,433
84
1,350
4,517
5,867
487
Dec-06
Annapolis
MD
3,728
1,375
8,896
231
1,375
9,127
10,502
847
Aug-07
Annapolis
MD
6,940
5,248
7,247
122
5,248
7,369
12,617
731
Apr-07
Arnold
MD
9,459
2,558
9,446
228
2,558
9,674
12,232
1,418
Jul-05
Baltimore
MD
3,120
800
5,955
35
800
5,990
6,790
339
Nov-08
Baltimore
MD
1,900
5,277
16
1,900
5,293
7,193
73
Jun-10
Bethesda
MD
12,745
18,331
256
18,587
18,587
2,896
Jul-05
Capitol Heights
MD
1,461
9,866
2
1,461
9,868
11,329
53
Oct-10
Columbia
MD
8,364
1,736
9,632
189
1,736
9,821
11,557
1,426
Jul-05
Edgewood
MD
1,000
(575
)
(e)
425
425
Ft. Washington
MD
11,280
4,920
9,174
139
4,920
9,313
14,233
970
Jan-07
Lanham
MD
3,346
10,079
824
(728
)
(b)
12
(c)
2,618
10,915
13,533
2,054
Feb-04
Laurel Heights
MD
4,920
3,000
5,930
26
3,000
5,956
8,956
477
Dec-07
Pasadena
MD
2,943
1,869
3,056
676
1,869
3,732
5,601
257
Sep-08
Pasadena
MD
3,500
3,500
3,500
Rockville
MD
12,680
4,596
11,328
185
4,596
11,513
16,109
1,299
Sep-06
Towson
MD
4,082
861
4,742
180
861
4,922
5,783
739
Jul-05
Grandville
MI
1,693
726
1,298
297
726
1,595
2,321
297
Jul-05
Mount Clemens
MI
2,091
798
1,796
263
798
2,059
2,857
340
Jul-05
Florissant
MO
3,429
1,241
4,648
279
1,241
4,927
6,168
516
Aug-07
Grandview
MO
1,095
612
1,770
300
612
2,070
2,682
382
Jul-05
St. Louis
MO
3,845
1,444
4,162
217
1,444
4,379
5,823
452
Aug-07
St. Louis
MO
2,735
676
3,551
228
676
3,779
4,455
394
Aug-07
St. Louis
MO
2,094
631
2,159
287
59
(a)
205
(a)
690
2,651
3,341
758
Jun-00
St. Louis
MO
1,606
156
1,313
366
17
(a)
151
(a)
173
1,830
2,003
530
Jun-00
Merrimack
NH
3,548
754
3,299
200
63
(a)
279
(a)
817
3,778
4,595
809
Apr-99
Nashua
NH
755
76
831
831
162
Jul-05
Avenel
NJ
8,080
1,518
8,037
218
24
(c)
1,518
8,279
9,797
1,316
Jan-05
Bayville
NJ
3,272
1,193
5,312
196
41
(c)
1,193
5,549
6,742
944
Dec-04
Bellmawr
NJ
6,600
3,600
4,765
28
75
(c)
3,675
4,793
8,468
214
Sep-08
Edison
NJ
5,762
2,519
8,547
366
2,519
8,913
11,432
2,164
Dec-01
Egg Harbor Twp.
NJ
7,588
1,724
5,001
610
1,724
5,611
7,335
1,384
Dec-01
Ewing
NJ
1,552
4,720
114
11
(c)
(362
)
(e)
1,563
4,472
6,035
474
Mar-07
Glen Rock
NJ
3,858
1,109
2,401
133
113
(a)
249
(a) (c)
1,222
2,783
4,005
631
Mar-01
Hackensack
NJ
2,283
11,234
559
2,283
11,793
14,076
1,841
Jul-05
Hazlet
NJ
1,362
10,262
418
1,362
10,680
12,042
2,535
Dec-01
Hoboken
NJ
8,206
2,687
6,092
158
3
(c)
2,687
6,253
8,940
1,419
Jul-02
Howell
NJ
3,332
2,440
3,407
319
2,440
3,726
6,166
931
Dec-01
Iselin
NJ
3,864
505
4,524
360
505
4,884
5,389
1,246
Dec-01
Lawrenceville
NJ
3,402
10,230
342
8
(c)
3,402
10,580
13,982
1,944
Feb-04
Linden
NJ
1,517
8,384
152
1,517
8,536
10,053
1,237
Jul-05
Lumberton
NJ
3,719
831
4,060
126
22
(c)
831
4,208
5,039
754
Dec-04
Lyndhurst
NJ
6,566
2,679
4,644
206
250
(a)
446
(a) (c)
2,929
5,296
8,225
1,190
Mar-01
Metuchen
NJ
1,153
4,462
201
1,153
4,663
5,816
1,100
Dec-01
Monmouth Junction
NJ
5,400
1,700
5,835
18
1,700
5,853
7,553
143
Dec-09
Morrisville
NJ
2,487
7,494
1,091
11
(c)
2,487
8,596
11,083
1,589
Feb-04
Neptune
NJ
5,769
4,204
8,906
174
4,204
9,080
13,284
984
Nov-06
North Bergen
NJ
2,299
12,728
318
2,299
13,046
15,345
1,871
Jul-05
North Bergen
NJ
6,671
2,100
6,606
167
74
(c)
2,100
6,847
8,947
1,447
Jul-03
Old Bridge
NJ
5,195
2,758
6,450
655
2,758
7,105
9,863
1,745
Dec-01
Parlin
NJ
2,517
4,516
378
2,517
4,894
7,411
872
Jul-05
Parlin
NJ
4,008
5,273
274
5,547
5,547
1,607
May-04
Toms River
NJ
1,790
9,935
252
1,790
10,187
11,977
1,585
Jul-05
Union
NJ
1,754
6,237
178
78
(c)
1,754
6,493
8,247
1,118
Dec-04
Albuquerque
NM
4,090
1,298
4,628
585
1,298
5,213
6,511
508
Aug-07
103
Table of Contents
Extra Space Storage Inc.
Schedule III
Real Estate and Accumulated Depreciation
(Dollars in thousands)
Gross carrying amount at
December 31, 2010
Property Name
State
Debt
Land
initial cost
Building and
improvements
initial cost
Land costs
subsequent
to acquisition
Building costs
subsequent
to acquisition
Land
Adjustments
Notes
Building
Adjustments
Notes
Land
Building and
improvements
Total
Accumulated
depreciation
Date acquired
or development
completed
Las Vegas
NV
748
4,131
(748
)
(g)
(4,131
)
(g)
Jul-05
Las Vegas
NV
251
717
291
27
(a)
87
(a)
278
1,095
1,373
386
Feb-00
Bohemia
NY
1,630
1,456
1,398
318
1,456
1,716
3,172
157
Dec-07
Bronx
NY
9,817
3,995
11,870
511
28
(c)
3,995
12,409
16,404
2,170
Aug-04
Brooklyn
NY
14,338
12,993
10,405
88
12,993
10,493
23,486
610
Oct-08
Brooklyn
NY
6,475
2,802
6,536
69
2,802
6,605
9,407
106
May-10
Centereach
NY
2,163
2,226
1,657
93
2,226
1,750
3,976
109
Oct-08
Freeport
NY
5,592
5,676
3,784
5,676
3,784
9,460
12
Nov-10
Mount Vernon
NY
5,100
1,585
6,025
913
1,585
6,938
8,523
1,046
Jul-05
Mount Vernon
NY
3,451
1,926
7,622
551
33
(c)
1,926
8,206
10,132
1,739
Nov-02
Nanuet
NY
3,792
2,072
4,644
666
887
24
(c)
2,738
5,555
8,293
1,243
Feb-02
New Paltz
NY
3,272
2,059
3,715
316
2,059
4,031
6,090
664
Jul-05
New York
NY
10,263
3,060
16,978
580
3,060
17,558
20,618
2,602
Jul-05
Plainview
NY
5,184
4,287
3,710
551
4,287
4,261
8,548
1,191
Dec-00
Columbus
OH
2,888
483
2,654
439
483
3,093
3,576
596
Jul-05
Columbus
OH
601
3,336
(601
)
(g)
(3,336
)
(g)
Jul-05
Kent
OH
1,494
220
1,206
149
220
1,355
1,575
262
Jul-05
Whitehall
OH
374
2,059
(374
)
(g)
(2,059
)
(g)
Jul-05
Aloha
OR
1,221
6,262
166
1,221
6,428
7,649
971
Jul-05
King City
OR
4,550
2,520
6,845
33
2,520
6,878
9,398
184
Sep-09
Bensalem
PA
3,185
1,131
4,525
151
66
(c)
1,131
4,742
5,873
830
Dec-04
Bensalem
PA
750
3,015
122
750
3,137
3,887
422
Mar-06
Doylestown
PA
3,616
220
3,442
272
301
(a) (d)
384
(a)
521
4,098
4,619
920
Nov-99
Kennedy Township
PA
2,405
736
3,173
147
736
3,320
4,056
938
May-04
Philadelphia
PA
1,470
8,162
(1,470
)
(g)
(8,162
)
(g)
Jul-05
Philadelphia
PA
1,965
5,925
907
7
(c)
1,965
6,839
8,804
1,277
Feb-04
Pittsburgh
PA
2,798
889
4,117
363
889
4,480
5,369
1,206
May-04
Pittsburgh
PA
991
1,990
397
91
(a)
199
(a)
1,082
2,586
3,668
680
Aug-00
Johnston
RI
7,070
2,658
4,799
325
2,658
5,124
7,782
818
Jul-05
Charleston
SC
1,279
4,171
78
30
(c)
1,279
4,279
5,558
740
Aug-04
Columbia
SC
838
3,312
116
38
(c)
838
3,466
4,304
627
Aug-04
Goose Creek
SC
1,683
4,372
908
30
(c)
1,683
5,310
6,993
813
Aug-04
Summerville
SC
450
4,454
87
26
(c)
450
4,567
5,017
801
Aug-04
Cordova
TN
2,688
852
2,720
184
852
2,904
3,756
474
Jul-05
Cordova
TN
1,351
7,476
(1,351
)
(g)
(7,476
)
(g)
Jul-05
Cordova
TN
1,787
894
2,680
120
894
2,800
3,694
298
Jan-07
Memphis
TN
976
1,725
(976
)
(g)
(1,725
)
(g)
Jul-05
Memphis
TN
814
2,766
(814
)
(g)
(2,766
)
(g)
Jul-05
Nashville
TN
2,960
390
2,598
526
390
3,124
3,514
466
Apr-06
Allen
TX
4,406
901
5,553
161
901
5,714
6,615
621
Nov-06
Arlington
TX
1,635
534
2,525
219
34
(c)
534
2,778
3,312
543
Aug-04
Austin
TX
1,105
2,313
(1,105
)
(g)
(2,313
)
(g)
Jul-05
Austin
TX
5,095
870
4,455
178
35
(c)
870
4,668
5,538
832
Aug-04
Dallas
TX
1,010
5,547
(1,010
)
(g)
(5,547
)
(g)
Jul-05
Dallas
TX
11,700
1,980
12,501
251
1,980
12,752
14,732
1,552
May-06
Dallas
TX
2,080
337
2,216
370
337
2,586
2,923
397
Apr-06
Dallas
TX
7,983
4,432
6,181
362
36
(c)
4,432
6,579
11,011
1,151
Aug-04
Fort Worth
TX
2,266
631
5,794
136
31
(c)
631
5,961
6,592
1,032
Aug-04
Grand Prairie
TX
2,356
551
2,330
125
31
(c)
551
2,486
3,037
443
Aug-04
Houston
TX
749
4,122
(749
)
(g)
(4,122
)
(g)
Jul-05
Houston
TX
4,566
2,596
8,735
222
2,596
8,957
11,553
1,108
Apr-06
Houston
TX
402
1,870
402
1,870
2,272
2
Dec-10
La Porte
TX
1,608
2,351
4
1,608
2,355
3,963
3
Dec-10
Plano
TX
1,613
2,871
(1,613
)
(g)
(2,871
)
(g)
Jul-05
Plano
TX
4,615
1,010
6,203
229
1,010
6,432
7,442
691
Nov-06
Plano
TX
614
3,775
165
614
3,940
4,554
449
Nov-06
Rowlett
TX
2,091
1,002
2,601
256
1,002
2,857
3,859
344
Aug-06
San Antonio
TX
1,009
1,269
1,816
307
30
(c)
1,269
2,153
3,422
410
Aug-04
San Antonio
TX
1,168
253
1,496
88
32
(c)
253
1,616
1,869
303
Aug-04
San Antonio
TX
2,471
3,556
183
(408
)
(f)
2,471
3,331
5,802
293
Dec-07
South Houston
TX
2,492
478
4,069
354
478
4,423
4,901
593
Apr-06
Kearns
UT
642
2,607
230
642
2,837
3,479
541
Jun-04
Murray
UT
571
986
2
571
988
1,559
5
Nov-10
104
Table of Contents
Extra Space Storage Inc.
Schedule III
Real Estate and Accumulated Depreciation
(Dollars in thousands)
Gross carrying amount at
December 31, 2010
Property Name
State
Debt
Land
initial cost
Building and
improvements
initial cost
Land costs
subsequent
to acquisition
Building costs
subsequent
to acquisition
Land
Adjustments
Notes
Building
Adjustments
Notes
Land
Building and
improvements
Total
Accumulated
depreciation
Date acquired
or development
completed
Salt Lake City
UT
986
3,455
6
986
3,461
4,447
42
Oct-10
Sandy
UT
4,119
1,349
4,372
226
1,349
4,598
5,947
699
Jul-05
West Jordan
UT
735
2,146
3
735
2,149
2,884
11
Nov-10
West Valley City
UT
1,850
461
1,722
123
461
1,845
2,306
295
Jul-05
Alexandria
VA
6,276
1,620
13,103
430
1,620
13,533
15,153
1,399
Jun-07
Arlington
VA
4,802
2
4,804
4,804
83
Oct-10
Burke
VA
2,067
4,261
(2,067
)
(g)
(4,261
)
(g)
Jul-05
Falls Church
VA
6,173
1,259
6,975
312
1,259
7,287
8,546
1,087
Jul-05
Richmond
VA
2,305
5,467
84
8
(c)
2,305
5,559
7,864
934
Aug-04
Stafford
VA
0
2,076
5,175
50
2,076
5,225
7,301
264
Jan-09
Lakewood
WA
4,600
1,917
5,256
148
1,917
5,404
7,321
697
Feb-06
Lakewood
WA
4,597
1,389
4,780
182
1,389
4,962
6,351
656
Feb-06
Seattle
WA
2,727
7,241
184
2,727
7,425
10,152
1,107
Jul-05
Tacoma
WA
3,428
1,031
3,103
124
1,031
3,227
4,258
437
Feb-06
Other corporate assets
849
2,202
6,960
(849
)
(d)
9,162
9,162
2,699
Various
Construction in progress
37,083
37,083
37,083
Intangible tenant relationships and lease rights
38,407
38,407
38,407
32,772
Various
$
871,403
$
558,748
$
1,695,988
$
666
$
133,869
$
(41,125
)
$
(112,702
)
$
518,289
$
1,717,155
$
2,235,444
$
263,042
(a) Adjustments
relate to the acquisition of joint venture partners interests
(b) Adjustment
relates to partial disposition of land
(c) Adjustment
relates to asset transfers between land, building and/or equipment
(d) Adjustment
relates to asset transfers between entities
(e) Adjustment
relates to impairment charge
(f) Adjustment
relates to a purchase price adjustment
(g) Adjustment
relates to sale of assets to an unconsolidated joint venture in which the Company is a partner
(h) Adjustment
relates to deconsolidation of property
105
Table of Contents
Extra Space Storage Inc. Schedule III Real Estate and Accumulated Depreciation (Dollars in thousands)
Activity in real estate facilities during the years ended December 31, 2010, 2009 and 2008 is as follows:
2010
2009
2008
Operating facilities
Balance at beginning of year
$
2,249,262
$
2,121,257
$
1,923,182
Acquisitions
89,750
21,764
110,258
Improvements
16,563
31,652
32,487
Transfers from construction in progress
33,407
78,148
55,824
Dispositions and other
(190,621
)
(3,559
)
(494
)
Balance at end of year
$
2,198,361
$
2,249,262
$
2,121,257
Accumulated depreciation:
Balance at beginning of year
$
233,830
$
182,335
$
131,805
Depreciation expense
48,665
50,530
49,031
Dispositions and other
(19,453
)
965
1,499
Balance at end of year
$
263,042
$
233,830
$
182,335
Construction in progress
Balance at beginning of year
$
34,427
$
58,734
$
49,945
Current development
36,063
67,301
64,344
Transfers to operating facilities
(33,407
)
(78,148
)
(55,824
)
Dispositions and other
(13,460
)
269
Balance at end of year
$
37,083
$
34,427
$
58,734
Net real estate assets
$
1,972,402
$
2,049,859
$
1,997,656
The
aggregate cost of real estate for U.S. federal income tax purposes is $2,117,151.
106
Table of Contents
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
None.
Item 9A. Controls and Procedures
(i) Disclosure Controls and Procedures
We maintain disclosure controls and procedures to ensure that information required to be disclosed in the reports we file pursuant to the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), are recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC, and that such information is accumulated
and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure based on the definition
of "disclosure controls and procedures" in Rule 13a-15(e) of the Exchange Act. In designing and evaluating the disclosure controls and procedures, management recognized that any
controls and procedures, no matter how well designed and operated, can only provide reasonable assurance of achieving the desired control objectives, and in reaching a reasonable level of assurance,
management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.
We
have a disclosure committee that is responsible for considering the materiality of information and determining the disclosure obligations of the Company on a timely basis. The
disclosure committee meets quarterly and reports directly to our Chief Executive Officer and Chief Financial Officer.
We
carried out an evaluation, under the supervision and with the participation of management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of
the design and operation of our disclosure controls and procedures as of the end of the period covered by this Annual Report. Based upon that evaluation, our Chief Executive Officer and Chief
Financial Officer concluded that our disclosure controls and procedures were effective at the reasonable assurance level as of the end of the period covered by this report.
(ii) Internal Control over Financial Reporting
(a) Management's Report on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rule 13a-15(f)
of the Exchange Act. Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, we conducted an evaluation of the
effectiveness of our internal control over financial reporting based on the framework in Internal ControlIntegrated Framework issued by the Committee of Sponsoring Organizations of the
Treadway Commission. Based on our evaluation, our management concluded that our internal control over financial reporting was effective as of December 31, 2010.
Because
of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods
are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
Our
independent registered public accounting firm, Ernst & Young LLP, has issued the following attestation report over our internal control over financial reporting.
107
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(b) Attestation Report of the Registered Public Accounting Firm
Report of Independent Registered Public Accounting Firm
The Board of Directors and Stockholders of Extra Space Storage Inc.
We have audited Extra Space Storage Inc.'s (the "Company") internal control over financial reporting as of December 31,
2010, based on criteria established in Internal ControlIntegrated Framework issued by the Committee of Sponsoring Organizations of
the Treadway Commission (the COSO criteria). Extra Space Storage Inc.'s management is responsible for maintaining effective internal control over financial reporting, and for its assessment of
the effectiveness of internal control over financial reporting included in the accompanying Management's Report on Internal Control over Financial Reporting. Our responsibility is to express an
opinion on the company's internal control over financial reporting based on our audit.
We
conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control
over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and
performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.
A
company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures
that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and
expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely
detection of unauthorized acquisition, use or disposition of the company's assets that could have a material effect on the financial statements.
Because
of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
In
our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2010, based on the COSO criteria.
We
also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated balance sheets as of December 31, 2010,
and 2009 and the related consolidated statements of operations, stockholders' equity, and cash flows for each of the years in the period ended December 31, 2010 of Extra Space
Storage Inc. and our report dated February 25, 2011 expressed an unqualified opinion thereon.
/s/
Ernst & Young LLP
Salt Lake City, Utah
February 25, 2011
108
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(c) Changes in Internal Control over Financial Reporting
There was no change in our internal control over financial reporting (as such term is defined in Exchange Act Rule 13a-15(f)) that occurred
during our most recent quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
Item 9B. Other Information
None.
109
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PART III
Item 10. Directors, Executive Officers and Corporate Governance
Information required by this item is incorporated by reference to the information set forth under the captions "Executive Officers,"
and "Information About the Board of Directors and its Committees" in our definitive Proxy Statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A within
120 days after December 31, 2010.
We
have adopted a Code of Business Conduct and Ethics in compliance with rules of the SEC that applies to all of our personnel, including our board of directors, Chief Executive Officer,
Chief Financial Officer and principal accounting officer. The Code of Business Conduct and Ethics is available free of charge on the "Investor InfoCorporate Governance" section of our web
site at www.extraspace.com. We intend to satisfy any disclosure requirements under Item 5.05 of Form 8-K regarding amendment to, or waiver from, a provision of this Code of
Business Conduct and Ethics by posting such information on our web site at the address and location specified above.
The
board of directors has adopted Corporate Governance Guidelines and charters for our Audit Committee and Compensation, Nominating and Governance Committee, each of which is posted on
our website at the address and location specified above. Investors may obtain a free copy of the Code of Business Conduct and Ethics, the Corporate Governance Guidelines and the committee charters by
contacting the Investor Relations Department at 2795 East Cottonwood Parkway, Suite 400, Salt Lake City, Utah 84121, Attn: Clint Halverson or by telephoning (801) 562-5556.
Item 11. Executive Compensation
Information with respect to executive compensation is incorporated by reference to the information set forth under the caption
"Executive Compensation" in our definitive Proxy Statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A within 120 days after December 31,
2010.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Information with respect to security ownership of certain beneficial owners and management and related stockholder matters is
incorporated by reference to the information set forth under the captions "Executive Compensation" and "Security Ownership of Directors and Officers" in our definitive Proxy Statement to be filed with
the Securities and Exchange Commission pursuant to Regulation 14A within 120 days after December 31, 2010.
Item 13. Certain Relationships and Related Transactions, and Director Independence
Information with respect to certain relationships and related transactions is incorporated by reference to the information set forth
under the captions "Information about the Board of Directors and its Committees" and "Certain Relationships and Related Transactions" in our Proxy Statement to be filed with the Securities and
Exchange Commission pursuant to Regulation 14A within 120 days after December 31, 2010.
Item 14. Principal Accountant Fees and Services
Information with respect to principal accountant fees and services is incorporated by reference to the information set forth under the
caption "Ratification of Appointment of Independent Registered Public Accounting Firm" in our Proxy Statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A
within 120 days after December 31, 2010.
110
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PART IV
Item 15. Exhibits and Financial Statement Schedules
(a) Documents
filed as part of this report:
(1) and
(2). All Financial Statements and Financial Statement Schedules filed as part of this Annual Report on 10-K are included in
Item 8"Financial Statements and Supplementary Data" of this Annual Report on 10-K and reference is made thereto.
(3) The
following documents are filed or incorporated by references as exhibits to this report:
Exhibit Number
Description
2.1
Purchase and Sale Agreement, dated May 5, 2005 by and among Security Capital Self Storage Incorporated, as seller and Extra Space Storage LLC, PRISA Self Storage LLC, PRISA II Self Storage LLC, PRISA
III Self Storage LLC, VRS Self Storage LLC, WCOT Self Storage LLC and Extra Space Storage LP, as purchaser parties and The Prudential Insurance Company of America (incorporated by reference from Exhibit 2.1 of Form 8-K
filed on May 11, 2005).
3.1
Amended and Restated Articles of Incorporation of Extra Space Storage Inc.(1)
3.2
Articles of Amendment dated September 28, 2007 (incorporated by reference from Exhibit 3.1 of Form 8-K filed on October 3, 2007).
3.3
Amended and Restated Bylaws of Extra Space Storage Inc.(incorporated by reference from Exhibit 3.1 of Form 8-K filed on May 26, 2009)
3.4
Second Amended and Restated Agreement of Limited Partnership of Extra Space Storage LP (incorporated by reference from Exhibit 10.1 of Form 8-K filed on June 26, 2007).
3.5
Declaration of Trust of ESS Holdings Business Trust I.(1)
3.6
Declaration of Trust of ESS Holdings Business Trust II.(1)
4.1
Junior Subordinated Indenture dated as of July 27, 2005, between Extra Space Storage LP and JPMorgan Chase Bank, National Association, as trustee (incorporated by reference from Exhibit 4.1 of
Form 8-K filed on August 2, 2005).
4.2
Amended and Restated Trust Agreement, dated as of July 27, 2005, among Extra Space Storage LP, as depositor and JPMorgan Chase Bank, National Association, as property trustee, Chase Bank USA, National
Association, as Delaware trustee, the Administrative Trustees named therein and the holders of undivided beneficial interest in the assets of ESS Statutory Trust III (incorporated by reference from Exhibit 4.2 of Form 8-K filed on
August 2, 2005).
4.3
Junior Subordinated Note (incorporated by reference from Exhibit 4.3 of Form 10-K filed on February 26, 2010)
4.4
Trust Preferred Security Certificates (incorporated by reference from Exhibit 4.4 of Form 10-K filed on February 26, 2010)
4.5
Indenture, dated March 27, 2007 among Extra Space Storage LP, Extra Space Storage Inc. and Wells Fargo Bank, N.A., as trustee, including the form of 3.625% Exchangeable Senior Notes due 2027 and form of
guarantee (incorporated by reference from Exhibit 4.1 of Form 8-K filed on March 28, 2007).
10.1
Registration Rights Agreement, by and among Extra Space Storage Inc. and the parties listed on Schedule I thereto.(1)
10.2
License between Centershift Inc. and Extra Space Storage LP.(1)
111
Table of Contents
Exhibit Number
Description
10.3
2004 Long-Term Compensation Incentive Plan as amended and restated effective March 25, 2008 (incorporated by reference from the Definitive Proxy Statement on Schedule 14A filed on April 14, 2008)
10.4
Extra Space Storage Performance Bonus Plan.(1)
10.5
Amended and Restated Employment Agreement dated August 28, 2008, by and between Extra Space Storage Inc. and Kent W. Christensen (incorporated by reference from Exhibit 10.2 of Form 8-K filed on
September 4, 2008).
10.6
Amended and Restated Employment Agreement dated August 28, 2008, by and between Extra Space Storage Inc. and Charles L. Allen (incorporated by reference from Exhibit 10.4 of Form 8-K filed on
September 4, 2008).
10.7
Form of 2004 Long Term Incentive Compensation Plan Option Award Agreement for Employees with employment agreements. (incorporated by reference from Exhibit 10.11 of Form 10-K filed on February 26,
2010)
10.8
Form of 2004 Long Term Incentive Compensation Plan Option Award Agreement for employees without employment agreements. (incorporated by reference from Exhibit 10.12 of Form 10-K filed on February 26,
2010)
10.9
Form of 2004 Non-Employee Directors Share Plan Option Award Agreement for Directors. (incorporated by reference from Exhibit 10.13 of Form 10-K filed on February 26, 2010)
10.10
Joint Venture Agreement, dated June 1, 2004, by and between Extra Space Storage LLC and Prudential Financial, Inc.(1)
10.11
Extra Space Storage Non-Employee Directors' Share Plan (incorporated by reference from Exhibit 10.22 of Form 10-K/A filed on March 22, 2007).
10.12
Purchase Agreement, dated June 20, 2005, among Extra Space Storage Inc. and the investors named therein (incorporated by reference from Exhibit 10.1 of Form 8-K filed on June 24,
2005).
10.13
Registration Rights Agreement, dated June 20, 2005, among Extra Space Storage Inc. and the investors named therein (incorporated by reference from Exhibit 10.1 of Form 8-K filed on June 24,
2005).
10.14
Purchase Agreement, dated as of July 27, 2005, among Extra Space Storage LP, ESS Statutory Trust III and the Purchaser named therein (incorporated by reference from Exhibit 10.1 of Form 8-K filed
on August 2, 2005).
10.15
Purchase Agreement, dated as of July 27, 2005, among Extra Space Storage LP, ESS Statutory Trust III and the Purchaser named therein (incorporated by reference from Exhibit 10.1 of Form 8-K filed
on August 2, 2005).
10.16
Amended and Restated Employment Agreement dated August 28, 2008, by and between Extra Space Storage Inc. and Karl Haas (incorporated by reference from Exhibit 10.3 of Form 8-K filed on
September 4, 2008).
10.17
Registration Rights Agreement, dated March 27, 2007, among Extra Space Storage LP, Extra Space Storage Inc., Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner & Smith
Incorporated (incorporated by reference from Exhibit 10.1 of Form 8-K filed on March 28, 2007).
112
Table of Contents
Exhibit Number
Description
10.18
Contribution Agreement, dated June 15, 2007, among Extra Space Storage LP and various limited partnerships affiliated with AAAAA Rent-A-Space. (incorporated by reference from Exhibit 10.23 of Form 10-K
filed on February 26, 2010)
10.19
Promissory Note, dated June 25, 2007, among Extra Space Storage LP, H. James Knuppe and Barbara Knuppe (incorporated by reference to Exhibit 10.2 of Form 8-K filed on June 26,
2007).
10.20
Pledge Agreement, dated June 25, 2007, among Extra Space Storage LP, H. James Knuppe and Barbara Knuppe (incorporated by reference to Exhibit 10.3 of Form 8-K filed on June 26,
2007).
10.21
Registration Rights Agreement among Extra Space Storage LP, H. James Knuppe and Barbara Knuppe. (incorporated by reference from Exhibit 10.26 of Form 10-K filed on February 26, 2010)
10.22
First Amendment to Contribution Agreement and to Agreement Regarding Transfer of Series A units among Extra Space Storage LP, various limited partnerships affiliated with AAAAA Rent-A-Space, H. James Knuppe
and Barbara Knuppe, dated September 28, 2007. (incorporated by reference to Exhibit 10.1 of Form 8-K filed on October 3, 2007).
10.23
2004 Long Term Incentive Compensation Plan Restricted Stock Award Agreement (incorporated by reference from Exhibit 10.2 of Form 10-Q filed on November 7, 2007).
10.24
First Amendment to Extra Space Storage Inc. 2004 Non-Employee Directors' Share Plan (incorporated by reference from Exhibit 10.4 of Form 10-Q filed on November 7, 2007).
10.25
Loan Agreement between ESP Seven Subsidiary LLC as Borrower and General Electric Capital Corporation as Lender, dated October 16, 2007. (incorporated by reference from Exhibit 10.30 of Form 10-K
filed on February 26, 2010)
10.26
Subscription Agreement, dated December 31, 2007, among Extra Space Storage LLC and Extra Space Development, LLC. (incorporated by reference from Exhibit 10.31 of Form 10-K filed on
February 26, 2010)
10.27
First Amendment to Second Amended and Restated Agreement of Limited Partnership of Extra Space Storage LP, dated September 18, 2008. (incorporated by reference from Exhibit 10.32 of Form 10-K filed
on February 26, 2010)
10.28
Revolving Promissory Note between Extra Space Properties Thirty LLC and Bank of America as Lender, dated February 13, 2009 (incorporated by reference from Exhibit 10.33 of Form 10-K filed on
February 26, 2010)
10.29
Revolving Line of Credit between Extra Space Properties Thirty LLC and Bank of America as Lender, dated February 13, 2009 (incorporated by reference from Exhibit 10.34 of Form 10-K filed on
February 26, 2010)
10.30
Extra Space Storage Inc. Executive Change in Control Plan (incorporated by reference to Exhibit 10.1 of Form 8-K filed on August 31, 2011).
14.0
Code of Business Conduct and Ethics adopted May 23, 2007 (incorporated by reference from the Definitive Proxy Statement on Form 14A filed on April 14, 2008.)
21.1
Subsidiaries of the Company(2)
23.1
Consent of Ernst & Young LLP(2)
113
Table of Contents
Exhibit Number
Description
31.1
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.(2)
31.2
Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.(2)
32
Certifications of the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.(2)
101
Financial statements from the annual report on Form 10-K of Extra Space Storage Inc. for the fiscal year ended December 31, 2010, filed on February 25, 2011, formatted in XBRL: (i) the Consolidated
Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Stockholders' Equity, (iv) the Consolidated Statements of Cash Flows and (v) the Notes to Consolidated Financial Statements
tagged as blocks of text.
(1) Incorporated
by reference from our Registration Statement on Form S-11 (File No. 333-115436 dated August 11,
2004).
(2) Filed
herewith
114
Table of Contents
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: February 25, 2011
EXTRA SPACE STORAGE INC.
By:
/s/ SPENCER F. KIRK
Spencer F. Kirk Chairman and Chief Executive Officer
Pursuant
to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on
the dates indicated.
Date: February 25, 2011
By:
/s/ SPENCER F. KIRK
Spencer F. Kirk
Chairman and Chief Executive Officer
(Principal Executive Officer)
Date: February 25, 2011
By:
/s/ KENT W. CHRISTENSEN
Kent W. Christensen
Executive Vice President and
Chief Financial Officer
(Principal Financial Officer)
Date: February 25, 2011
By:
/s/ P. SCOTT STUBBS
P. Scott Stubbs
Senior Vice President Finance and Accounting
(Principal Accounting Officer)
Date: February 25, 2011
By:
/s/ JOSEPH D. MARGOLIS
Joseph D. Margolis
Director
Date: February 25, 2011
By:
/s/ ROGER B. PORTER
Roger B. Porter
Director
Date: February 25, 2011
By:
/s/ K. FRED SKOUSEN
K. Fred Skousen
Director
115
EX-21.1
2
a2202138zex-21_1.htm
EX-21.1
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Exhibit 21.1
Name
Jurisdiction of Formation/Incorporation
Extra Space Storage LP
Delaware
The
list above excludes consolidated wholly-owned subsidiaries carrying on the same line of business (the ownership and operation of commercial real estate). The list also excludes other
subsidiaries which, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary as of December 31, 2010. A total of 195 subsidiaries have been excluded,
each of which operates in the United States [other than four subsidiaries which operate in Mexico and one subsidiary which operates in Bermuda].
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EX-23.1
3
a2202138zex-23_1.htm
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Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
We
consent to the incorporation by reference in the:
Registration
Statement (Form S-8 No. 333-126742) pertaining to the 2004 Non-Employee Directors' Share Plan and 2004 Long Term Incentive Compensation
Plan of Extra Space Storage, Inc., and
Registration
Statements and related prospectus' (Forms S-3: No. 333-128504, 333-128970, 333-128988, 333-13407,
33-142816, 333-153081 and 333-153082) of Extra Space Storage, Inc.
of
our reports dated February 25, 2011, with respect to the consolidated financial statements and schedule of Extra Space Storage, Inc., and the effectiveness of internal control over
financial reporting of Extra Space Storage, Inc., included in this Annual Report (Form 10-K) for the year ended December 31, 2010.
Salt
Lake City, Utah
February 25, 2011
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Consent of Independent Registered Public Accounting Firm
EX-31.1
4
a2202138zex-31_1.htm
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Exhibit 31.1
CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
I,
Spencer F. Kirk, certify that:
1) I
have reviewed this annual report on Form 10-K of Extra Space Storage Inc.;
2) Based
on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3) Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the
financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4) The
registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange
Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and
15d-15(f)) for the registrant and have:
(a) Designed
such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that
material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;
(b) Designed
such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to
provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;
(c) Evaluated
the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of
the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed
in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal
quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over
financial reporting; and
5) The
registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the
registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
(a) All
significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to
adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b) Any
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over
financial reporting.
Date:
February 25, 2011
By:
/s/ SPENCER F. KIRK
Name:
Spencer F. Kirk
Title:
Chairman of the Board and Chief Executive Office
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CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
EX-31.2
5
a2202138zex-31_2.htm
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Exhibit 31.2
CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
I,
Kent W. Christensen, certify that:
1) I
have reviewed this annual report on Form 10-K of Extra Space Storage Inc.;
2) Based
on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3) Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the
financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4) The
registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange
Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in exchange Act rules 13a-15(f) and
15d-15(f))for the registrant and have:
(a) Designed
such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that
material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;
(b) Designed
such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to
provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;
(c) Evaluated
the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of
the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed
in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal
quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over
financial reporting; and
5) The
registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the
registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
(a) All
significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to
adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b) Any
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over
financial reporting.
Date:
February 25, 2011
By:
/s/ KENT W. CHRISTENSEN
Name:
Kent W. Christensen
Title:
Executive Vice President and Chief Financial Officer
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CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
EX-32
6
a2202138zex-32.htm
EX-32
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Exhibit 32
CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT
OF 2002
I,
Spencer F. Kirk, Chief Executive Officer of Extra Space Storage Inc. (the "Company"), hereby certify as of the date hereof, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002, that the Annual Report of the Company on Form 10-K for the year ended December 31, 2010 (the
"Form 10-K") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and that information contained in the
Form 10-K fairly presents, in all material respects, the financial condition and results of operations of the Company.
By:
/s/ SPENCER F. KIRK
Name:
Spencer F. Kirk
Dated: February 25, 2011
Title:
Chairman of the Board and Chief Executive Officer
I,
Kent W. Christensen, the Chief Financial Officer of the Company, hereby certify as of the date hereof, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that the Annual Report of the Company on Form 10-K for the year ended December 31, 2010 fully complies with the requirements of
Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and that information contained in the Form 10-K fairly presents in all material respects the
financial condition and results of operations of the Company.
By:
/s/ KENT W. CHRISTENSEN
Name:
Kent W. Christensen
Dated: February 25, 2011
Title:
Executive Vice President and Chief Financial Officer
QuickLinks
CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>23. COMMITMENTS AND CONTINGENCIES</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has operating leases on its corporate offices and owns 14 self-storage facilities that are subject to ground leases. At December 31, 2010, future minimum rental payments under these non-cancelable operating leases are as follows (unaudited):</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Less than 1 year</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,597</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Year 2</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,859</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Year 3</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,570</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Year 4</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,843</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Year 5</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,603</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Thereafter</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">35,890</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">61,362</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The monthly rental amount for one of the ground leases is the greater of a minimum amount or a percentage of gross monthly receipts. The Company recorded expense of $2,416, $2,289, and $2,262 related to these leases in the years ended December 31, 2010, 2009 and 2008, respectively. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has guaranteed loans for unconsolidated joint ventures as follows (unaudited):</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="58"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date of<br />
Guaranty </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Loan<br />
Maturity<br />
Date </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Guaranteed<br />
Loan Amount<br />
December 31,<br />
2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Estimated<br />
Fair Market<br />
Value of<br />
Assets</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Montrose Avenue LLC</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Dec-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Dec-13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,332</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Sacramento One LLC</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Apr-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Apr-11</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9,940</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESS Baltimore LLC</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Nov-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Feb-13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,819</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> If the joint ventures default on the loans, the Company may be forced to repay the loans. Repossessing and/or selling the self-storage facilities and land that collateralize the loans could provide funds sufficient to reimburse the Company. The Company has recorded no liability in relation to these guarantees as of December 31, 2010, as the fair value of the guarantees is not material. The Company believes the risk of incurring a loss as a result of having to perform on these guarantees is remote. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has been involved in routine litigation arising in the ordinary course of business. As of December 31, 2010, the Company was not involved in any material litigation nor, to its knowledge, is any material litigation threatened against it which, in the opinion of management, is expected to have a material adverse effect on the Company's financial condition or results of operations.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>9. DERIVATIVES </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> GAAP requires the recognition of all derivative instruments as either assets or liabilities on the balance sheet at fair value. The accounting for changes in fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship and further, on the type of hedging relationship. A company must designate each qualifying hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge, or a hedge of a net investment in foreign operation. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company is exposed to certain risks relating to its ongoing business operations. The primary risk managed by using derivative instruments is interest rate risk. Interest rate swaps are entered into to manage interest rate risk associated with Company's fixed and variable-rate borrowings. The Company designates certain interest rate swaps as cash flow hedges of variable-rate borrowings and the remainder as fair value hedges of fixed-rate borrowings. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The following table summarizes the terms of the Company's derivative financial instruments:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 57%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"140%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="140%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="left" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="81"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="center" width="100"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="center" width="65"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="center" width="55"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 53pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Hedge Product <!-- COMMAND=ADD_SCROPPEDRULE,53pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Hedge Type </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notional Amount </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Strike </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Effective Date </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Maturity </b></font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Reverse Swap Agreement</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Fair Value</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">61,770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Libor plus 0.65%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">10/31/2004</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/1/2009</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">63,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">4.24%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">2/1/2009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/30/2013</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">26,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6.32%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">7/1/2009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">7/1/2014</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8,462</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6.98%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">7/27/2009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/27/2016</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6.12%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">11/2/2009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">11/1/2014</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">5.80%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/11/2010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/1/2015</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">48,876</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6.10%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">7/1/2010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">9/1/2014</font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Monthly interest payments were recognized as an increase or decrease in interest expense as follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="left" width="93"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="34"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="30"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="2"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8" rowspan="2"><font size="1"><b>For the Year Ended December 31,</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="2"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" rowspan="2"><font size="1"><b>Classification of<br />
Income (Expense) </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 16pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Type <!-- COMMAND=ADD_SCROPPEDRULE,16pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Reverse Swap Agreement</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(923</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(309</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(266</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(126</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(376</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(3,078</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(463</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Information relating to the losses recognized on the swap agreements is as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="86"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="center" width="93"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="78"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="3"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2" rowspan="3"><font size="1"><b>Gain (loss)<br />
reclassified from<br />
OCI</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="3"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2" rowspan="3"><font size="1"><b>Gain (loss)<br />
recognized in OCI</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="3"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" rowspan="3"><font size="1"><b>Location of<br />
amounts<br />
reclassified from<br />
OCI into income </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="2"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2" rowspan="2"><font size="1"><b>Year ended<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 16pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Type <!-- COMMAND=ADD_SCROPPEDRULE,16pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(399</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(266</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(562</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,142</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(376</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(4,963</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(3,078</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The Swap Agreements were highly effective for the year ended December 31, 2010. The gain (loss) reclassified from OCI in the preceding table represents the effective portion of our cash flow hedges reclassified from OCI to interest expense during the year ended December 31, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The balance sheet classification and carrying amounts of the interest rate swaps are as follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="left" width="89"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="left" width="89"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="9"><font size="1"><b>Asset (Liability) Derivatives </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="4"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="4"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 166pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Derivatives designated as hedging instruments: <!-- COMMAND=ADD_SCROPPEDRULE,166pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Balance Sheet<br />
Location </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Fair<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Balance Sheet<br />
Location </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Fair<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,813</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(478</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(643</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(244</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(475</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(49</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(562</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">N/A</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,142</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">N/A</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(6,074</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,111</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>1. DESCRIPTION OF BUSINESS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Extra Space Storage Inc. (the "Company") is a self-administered and self-managed real estate investment trust ("REIT"), formed as a Maryland Corporation on April 30, 2004 to own, operate, manage, acquire, develop and redevelop professionally managed self-storage facilities located throughout the United States. The Company continues the business of Extra Space Storage LLC and its subsidiaries, which had engaged in the self-storage business since 1977. The Company's interest in its properties is held through its operating partnership, Extra Space Storage LP (the "Operating Partnership"), which was formed on May 5, 2004. The Company's primary assets are general partner and limited partner interests in the Operating Partnership. This structure is commonly referred to as an umbrella partnership REIT, or UPREIT. The Company has elected
to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the "Internal Revenue Code"). To the extent the Company continues to qualify as a REIT, it will not be subject to tax, with certain limited exceptions, on the taxable income that is distributed to its stockholders. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company invests in self-storage facilities by acquiring or developing wholly owned facilities or by acquiring an equity interest in real estate entities. At December 31, 2010, the Company had direct and indirect equity interests in 660 storage facilities. In addition, the Company managed 160 properties for franchisees or third parties bringing the total number of properties which it owns and/or manages to 820, located in 34 states and Washington, D.C. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company operates in three distinct segments: (1) property management, acquisition and development; (2) rental operations; and (3) tenant reinsurance. The Company's property management, acquisition and development activities include managing, acquiring, developing and selling self-storage facilities. On June 2, 2009, the Company announced the wind-down of its development activities. As of December 31, 2010, there were six remaining development projects in process. The Company expects to complete these projects by the end of 2011. The rental operations activities include rental operations of self-storage facilities. No single tenant accounts for more than 5% of rental income. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in the Company's self storage facilities.&l
t;/font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>11. EXCHANGEABLE SENIOR NOTES</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> On March 27, 2007, the Company's Operating Partnership issued $250,000 of its 3.625% Exchangeable Senior Notes due April 1, 2027 (the "Notes"). Costs incurred to issue the Notes were approximately $5,700. The remaining portion of these costs are being amortized as an adjustment to interest expense over five years, which represents the estimated term of the Notes, and are included in other assets, net in the consolidated balance sheet as of December 31, 2010 and 2009. The Notes are general unsecured senior obligations of the Operating Partnership and are fully guaranteed by the Company. Interest is payable on April 1 and October 1 of each year until the maturity date of April 1, 2027. The Notes bear interest at 3.625% per annum and contain an exchange settlement feature, which provides that the Notes may, under certain ci
rcumstances, be exchangeable for cash (up to the principal amount of the Notes) and, with respect to any excess exchange value, for cash, shares of the Company's common stock or a combination of cash and shares of the Company's common stock at an initial exchange rate of approximately 42.6491 shares per $1,000 principal amount of Notes at the option of the Operating Partnership. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Operating Partnership may redeem the Notes at any time to preserve the Company's status as a REIT. In addition, on or after April 5, 2012, the Operating Partnership may redeem the Notes for cash, in whole or in part, at 100% of the principal amount plus accrued and unpaid interest, upon at least 30 days but not more than 60 days prior written notice to holders of the Notes. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The holders of the Notes have the right to require the Operating Partnership to repurchase the Notes for cash, in whole or in part, on each of April 1, 2012, April 1, 2017 and April 1, 2022, and upon the occurrence of a designated event, in each case for a repurchase price equal to 100% of the principal amount of the Notes plus accrued and unpaid interest. Certain events are considered "Events of Default," as defined in the indenture governing the Notes, which may result in the accelerated maturity of the Notes. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> GAAP requires entities with convertible debt instruments that may be settled entirely or partially in cash upon conversion should separately account for the liability and equity components of the instrument in a manner that reflects the issuer's economic interest cost. The Company therefore accounts for the liability and equity components of the Notes separately. The equity component is included in paid-in-capital in stockholders' equity in the consolidated balance sheet, and the value of the equity component is treated as original issue discount for purposes of accounting for the debt component. The discount is being amortized over the period of the debt as additional interest expense. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Information about the carrying amounts of the equity component, the principal amount of the liability component, its unamortized discount, and its net carrying amount are as follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Carrying amount of equity component</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">19,545</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">19,545</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Principal amount of liability component</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">87,663</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">87,663</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Unamortized discount</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2,205</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(3,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net carrying amount of liability component</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">85,458</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">83,794</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The remaining discount will be amortized over the remaining period of the debt through its first redemption date, April 1, 2012. The effective interest rate on the liability component is 5.75%. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The amount of interest cost recognized relating to the contractual interest rate and the amortization of the discount on the liability component is as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Contractual interest</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,178</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,524</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8,729</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Amortization of discount</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,664</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,239</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total interest expense recognized</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,842</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,763</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12,789</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"><i>Repurchases of Notes</i></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has repurchased a portion of its Notes. The Company allocated the value of the consideration paid to repurchase the Notes (1) to the extinguishment of the liability component and (2) to the reacquisition of the equity component. The amount allocated to the extinguishment of the liability component is equal to the fair value of that component immediately prior to extinguishment. The difference between the consideration attributed to the extinguishment of the liability component and the sum of (a) the net carrying amount of the repurchased liability component, and (b) the related unamortized debt issuance costs, is recognized as a gain on debt extinguishment. The remaining settlement consideration is allocated to the reacquisition of the equity component of the repurchased Notes and recognized as a reduction of stockholders' equ
ity. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Information about the repurchases and the related gains are as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="10"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="63"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="56"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="63"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>October 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>May 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>March 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>October 2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Principal amount repurchased</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">43,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">71,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">40,337</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Amount allocated to:</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extinguishment of liability component</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">35,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">43,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">30,696</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Reacquisition of equity component</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">181</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">713</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,025</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total cash paid for repurchase</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,881</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">36,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">44,513</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">31,721</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Exchangeable senior notes repurchased</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">43,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">71,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">40,337</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extinguishment of liability component</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(6,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(35,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(43,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(30,696</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Discount on exchangeable senior notes</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2,349</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(4,208</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2,683</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Related debt issuance costs</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(647</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Gain on repurchase</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">352</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,093</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">22,483</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,311</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>21. INCOME TAXES </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> As a REIT, the Company is generally not subject to federal income tax with respect to that portion of its income which is distributed annually to its stockholders. However, the Company has elected to treat one of its corporate subsidiaries, Extra Space Management, Inc., as a taxable REIT subsidiary. In general, the Company's TRS may perform additional services for tenants and generally may engage in any real estate or non-real estate related business (except for the operation or management of health care facilities or lodging facilities or the provision to any person, under a franchise, license or otherwise, of rights to any brand name under which lodging facility or health care facility is operated). A TRS is subject to corporate federal income tax. The Company accounts for income taxes in accordance with the provisions of ASC 740, </font><font size="2"&g
t;<i>"Income Taxes."</i></font><font size="2"> Deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The income tax provision for the years ended December 31, 2010 and 2009 is comprised of the following components: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Federal </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Current expense</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,712</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Investment tax credit</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(832</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(832</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Change in deferred benefit</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,282</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,282</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total tax expense</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,038</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> <br /></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, 2009</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Federal </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Current expense</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,177</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,348</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Change in deferred benefit</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,048</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,048</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total tax expense</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> A reconciliation of the statutory income tax provisions to the effective income tax provisions for the years ended December 31, 2010 and 2009 is as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Expected tax at statutory rate</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">13,204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">35.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">15,188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">35.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Non-taxable REIT income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(8,303</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(22.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(12,580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(29.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">State and local tax expense—net of federal benefit</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,167</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2.7</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Change in valuation allowance</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">804</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2.1</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">541</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1.2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Solar tax credits</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(832</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2.2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Miscellaneous</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(835</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2.3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total provision</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10.9</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9.9</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The major sources of temporary differences stated at their deferred tax effects are as follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Captive insurance subsidiary</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">236</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">182</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Fixed assets</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,589</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Various liabilities</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,229</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,603</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Stock compensation</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,140</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,865</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">State net operating losses</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,743</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">939</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,937</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,711</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Valuation allowance</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2,643</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2,135</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net deferred tax asset</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,294</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,576</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The state income tax net operating losses expire between 2012 and 2027. The deferred tax benefits associated with the state income tax net operating losses have been fully reserved through the valuation allowance.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>6. INVESTMENTS AVAILABLE FOR SALE</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has accounted for securities classified as "available for sale" at fair value. Adjustments to the fair value of available for sale securities were recorded as a component of other comprehensive income. A decline in the market value of investment securities below cost, that was deemed to be other than temporary, resulted in a reduction in the carrying amount to fair value. The impairment was charged to earnings and a new cost basis for the security was established. The Company's investments available for sale have generally consisted of non mortgage-backed auction rate securities ("ARS"). ARS are generally long-term debt instruments that provide liquidity through a Dutch auction process that resets the applicable interest rate at pre-determined calendar intervals, generally every 28 days. This mechanism allows existing investors to rollover their holding
s and continue to own their respective securities or liquidate their holdings by selling their securities at par. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> At December 31, 2007, the Company had $24,460 invested in non mortgage- backed ARS. Uncertainties in the credit markets had prevented the Company and other investors from liquidating the holdings of auction rate securities in auctions for these securities because the amount of securities submitted for sale exceeded the amount of purchase orders. As a result, during the year ended December 31, 2007, the Company recorded an other-than-temporary impairment charge of $1,233 and a temporary impairment charge of $1,415, which reduced the carrying value of the Company's investments in ARS to an estimated fair value of $21,812 as of December 31, 2007. On February 29, 2008, the Company liquidated its holdings of ARS for $21,812 in cash. As a result of this settlement, the Company recognized $1,415 of the amount that was previously classified as a
temporary impairment as a loss on sale of investments available for sale through earnings. The Company has not had investments in ARS or investments available for sale since March 1, 2008.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>5. INVESTMENTS IN REAL ESTATE VENTURES </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Investments in real estate ventures at December 31, 2010 and 2009 consist of the following:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 67%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"120%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="120%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="63"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="73"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>Investment balance at </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Equity<br />
Ownership % </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Excess Profit<br />
Participation % </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space West One LLC ("ESW")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,077</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,175</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space West Two LLC ("ESW II")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,606</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,749</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space Northern Properties Six LLC ("ESNPS")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">10</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">35</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,142</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,388</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Santa Monica LLC ("ESSM")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">48</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">48</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,901</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,419</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Clarendon Storage Associates Limited Partnership ("Clarendon")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,204</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,245</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">HSRE-ESP IA, LLC ("HSRE")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,984</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA Self Storage LLC ("PRISA")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">17</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,445</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,907</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA II Self Storage LLC ("PRISA II")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">17</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">9,855</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">10,239</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA III Self Storage LLC ("PRISA III")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,568</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,793</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">VRS Self Storage LLC ("VRS")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">45</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">54</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">44,641</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">45,579</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">WCOT Self Storage LLC ("WCOT")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,799</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,983</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Storage Portfolio I LLC ("SP I")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">25</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">25-40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14,873</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">16,049</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Storage Portfolio Bravo II ("SPB II")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20-45</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14,759</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">15,104</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space Joint Ventures with Everest Real Estate Fund ("Everest")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">10-58</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">35-50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,514</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,558</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">U-Storage de Mexico S.A. and related entities ("U-Storage")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,852</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,166</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other minority owned properties</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">18-50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">19-50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,340</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,095</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">140,560</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">130,449</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> In these joint ventures, the Company and the joint venture partner generally receive a preferred return on their invested capital. To the extent that cash/profits in excess of these preferred returns are generated through operations or capital transactions, the Company would receive a higher percentage of the excess cash/profits than its equity interest. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In accordance with ASC 810, the Company reviews all of its joint venture relationships quarterly to ensure that there are no entities that require consolidation. As of December 31, 2010, there were no previously unconsolidated entities that were required to be consolidated as a result of this review. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 28, 2010, the Company contributed $6,660 to ESW as a result of a capital call related to the joint venture's repayment of its $16,650 loan. On August 25, 2010, ESW closed on a new loan and on August 30, 2010, ESW returned $6,660 of investment capital to the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 15, 2010, the Company paid $193 to obtain an additional 7.2% percentage interest in ESSM, increasing the Company's interest in the venture from 41.0% to 48.2%.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> On January 21, 2010 the Company closed a joint venture transaction with an affiliate of Harrison Street Real Estate Capital LLC ("Harrison Street"). Harrison Street contributed approximately $15,800 in cash to the joint venture in return for a 50.0% ownership interest. The Company contributed 19 wholly owned properties and received approximately $15,800 in cash and a 50.0% ownership interest in the joint venture. The joint venture assumed approximately $101,000 of existing debt which is secured by the properties. The properties are located in California, Florida, Nevada, Ohio, Pennsylvania, Tennessee, Texas and Virginia. The Company will continue to operate the properties and will receive a 6.0% management fee. The Company's 50% joint venture interest will be accounted for using the equity method of accounting. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On July 1, 2008, the Company purchased an additional 40.0% interest in VRS Self Storage LLC from Prudential Real Estate Investors for cash of $44,100, resulting in an increase in the Company's total interest in the joint venture from 5.0% to 45.0%.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> Equity in earnings (losses) of real estate ventures for the years ended December 31, 2010, 2009, and 2008 consists of the following: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of ESW</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,164</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,333</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in losses of ESW II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(31</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(57</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of ESNPS</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">239</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">236</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in losses of ESSM</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(142</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(113</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of Clarendon</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">417</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">304</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in losses of HSRE</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of PRISA</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">641</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">483</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">702</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of PRISA II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">481</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of PRISA III</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">262</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">235</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">274</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of VRS</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,116</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,363</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of WCOT</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">251</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">242</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of SP I</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">934</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,211</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of SPB II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">614</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings (losses) of Everest</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">195</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(6</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(212</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings (losses) of U-Storage</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">55</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">70</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(64</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings (losses) of other minority owned properties</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(6</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">333</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,753</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,964</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,932</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Equity in earnings (losses) of ESW II, SP I and SPB II includes the amortization of the Company's excess purchase price of $25,713 of these equity investments over its original basis. The excess basis is amortized over 40 years. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Information (unaudited) related to the real estate ventures' debt at December 31, 2010 is set forth below: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="65"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="center" width="92"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Loan Amount </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Current<br />
Interest Rate </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Debt<br />
Maturity </b></font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESW—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">16,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">September 2015</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESW II—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">March 2012</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESNPS—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">34,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.27</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">June 2015</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESSM—Variable</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10,946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3.01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">November 2011</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Clarendon—Swapped to fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8,378</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.93</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">September 2018</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Unleveraged</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Unleveraged</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA III—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">145,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.97</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2012</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">VRS—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">52,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.76</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2012</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">WCOT—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">92,140</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.76</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2012</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">SP I—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">115,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.62</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">April 2011</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">SPB II—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">58,772</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8.00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2014</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">U-Storage</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Unleveraged</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">HSRE—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">100,566</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2015</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other minority owned properties</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">133,002</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">various</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">various</font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Combined, condensed unaudited financial information of ESW, ESW II, ESNPS, PRISA, PRISA II, PRISA III, VRS, WCOT, SP I and SPB II and HSRE as of December 31, 2010 and 2009 and for the years ended December 31, 2010, 2009, and 2008, follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 55pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Balance Sheets: <!-- COMMAND=ADD_SCROPPEDRULE,55pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Assets:</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net real estate assets</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,056,032</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,977,184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">28,866</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">33,120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,084,898</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,010,304</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Liabilities and members' equity:</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Notes payable</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">634,778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">535,475</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">27,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">27,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Members' equity</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,422,420</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,447,282</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,084,898</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,010,304</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> <br /></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 79pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Statements of Income: <!-- COMMAND=ADD_SCROPPEDRULE,79pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Rents and other income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">297,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">282,181</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">295,824</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Expenses</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">211,283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">195,330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">197,926</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">86,375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">86,851</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">97,898</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"><i>Variable Interests in Unconsolidated Real Estate Joint Ventures: </i></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has interests in two unconsolidated joint ventures with unrelated third parties which are VIEs (the "VIE JVs"). The Company holds 18-39% equity interests in the VIE JVs, and has 50% of the voting rights in each of the VIE JVs. Qualification as a VIE was based on the determination that the equity investments at risk for each of these joint ventures were not sufficient based on a qualitative and quantitative analysis performed by the Company. The Company performed a qualitative analysis for these joint ventures to determine which party was the primary beneficiary of each VIE. The Company determined that since the powers to direct the activities most significant to the economic performance of these entities are shared equally by the Company and its joint venture partners, there is no primary beneficiary. Accordingly, these interests are recorded using the equity me
thod.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> The VIE JVs each own a single pre-stabilized self-storage property. These joint ventures are financed through a combination of (1) equity contributions from the Company and its joint venture partners, (2) mortgage notes payable and (3) payables to the Company. The payables to the Company consist of amounts owed for expenses paid on behalf of the joint ventures by the Company as manager and mortgage notes payable to the Company. The Company performs management services for the VIE JVs in exchange for a management fee of approximately 6% of cash collected by the properties. The Company has not provided financial or other support during the periods presented to the VIE JVs that it was not previously contractually obligated to provide. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company guarantees the mortgage notes payable for the VIE JVs. The Company's maximum exposure to loss for these joint ventures as of December 31, 2010 is the total of the guaranteed loan balances, the payables due to the Company and the Company's investment balances in the joint ventures. The Company believes that the risk of incurring a loss as a result of having to perform on the loan guarantees is unlikely and therefore no liability has been recorded related to these guarantees. Also, repossessing and/or selling the self-storage facility and land that collateralize the loans could provide funds sufficient to reimburse the Company. Additionally, the Company believes the payables to the Company are collectible. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The following table compares the liability balance and the maximum exposure to loss related to the VIE JVs as of December 31, 2010: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 62%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"130%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="130%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="41"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="53"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="54"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Liability<br />
Balance </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Investment<br />
Balance </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Balance of<br />
Guaranteed<br />
Loan </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Payables to<br />
Company </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Maximum<br />
Exposure<br />
to Loss </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Difference </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Montrose Avenue LLC</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,240</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,332</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,034</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">8,606</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(8,606</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Sacramento One LLC</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(804</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,000</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,495</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,691</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,691</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">436</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">9,332</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,529</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14,297</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(14,297</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The Company had no consolidated VIEs during the year ended December 31, 2010.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>12. LINES OF CREDIT</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> On December 8, 2010, the Company entered into a $40,000 revolving secured line of credit (the "Fourth Credit Line") that is collateralized by mortgages on certain real estate assets and matures December 8, 2013 with two one-year extension options available. The Company intends to use the proceeds from the Fourth Credit Line to repay debt and for general corporate purposes. The Fourth Credit Line has an interest rate of LIBOR plus 320 basis points with an interest rate floor of 4.5% (4.5% as of December 31, 2010). At December 31, 2010, $15,000 was drawn on the Fourth Credit Line. The Fourth Credit Line is guaranteed by the Company.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 4, 2010, the Company entered into a $45,000 revolving secured line of credit (the "Third Credit Line") that is collateralized by mortgages on certain lease-up real estate assets and matures May 31, 2013 with a two-year extension option available. The Company intends to use the proceeds from the Third Credit Line to repay debt and for general corporate purposes. The Third Credit Line has an interest rate of LIBOR plus 350 basis points (3.8% as of December 31, 2010). As of December 31, 2010, the Third Credit Line had $34,700 of capacity based on the lease-up of the assets collateralizing the Third Credit Line. At December 31, 2010, $25,467 was drawn on the Third Credit Line. The Third Credit Line is guaranteed by the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On February 13, 2009, the Company entered into a $50,000 revolving secured line of credit (the "Second Credit Line") that is collateralized by mortgages on certain real estate assets and matures February 13, 2013. The Company intends to use the proceeds of the Second Credit Line to repay debt and for general corporate purposes. The Second Credit Line has an interest rate of LIBOR plus 350 basis points (3.8% as of December 31, 2010 and 3.5% as of December 31, 2009). At December 31, 2010 and 2009, there was $30,000 and $0, respectively, drawn on the Second Credit Line. The Company is subject to certain covenants relating to the Second Credit Line. The Second Line of Credit is guaranteed by the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On October 19, 2007, the Company entered into a $100,000 secured revolving line of credit (the "Credit Line" and together with the Second Credit Line, Third Credit Line and Fourth Credit Line, the "Credit Lines") that matures October 31, 2011 with a one-year extension available. $100,000 was drawn on the Credit Line at December 31, 2010 and 2009. The Company intends to use the proceeds of the Credit Line to repay debt and for general corporate purposes. The Credit Line has an interest rate of between 100 and 205 basis points over LIBOR, depending on certain financial ratios of the Company (1.3% as of December 31, 2010 and 1.2% as of December 31, 2009). The Credit Line is collateralized by mortgages on certain real estate assets. As of December 31, 2010, the Credit Line had $100,000 of capacity based on the assets collate
ralizing the Credit Line.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>17. NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's interest in its properties is held through the Operating Partnership. ESS Holding Business Trust I, a wholly-owned subsidiary of the Company, is the sole general partner of the Operating Partnership. ESS Business Trust II, also a wholly-owned subsidiary of the Company, is a limited partner of the Operating Partnership. Between its general partner and limited partner interests, the Company held a 95.3% majority ownership interest therein as of December 31, 2010. The remaining ownership interests in the Operating Partnership (including Preferred OP units) of 4.7% are held by certain former owners of assets acquired by the Operating Partnership. As of December 31, 2010, the Operating Partnership had 3,356,963 common OP units outstanding. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The noncontrolling interest in the Operating Partnership represents OP units that are not owned by the Company. In conjunction with the formation of the Company and as a result of subsequent acquisitions, certain persons and entities contributing interests in properties to the Operating Partnership received limited partnership units in the form of either OP units or Contingent Conversion units. Limited partners who received OP units in the formation transactions or in exchange for contributions for interests in properties have the right to require the Operating Partnership to redeem part or all of their OP units for cash based upon the fair market value of an equivalent number of shares of the Company's common stock (10 day average) at the time of the redemption. Alternatively, the Company may, at its option, elect to acquire those OP units in exchange for shares o
f its common stock on a one-for-one basis, subject to anti-dilution adjustments provided in the Operating Partnership agreement. The ten day average closing stock price at December 31, 2010, was $17.41 and there were 3,356,963 OP units outstanding. Assuming that all of the unit holders exercised their right to redeem all of their OP units on December 31, 2010 and the Company elected to pay the non-controlling members cash, the Company would have paid $58,445 in cash consideration to redeem the units. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During July 2010, 90,135 OP units were redeemed for $1,314 in cash. During August 2010, 180,270 OP units were redeemed for $2,802 in cash. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In December 2009, a member of management redeemed 72,643 OP units in exchange for the Company's common stock. This member of management no longer held any OP units after this redemption. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In November 2009, a director redeemed 217,930 OP units in exchange for the Company's common stock. The director no longer held any OP units after this redemption. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During April 2009, 114,928 OP units were redeemed in exchange for the Company's common stock.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> During July 2009, 232,099 OP units were redeemed in exchange for $1,908 in cash. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During October 2008, the Company issued 270,406 OP units valued at $3,621 in conjunction with the acquisition of four properties in Indianapolis, Indiana. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In October 2008, 129,499 OP units were redeemed in exchange for the Company's common stock. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Unlike the OP units, CCUs did not carry any voting rights. Upon the achievement of certain performance thresholds relating to 14 properties, all or a portion of the CCUs automatically converted into OP units. Each CCU was convertible on a one-for-one basis into OP units, subject to customary anti-dilution adjustments. Beginning with the quarter ended March 31, 2006, and ending with the quarter ending December 31, 2008, the Company calculated the net operating income from the 14 wholly-owned properties over the 12-month period ending in such quarter. Within 35 days following the end of each quarter referred to above, some or all of the CCUs were converted so that the total percentage (not to exceed 100%) of CCUs issued in connection with the formation transactions that had been converted to OP units was equal to the percentage determined by dividin
g the net operating income for such period in excess of $5,100 by $4,600. The 55,957 CCUs remaining unconverted through the calculation made in respect of the 12-month period ending December 31, 2008 were cancelled as of February 4, 2009.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> GAAP requires a company to present ownership interests in subsidiaries held by parties other than the company in the consolidated financial statements within the equity section but separate from the company's equity. It also requires the amount of consolidated net income attributable to the parent and to the noncontrolling interest to be clearly identified and presented on the face of the consolidated statement of operations and requires changes in ownership interest to be accounted for similarly as equity transactions. If noncontrolling interests are determined to be redeemable, they are to be carried at their redemption value as of the balance sheet date and reported as temporary equity. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has evaluated the terms of the common OP units and classifies the noncontrolling interest represented by the common OP units as stockholders' equity in the accompanying consolidated balance sheets. The Company will periodically evaluate individual noncontrolling interests for the ability to continue to recognize the noncontrolling amount as permanent equity in the consolidated balance sheets. Any noncontrolling interests that fail to quality as permanent equity will be reclassified as temporary equity and adjusted to the greater of (1) the carrying amount, or (2) its redemption value as of the end of the period in which the determination is made.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>16. NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 15, 2007, the Operating Partnership entered into a Contribution Agreement with various limited partnerships affiliated with AAAAA Rent-A-Space to acquire ten self-storage facilities (the "Properties") in exchange for the issuance of newly designated Preferred OP units of the Operating Partnership. The self-storage facilities are located in California and Hawaii. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 25 and 26, 2007, nine of the ten properties were contributed to the Operating Partnership in exchange for consideration totaling $137,800. Preferred OP units totaling 909,075, with a value of $121,700, were issued along with the assumption of approximately $14,200 of third-party debt, of which $11,400 was paid off at close. The final property was contributed on August 1, 2007 in exchange for consideration totaling $14,700. 80,905 Preferred OP units with a value of $9,800 were issued along with $4,900 of cash. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 25, 2007, the Company loaned the holder of the Preferred OP units $100,000. The note receivable bears interest at 4.85%, and is due September 1, 2017. The loan is secured by the borrower's Preferred OP units. The holder of the Preferred OP units can convert up to 114,500 Preferred OP units prior to the maturity date of the loan. If any redemption in excess of 114,500 Preferred OP units occurs prior to the maturity date, the holder of the Preferred OP units is required to repay the loan as of the date of that Preferred OP unit redemption. Preferred OP units are shown on the balance sheet net of the $100,000 loan because the borrower under the loan receivable is also the holder of the Preferred OP units.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Operating Partnership entered into a Second Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement") which provides for the designation and issuance of the Preferred OP units. The Preferred OP units will have priority over all other partnership interests of the Operating Partnership with respect to distributions and liquidation. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Under the Partnership Agreement, Preferred OP units in the amount of $115,000 bear a fixed priority return of 5% and have a fixed liquidation value of $115,000. The remaining balance will participate in distributions with and have a liquidation value equal to that of the common Operating Partnership units. The Preferred OP units became redeemable at the option of the holder on September 1, 2008, which redemption obligation may be satisfied, at the Company's option, in cash or shares of common stock. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On September 18, 2008, the Operating Partnership entered into a First Amendment to the Second Amended and Restated Agreement of Limited Partnership to clarify tax-related provisions relating to the Preferred OP units. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> GAAP requires a company to present ownership interests in subsidiaries held by parties other than the company in the consolidated financial statements within the equity section but separate from the company's equity. It also requires the amount of consolidated net income attributable to the parent and to the noncontrolling interest to be clearly identified and presented on the face of the consolidated statement of operations and requires changes in ownership interest to be accounted for similarly as equity transactions. If noncontrolling interests are determined to be redeemable, they are to be carried at their redemption value as of the balance sheet date and reported as temporary equity. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has evaluated the terms of the Preferred OP units and classifies the noncontrolling interest represented by the Preferred OP units as stockholders' equity in the accompanying consolidated balance sheets. The Company will periodically evaluate individual noncontrolling interests for the ability to continue to recognize the noncontrolling amount as permanent equity in the consolidated balance sheets. Any noncontrolling interests that fail to quality as permanent equity will be reclassified as temporary equity and adjusted to the greater of (1) the carrying amount, or (2) its redemption value as of the end of the period in which the determination is made.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>8. NOTES PAYABLE </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The components of notes payable are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2"><b>Fixed Rate</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Mortgage and construction loans with banks (including loans subject to interest rate swaps) bearing interest at fixed rates between 4.2% and 7.0%. The loans are collateralized by mortgages on real estate assets and the assignment of rents. Principal and interest payments are made monthly with all outstanding principal and interest due between June 2011 and August 2019. </font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">695,505</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">895,473</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-TOP: 12pt; MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2"><b>Variable Rate</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Mortgage and construction loans with banks bearing floating interest rates based on LIBOR and Prime. Interest rates based on LIBOR are between LIBOR plus 1.5% (1.8% and 1.7% at December 31, 2010 and December 31, 2009, respectively) and LIBOR plus 4.0% (4.3% and 4.2% at December 31, 2010 and December 31, 2009, respectively). Interest rates based on Prime are between Prime plus 0.5% (3.8% at December 31, 2010 and December 31, 2009), and Prime plus 1.5% (4.8% at December 31, 2010 and December 31, 2009). The loans are collateralized by mortgages on real estate assets and the assignment of rents. Principal and interest payments are made monthly with all outstanding principal and interest due between February 2011 and May 2015. </font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">175,898</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">204,120</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">871,403</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,099,593</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The following table summarizes the scheduled maturities of notes payable at December 31, 2010:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2011</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">192,888</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2012</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">57,234</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2013</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">42,445</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2014</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">149,428</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2015</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">204,300</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Thereafter</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">225,108</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">871,403</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Certain mortgage and construction loans with variable rate debt are subject to interest rate floors starting at 4.5%. Real estate assets are pledged as collateral for the notes payable. Also, certain of these notes payable are cross-collateralized with other properties. Of the Company's $871,403 in notes payable outstanding at December 31, 2010, $511,229 were recourse due to guarantees or other security provisions. The Company is subject to certain restrictive covenants relating to the outstanding notes payable. The Company was in compliance with all financial covenants at December 31, 2010.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>10. NOTES PAYABLE TO TRUSTS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> During July 2005, ESS Statutory Trust III (the "Trust III"), a newly formed Delaware statutory trust and a wholly-owned, unconsolidated subsidiary of the Operating Partnership, issued an aggregate of $40,000 of preferred securities which mature on July 31, 2035. In addition, the Trust III issued 1,238 of Trust common securities to the Operating Partnership for a purchase price of $1,238. On July 27, 2005, the proceeds from the sale of the preferred and common securities of $41,238 were loaned in the form of a note to the Operating Partnership ("Note 3"). Note 3 had a fixed rate of 6.91% through July 31, 2010, and is now payable at a variable rate equal to the three-month LIBOR plus 2.40% per annum. The interest on Note 3, payable quarterly, will be used by the Trust III to pay dividends on the trust preferred securities.
The trust preferred securities became redeemable by the Trust with no prepayment premium on July 27, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During May 2005, ESS Statutory Trust II (the "Trust II"), a newly formed Delaware statutory trust and a wholly-owned, unconsolidated subsidiary of the Operating Partnership of the Company, issued an aggregate of $41,000 of preferred securities which mature on June 30, 2035. In addition, the Trust II issued 1,269 of Trust common securities to the Operating Partnership for a purchase price of $1,269. On May 24, 2005, the proceeds from the sale of the preferred and common securities of $42,269 were loaned in the form of a note to the Operating Partnership ("Note 2"). Note 2 had a fixed rate of 6.67% through June 30, 2010, and is now payable at a variable rate equal to the three-month LIBOR plus 2.40% per annum. The interest on Note 2, payable quarterly, will be used by the Trust II to pay dividends on the trust preferred se
curities. The trust preferred securities became redeemable by the Trust with no prepayment premium on June 30, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During April 2005, ESS Statutory Trust I (the "Trust"), a newly formed Delaware statutory trust and a wholly-owned, unconsolidated subsidiary of the Operating Partnership of the Company issued an aggregate of $35,000 of trust preferred securities which mature on June 30, 2035. In addition, the Trust issued 1,083 of Trust common securities to the Operating Partnership for a purchase price of $1,083. On April 8, 2005, the proceeds from the sale of the trust preferred and common securities of $36,083 were loaned in the form of a note to the Operating Partnership (the "Note"). The Note has a variable rate equal to the three-month LIBOR plus 2.25% per annum. Effective June 30, 2010, the Trust entered into an interest rate swap that fixes the interest rate to be paid at 5.62% per annum and matures on June 30, 2015. The interest on the Note, pay
able quarterly, will be used by the Trust to pay dividends on the trust preferred securities. The trust preferred securities became redeemable by the Trust with no prepayment premium on June 30, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Trust, Trust II and Trust III are VIEs because the holders of the equity investment at risk (the trust preferred securities) do not have the power to direct the activities of the entities that most significantly affect the entities' economic performance because of their lack of voting or similar rights. Because the Operating Partnership's investment in the trusts' common securities was financed directly by the trusts as a result of its loan of the proceeds to the Operating Partnership, that investment is not considered to be an equity investment at risk. The Operating Partnership's investment in the trusts is not a variable interest because equity interests are variable interests only to the extent that the investment is considered to be at risk, and therefore the Operating Partnership cannot be the primary beneficiary of the trusts. Since the Company is not the primary ben
eficiary of the trusts, they have not been consolidated. A debt obligation has been recorded in the form of notes as discussed above for the proceeds, which are owed to the Trust, Trust II, and Trust III by the Company. The Company has also recorded its investment in the trusts' common securities as other assets. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has not provided financing or other support during the periods presented to the trusts that it was not previously contractually obligated to provide. The Company's maximum exposure to loss as a result of its involvement with the trusts is equal to the total amount of the notes discussed above less the amounts of the Company's investments in the trusts' common securities. The net amount is the notes payable that the trusts owe to third parties for their investments in the trusts' preferred securities. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Following is a tabular comparison of the carrying amounts of the liabilities the Company has recorded as a result of its involvements with the trusts to the maximum exposure to loss the Company is subject to related to the trusts as of December 31, 2010:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="53"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="75"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes payable<br />
to Trusts as of<br />
December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Investment<br />
Balance </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Maximum<br />
exposure to loss </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Difference </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Trust</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">36,083</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,083</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">35,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Trust II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">42,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">41,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Trust III</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">41,238</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,238</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">40,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">119,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">116,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>7. OTHER ASSETS </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The components of other assets are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 78.67%; PADDING-TOP: 0pt; POSITION: relative; HEIGHT: 440px">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equipment and fixtures</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">13,552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">11,836</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Less: accumulated depreciation</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(10,490</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(9,046</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other intangible assets</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,303</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Deferred financing costs, net</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">14,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">15,458</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Prepaid expenses and deposits</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,173</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Accounts receivable, net</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">15,086</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Investments in Trusts</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Deferred tax asset</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,294</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,576</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">48,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">50,976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>13. OTHER LIABILITIES</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The components of other liabilities are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Deferred rental income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12,194</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12,045</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Lease obligation liability</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,016</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,260</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Fair value of interest rate swaps</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,074</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,111</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Income taxes payable (receivable)</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,353</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,145</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other miscellaneous liabilities</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,338</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,413</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">28,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">24,974</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Included in the lease obligation liability is approximately $2,000 related to minimum rentals to be received in the future under non cancelable subleases. The lease obligation liability increased by $2,000 during the year ended December 31, 2010 as a result of the bankruptcy of a tenant subleasing office space from the Company in Memphis, TN. The Memphis, TN office lease is a liability assumed in the Storage USA acquisition in July 2005. The increase in this liability was recognized through a $2,000 charge which is included as loss on sublease in the consolidated statement of operations.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>18. OTHER NONCONTROLLING INTERESTS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Other noncontrolling interests represent the ownership interests of various third parties in three consolidated self-storage properties as of December 31, 2010. Two of these consolidated properties were under development, and one was in the lease-up stage as of December 31, 2010. The ownership interests of the third party owners range from 5.0% to 27.6%. Other noncontrolling interests are included in the stockholders' equity section of the Company's consolidated balance sheet. The income or losses attributable to these third party owners based on their ownership percentages are reflected in net income allocated to the Operating Partnership and other noncontrolling interests in the consolidated statement of operations. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In October 2010, the Company paid $500 to obtain its joint venture partners' equity interests in three joint ventures: Extra Space of Franklin Blvd. LLC, Extra Space of Washington Avenue LLC and Extra Space of Elk Grove LLC. Each of these joint ventures owned a single pre-stabilized property. These properties are now wholly-owned and consolidated. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 25, 2010, the Company acquired all of its minority partners' membership interests in two consolidated self-storage properties located in New Jersey for a total of $50 in cash. Both of these properties are in the lease-up stage and are now wholly-owned by the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In April 2009, the Company requested a capital contribution from its partners in Westport Ewing LLC, a consolidated joint venture, in order to reduce the joint venture's loan with its current lender. The partners were unable to provide their pro rata share of the funds required to satisfy the lender and deeded their interest in Westport Ewing LLC to the Company on June 1, 2009. As a result, the property held by this joint venture became a wholly-owned property of the Company. The Company recorded a loss of $800 related to the reassessment of the fair value of the property.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>4. PROPERTY ACQUISITIONS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The following table shows the Company's acquisition of operating properties for the years ended December 31, 2010 and 2009 and does not include purchases of raw land or improvements made to existing assets: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 54%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"150%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="150%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="41"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="41"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="36"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="28"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="35"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="40"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="36"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="center" width="87"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"><font size="1"><b>Consideration Paid </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"><font size="1"><b>Acquisition Date Fair Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 52pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Location <!-- COMMAND=ADD_SCROPPEDRULE,52pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Number of<br />
Properties </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date of<br />
Acquisition </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total Paid </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Cash Paid </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Loan<br />
Assumed </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Net<br />
Liabilities/<br />
(Assets)<br />
Assumed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Intangible </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Closing<br />
costs—<br />
expensed </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Source of Acquisition </b></font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Texas</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">12/14/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,414</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,359</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">55</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,221</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">146</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">37</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New York</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">11/23/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">9,727</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,547</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,601</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(421</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,676</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,784</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">209</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">58</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Utah</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">11/23/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,559</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,570</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(11</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,306</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,132</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">106</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">15</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Maryland, Virginia</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10/20/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">16,784</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">16,828</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(44</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,461</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">14,668</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">490</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">165</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Utah</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10/20/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,531</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,514</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">986</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,455</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">80</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alabama</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">8/23/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,593</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,534</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">59</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">416</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,033</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">140</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Florida</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7/15/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,787</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,759</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">625</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,133</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">19</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Georgia</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6/17/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,661</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,551</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">110</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,769</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,487</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">318</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">87</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New York</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5/21/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">9,629</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,231</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,475</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(77</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,802</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,536</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">220</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">71</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Georgia</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">11/12/2009</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,731</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,749</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(18</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,958</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,625</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">108</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">40</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Virginia</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1/23/2009</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,425</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,438</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(13</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,076</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,175</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">52</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated franchisee</font></td></tr></table></div></div></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>3. REAL ESTATE ASSETS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The components of real estate assets are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="10"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Land—operating</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">494,005</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">501,674</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Land—development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">24,284</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">32,635</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Buildings and improvements</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,641,665</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,675,340</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Intangible assets—tenant relationships</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">32,257</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">33,463</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Intangible lease rights</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,150</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,150</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,198,361</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,249,262</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Less: accumulated depreciation and amortization</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(263,042</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(233,830</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net operating real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,935,319</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,015,432</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Real estate under development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">37,083</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">34,427</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,972,402</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,049,859</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Real estate assets held for sale included in net real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,275</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,275</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The Company amortizes to expense intangible assets—tenant relationships on a straight-line basis over the average period that a tenant is expected to utilize the facility (currently estimated at 18 months). The Company amortizes to expense the intangible lease rights over the terms of the related leases. Amortization related to the tenant relationships and lease rights was $907, $1,905, and $4,760 for the years ended December 31, 2010, 2009 and 2008, respectively. The remaining balance of the unamortized lease rights will be amortized over the next 7 to 51 years. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On April 10, 2009, the Company sold vacant land in Los Angeles, California for cash of $4,652. A loss of $343 was recorded as a result of this sale, and is included in unrecovered development and acquisition costs in the consolidated statement of operations. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 19, 2008, the Company sold an undeveloped parcel of vacant land in Antelope, California for its book value of $340. There was no gain or loss recognized on the sale.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>14. RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company provides management services to certain joint ventures, franchise, third parties and other related party properties. Management agreements provide generally for management fees of 6% of cash collected from total revenues for the management of operations at the self-storage facilities. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Management fee revenues for related party and affiliated real estate joint ventures are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 62%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"130%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="130%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="left" width="201"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 22pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Entity <!-- COMMAND=ADD_SCROPPEDRULE,22pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Type </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESW</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">403</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESW II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESNPS</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">458</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">452</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">466</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESSM</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">44</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">11</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">HSRE</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,917</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,076</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,964</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,989</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,147</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA III</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,722</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,774</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">VRS</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,136</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,128</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,175</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">WCOT</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,468</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,536</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">SP I</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,243</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,296</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">SPB II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,003</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Everest</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">491</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">359</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Franchisees, third parties and other</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,041</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,189</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">23,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,945</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Receivables from related parties and affiliated real estate joint ventures balances are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Mortgage notes receivable</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other receivables from properties</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,118</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10,061</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Other receivables from properties consist of amounts due for management fees and expenses paid on behalf of the properties that the Company manages. The Company believes that all of these related party and affiliated real estate joint venture receivables are fully collectible. The Company does not have any payables to related parties at December 31, 2010 and 2009. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In January 2009, the Company purchased a lender's interest in a construction loan from a joint venture that owns a single property located in Sacramento, CA. The construction loan was to ESS of Sacramento One, LLC, a joint venture in which the Company owns a 50% interest, and was guaranteed by the Company. In July 2009, the Company purchased a lender's interest in a mortgage note from a joint venture that owns a single property located in Chicago, IL. The note was to Extra Space of Montrose, a joint venture in which the Company holds a 39% interest, and was also guaranteed by the Company. Both ESS of Sacramento One, LLC and Extra Space of Montrose were consolidated as of December 31, 2009, as each joint venture was considered to be a VIE of which the Company was the primary beneficiary. The construction loan and mortgage note receivable were elimi
nated by the Company in consolidation as of December 31, 2009. On January 1, 2010, the Company adopted changes to the accounting guidance in ASC 810, </font><font size="2"><i>"Consolidation."</i></font><font size="2"> As a result of the adoption of this new guidance, the Company determined that these joint ventures should no longer be consolidated as the power to direct the activities that most significantly impact these entities' economic performance is shared equally by the Company and their joint venture partners, and therefore there is no primary beneficiary of either joint venture. The Company therefore deconsolidated these joint ventures as of January 1, 2010, and removed the associated assets and liabilities from its books. The $3,039 note receivable from Extra Space of Montrose and the $3,904 loan receivable from ESS of Sacramento One, LLC are no longer eliminated in consolidation as the Company now accounts for its interest in t
hese joint ventures using the equity method of accounting.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> Centershift, a related party service provider, is partially owned by a certain director and certain members of management of the Company. Effective January 1, 2004, the Company entered into a license agreement with Centershift which secures a perpetual right for continued use of STORE (the site management software used at all sites operated by the Company) in all aspects of the Company's property acquisition, development, redevelopment and operational activities. During the years ended December 31, 2010, 2009 and 2008, the Company paid Centershift $778, $1,081, and $989, respectively, relating to the purchase of software and to license agreements. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has entered into an aircraft dry lease and service and management agreement with SpenAero, L.C. ("SpenAero") an affiliate of Spencer F. Kirk, the Company's Chairman and Chief Executive Officer. Under the terms of the agreement, the Company pays a defined hourly rate for use of the aircraft. During the years ended December 31, 2010, 2009 and 2008, the Company paid SpenAero $668, $631, and $440, respectively. The services that the Company receives from SpenAero are similar in nature and price to those that are provided to other outside third parties.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>22. SEGMENT INFORMATION</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company operates in three distinct segments; (1) property management, acquisition and development; (2) rental operations; and (3) tenant reinsurance. Financial information for the Company's business segments are set forth below:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="10"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2"><b>Balance Sheet</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Investment in real estate ventures</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">140,560</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">130,449</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">400,910</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">466,399</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,831,150</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,922,643</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">16,408</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">18,514</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,248,468</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,407,556</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="9"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="6"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="6"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="6"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2"><b>Statement of Operations</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Total revenues</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">23,122</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20,961</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20,945</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">232,447</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">238,256</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">235,695</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">25,928</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20,929</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">16,091</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">281,497</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">280,146</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">272,731</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Operating expenses, including depreciation and amortization</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">49,762</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">64,246</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">42,577</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">134,415</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">138,552</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">132,626</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,505</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,461</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,066</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">190,682</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">208,259</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">180,269</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Income (loss) from operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(26,640</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(43,285</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(21,632</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">98,032</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">99,704</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">103,069</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">19,423</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">15,468</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,025</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">90,815</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">71,887</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">92,462</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Interest expense</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(3,126</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(3,463</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,639</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(62,654</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(66,355</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(63,032</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(65,780</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(69,818</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(68,671</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Interest income</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">889</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,563</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,227</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">9</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">19</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">172</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">898</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,582</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,399</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Interest income on note receivable from Preferred Operating Partnership unit holder</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,850</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,850</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,850</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Gain on repurchase of exchangeable senior notes</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">27,928</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,311</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Loss on sale of investments available for sale</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,415</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Equity in earnings of real estate ventures</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,753</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,964</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,932</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Income tax expense</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(4,162</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(4,300</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(519</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Net income (loss)</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(24,027</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(12,407</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(14,298</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">42,131</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40,313</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">46,969</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">15,270</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,187</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">10,678</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">33,374</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">39,093</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">43,349</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2"><b>Depreciation and amortization expense</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,099</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,786</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,462</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">48,250</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">49,617</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">48,104</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50,349</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">52,403</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">49,566</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2"><b>Statement of Cash Flows</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Acquisition of real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(69,588</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(38,185</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(127,293</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Development and construction of real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(36,062</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(67,301</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(66,071</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>19. STOCK-BASED COMPENSATION</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has the following plans under which shares were available for grant at December 31, 2010: </font></p>
<ul>
<li style="list-style: none">
<dl compact="compact">
<dt style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"><font size="2">•</font></dt>
<dd style="FONT-FAMILY: times"><font size="2">The 2004 Long-Term Incentive Compensation Plan as amended and restated, effective March 25, 2008, and</font> <font size="2"><br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: times"><font size="2">•</font></dt>
<dd style="FONT-FAMILY: times"><font size="2">The 2004 Non-Employee Directors' Share Plan (together, the "Plans"). </font></dd></dl></li></ul>
<p style="FONT-FAMILY: times"><font size="2"> Option grants are issued with an exercise price equal to the closing price of stock on the date of grant. Unless otherwise determined by the Compensation, Nominating and Governance Committee at the time of grant, options shall vest ratably over a four-year period beginning on the date of grant. Each option will be exercisable once it has vested. Options are exercisable at such times and subject to such terms as determined by the Compensation, Nominating and Governance Committee, but under no circumstances may be exercised if such exercise would cause a violation of the ownership limit in the Company's charter. Options expire after 10 years from the date of grant. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Also as defined under the terms of the Plans, restricted stock grants may be awarded. The stock grants are subject to a performance or vesting period over which the restrictions are released and the stock certificates are given to the grantee. During the performance or vesting period, the grantee is not permitted to sell, transfer, pledge, encumber or assign shares of restricted stock granted under the Plans, however, the grantee has the ability to vote the shares and receive nonforfeitable dividends paid on shares. Unless otherwise determined by the Compensation, Nominating and Governance Committee at the time of grant, the forfeiture and transfer restrictions on the shares lapse over a four-year period beginning on the date of grant. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> As of December 31, 2010, 3,046,273 shares were available for issuance under the Plans. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Option Grants </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> A summary of stock option activity is as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 62%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"130%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="130%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="86"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="82"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="82"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 28pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Options <!-- COMMAND=ADD_SCROPPEDRULE,28pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Number of Shares </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Weighted Average<br />
Exercise Price </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Weighted Average<br />
Remaining<br />
Contractual Life<br />
(Years) </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Aggregate Intrinsic<br />
Value as of<br />
December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Outstanding at December 31, 2007</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,651,718</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14.54</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Granted</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">380,000</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">15.57</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Exercised</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(146,795</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">13.09</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Forfeited</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(43,000</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14.26</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Outstanding at December 31, 2008</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,841,923</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14.76</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Granted</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">723,000</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6.22</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Forfeited</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(107,875</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">13.36</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Outstanding at December 31, 2009</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,457,048</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">13.02</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Granted</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">308,680</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11.75</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Exercised</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(484,261</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11.69</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Forfeited</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(175,562</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">12.27</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Outstanding at December 31, 2010</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,105,905</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">13.13</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5.88</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">13,880</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Vested and Expected to Vest</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,960,347</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">13.30</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5.75</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">12,749</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Ending Exercisable</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,072,075</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14.48</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4.77</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,500</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The aggregate intrinsic value in the table above represents the total value (the difference between the Company's closing stock price on the last trading day of 2010 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on December 31, 2010. The amount of aggregate intrinsic value will change based on the fair market value of the Company's stock. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The weighted average fair value of stock options granted in 2010, 2009 and 2008 was $3.27, $1.31, and $1.83, respectively. The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="25"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="25"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="25"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Expected volatility</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">47</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">42</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Dividend yield</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6.6</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6.5</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Risk-free interest rate</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2.3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1.7</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2.7</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Average expected term (years)</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The Black-Scholes model incorporates assumptions to value stock-based awards. The risk-free rate is based on the U.S. Treasury yield curve in effect at the time of the grant for the estimated life of the option. The Company uses actual historical data to calculate the expected price volatility, dividend yield and average expected term. The forfeiture rate, which is estimated at a weighted-average of 15.7% of unvested options outstanding as of December 31, 2010, is adjusted periodically based on the extent to which actual forfeitures differ, or are expected to differ, from the previous estimates. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> A summary of stock options outstanding and exercisable as of December 31, 2010 is as follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 54%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"150%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="150%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="82"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="82"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="82"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Options Outstanding </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>Options Exercisable </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 50pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Exercise Price <!-- COMMAND=ADD_SCROPPEDRULE,50pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Shares </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Weighted Average<br />
Remaining<br />
Contractual Life</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Weighted Average<br />
Exercise Price </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Shares </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Weighted Average<br />
Exercise Price </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">$6.22—$11.59</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">742,680</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8.42</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7.78</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">50,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6.22</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">$11.60—$12.50</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">812,699</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.14</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12.47</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">735,299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12.50</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">$12.51—$15.53</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">839,775</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">14.83</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">708,025</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">14.86</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">$15.54—$19.00</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">510,751</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.50</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">16.49</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">428,751</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">16.33</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">$19.01—$19.91</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">200,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6.14</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">19.91</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">150,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">19.91</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">$6.22—$19.91</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,105,905</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.88</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">13.13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,072,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">14.48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The Company recorded compensation expense relating to outstanding options of $801, $831, and $970 in general and administrative expense for the years ended December 31, 2010, 2009 and 2008, respectively. Total cash received for the years ended December 31, 2010, 2009 and 2008 related to option exercises was $5,661, $0, and $2,063, respectively. At December 31, 2010, there was $1,082 of total unrecognized compensation expense related to non-vested stock options under the Company's 2004 Long-Term Incentive Compensation Plan. That cost is expected to be recognized over a weighted-average period of 2.1 years. The valuation model applied in this calculation utilizes subjective assumptions that could potentially change over time, including the expected forfeiture rate. Therefore, the amount of unrecognized compensation expense at December&n
bsp;31, 2010, noted above does not necessarily represent the expense that will ultimately be realized by the Company in the statement of operations.</font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Common Stock Granted to Employees and Directors </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> For the years ended December 31, 2010, 2009 and 2008, the Company granted 445,230, 547,265, and 361,624 shares, respectively of common stock to certain employees and directors, without monetary consideration under the Plans. The Company recorded $3,779, $2,978 and $2,530 of expense in general and administrative expense in its statement of operations related to outstanding shares of common stock granted to employees and directors for the years ended December 31, 2010, 2009 and 2008, respectively. The forfeiture rate, which is estimated at a weighted-average of 7.0% of unvested awards outstanding as of December 31, 2010, is adjusted periodically based on the extent to which actual forfeitures differ, or are expected to differ, from the previous estimates. At December 31, 2010, there was $6,000 of total unrecognized compensation expense rela
ted to non-vested restricted stock awards under the Company's 2004 Long-Term Incentive Compensation Plan. That cost is expected to be recognized over a weighted-average period of 2.4 years. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The fair value of common stock awards is determined based on the closing trading price of the Company's common stock on the grant date. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> A summary of the Company's employee and director share grant activity is as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="103"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 85pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Restricted Stock Grants <!-- COMMAND=ADD_SCROPPEDRULE,85pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Shares </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Weighted-Average<br />
Grant-Date Fair Value</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Unreleased at December 31, 2007</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">211,972</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">17.23</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Granted</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">361,624</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">15.69</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Released</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(122,206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">16.45</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Cancelled</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(10,186</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">17.21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Unreleased at December 31, 2008</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">441,204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">16.21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Granted</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">547,265</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6.19</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Released</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(198,284</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">13.51</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Cancelled</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(21,256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9.82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Unreleased at December 31, 2009</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">768,929</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9.95</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Granted</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">445,230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12.22</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Released</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(228,885</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">11.08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Cancelled</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(64,010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10.11</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Unreleased at December 31, 2010</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">921,264</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10.75</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>25. SUBSEQUENT EVENTS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> On January 18, 2011, the Company closed a CMBS loan for $82,185. The loan has a 10-year term and a fixed interest rate of 5.8%. The loan is collateralized by certain real estate assets. Proceeds from the loan will be used for general corporate purposes and to repay other debt.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Basis of Presentation</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The consolidated financial statements are presented on the accrual basis of accounting in accordance with U.S. generally accepted accounting principles ("GAAP") and include the accounts of the Company and its wholly or majority owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company accounts for arrangements that are not controlled through voting or similar rights as variable interest entities ("VIEs"). An enterprise is required to consolidate a VIE if it is the primary beneficiary of the VIE. A VIE is created when (i) the equity investment at risk is not sufficient to permit the entity to finance its activities without additional subordinated financial support from other parties, or (ii) the entity's equity holders as a group either: (a) lack the power, through voting or similar rights, to direct the activities of the entity that most significantly impact the entity's economic performance, (b) are not obligated to absorb expected losses of the entity if they occur, or (c) do not have the right to receive expected residual returns of the entity if they occur. If an entity is deemed to be a VIE, t
he enterprise that is deemed to have a variable interest, or combination of variable interests, that provides the enterprise with a controlling financial interest in the VIE, is considered the primary beneficiary and must consolidate the VIE </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has concluded that under certain circumstances when the Company (1) enters into option agreements for the purchase of land or facilities from an entity and pay a non-refundable deposit, or (2) enters into arrangements for the formation of joint ventures, a VIE may be created under condition (i), (ii) (b) or (c) of the previous paragraph. For each VIE created, the Company has performed a qualitative analysis, including considering which party, if any, has the power to direct the activities most significant to the economic performance of each VIE and whether that party has the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could be significant to the VIE. If the Company is determined to be the primary beneficiary of the VIE, the assets, liabilities and operations of th
e VIE are consolidated with the Company's financial statements. Additionally, the Operating Partnership has notes payable to three trusts that are VIEs under condition (ii)(a) above. Since the Operating Partnership is not the primary beneficiary of the trusts, these VIEs are not consolidated. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's investments in real estate joint ventures, where the Company has significant influence, but not control, and joint ventures which are VIEs in which the Company is not the primary beneficiary, are recorded under the equity method of accounting on the accompanying consolidated financial statements. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Use of Estimates </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Reclassifications </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Certain amounts in the 2009 and 2008 financial statements and supporting note disclosures have been reclassified to conform to the current year presentation. Such reclassifications did not impact previously reported net income or accumulated deficit.</font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Fair Value Disclosures</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"><i>Assets and Liabilities Measured at Fair Value on a Recurring Basis </i></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The following table provides information for each major category of assets and liabilities that are measured at fair value on a recurring basis: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 54%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"150%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="150%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="10"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="110"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="86"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="96"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Fair Value Measurements at Reporting Date Using</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left" colspan="2">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 41pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Description <!-- COMMAND=ADD_SCROPPEDRULE,41pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Quoted Prices in Active<br />
Markets for Identical<br />
Assets (Level 1) </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Significant Other<br />
Observable Inputs<br />
(Level 2) </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Significant<br />
Unobservable Inputs<br />
(Level 3)</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,813</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,813</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,439</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,439</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(643</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(643</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(475</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(475</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(562</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(562</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,142</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,142</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(6,074</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(6,074</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> There were no transfer of assets and liabilities between Level 1 and Level 2 during 2010. The Company did not have any significant assets or liabilities that are re-measured on a recurring basis using significant unobservable inputs for the years ended December 31, 2010 or 2009. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><i>Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis </i></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Long lived assets held for use are evaluated by the Company for impairment when events or circumstances indicate that there may be impairment. The Company reviews each self-storage facility at least annually to determine if any such events or circumstances have occurred or exist. The Company focuses on facilities where occupancy and/or rental income have decreased by a significant amount. For these facilities, the Company determines whether the decrease is temporary or permanent and whether the facility will likely recover the lost occupancy and/or revenue in the short term. In addition, the Company carefully reviews facilities in the lease-up stage and compares actual operating results to original projections. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> When the Company determines that an event that may indicate impairment has occurred, the Company compares the carrying value of the related long-lived assets to the undiscounted future net operating cash flows attributable to the assets. An impairment loss is recorded if the net carrying value of the assets exceeds the undiscounted future net operating cash flows attributable to the assets. The impairment loss recognized equals the excess of net carrying value over the related fair value of the assets. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> When real estate assets are identified by management as held for sale, the Company discontinues depreciating the assets and estimates the fair value of the assets, net of selling costs. If the estimated fair value, net of selling costs, of the assets that have been identified for sale is less than the net carrying value of the assets, then a valuation allowance is established. The operations of assets held for sale or sold during the period are generally presented as discontinued operations for all periods presented. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company assesses whether there are any indicators that the value of the Company's investments in unconsolidated real estate ventures may be impaired annually and when events or circumstances indicate that there may be impairment. An investment is impaired if management's estimate of the fair value of the investment is less than its carrying value. To the extent impairment has occurred, and is considered to be other than temporary, the loss is measured as the excess of the carrying amount of the investment over the fair value of the investment. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 2, 2009, the Company announced the wind-down of its development activities. As a result of this change, the Company reviewed its properties under construction, unimproved land and its investment in development joint ventures for potential impairments. This review included the preparation of updated models based on current market conditions, obtaining appraisals and reviewing recent sales and list prices of undeveloped land and mature self storage facilities. Based on this review, the Company identified certain assets as being impaired. The impairments relating to long-lived assets where the Company intends to complete the development and hold the asset are the result of the estimated undiscounted future cash flows being less than the current carrying value of the assets. The Company compared the carrying value of certain undeveloped land and seven vacant co
ndominiums that the Company intends to sell to the fair market value of similar undeveloped land and condominiums. For the assets that the Company intends to sell, where the current estimated fair market value less costs to sell was below the carrying value, the Company reduced the carrying value of the asset to the current fair market value less selling costs and recorded an impairment charge. These assets are classified as held for sale. The impairments relating to investments in development joint ventures are the result of the Company comparing the estimated current fair market value to the carrying value of the investment. For those investments in development joint ventures where the current estimated fair market value was below the carrying value, the Company reduced the investment to the current fair market value through an impairment charge. Losses relating to changes in fair value have been included in unrecovered development and acquisition costs on the Company's statements of operations for the yea
r ended December 31, 2009. No impairment losses were recorded during the year ended December 31, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> As of December 31, 2010, the Company did not have any assets or liabilities measured at fair value on a nonrecurring basis. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><i>Fair Value of Financial Instruments </i></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The carrying values of cash and cash equivalents, restricted cash, receivables, other financial instruments included in other assets, accounts payable and accrued expenses, variable rate notes payable and notes payable to trusts, lines of credit and other liabilities reflected in the consolidated balance sheets at December 31, 2010 and 2009 approximate fair value. The fair values of the Company's notes receivable, fixed rate notes payable and notes payable to trusts and exchangeable senior notes are as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Fair<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Carrying<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Fair<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Carrying<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Note receivable from Preferred Operating Partnership unit holder</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">115,696</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">100,000</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">112,740</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">100,000</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Fixed rate notes payable and notes payable to trusts</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">777,575</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">731,588</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,067,653</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,015,063</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Exchangeable senior notes</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">118,975</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">87,663</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">110,122</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">87,663</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"><b>Real Estate Assets </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Real estate assets are stated at cost, less accumulated depreciation. Direct and allowable internal costs associated with the development, construction, renovation, and improvement of real estate assets are capitalized. Interest, property taxes, and other costs associated with development incurred during the construction period are capitalized. Capitalized interest during the years ended December 31, 2010, 2009 and 2008 was $2,013, $4,148, and $5,506, respectively. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Expenditures for maintenance and repairs are charged to expense as incurred. Major replacements and betterments that improve or extend the life of the asset are capitalized and depreciated over their estimated useful lives. Depreciation is computed using the straight-line method over the estimated useful lives of the buildings and improvements, which are generally between five and 39 years. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In connection with the Company's acquisition of self-storage facilities, the purchase price is allocated to the tangible and intangible assets and liabilities acquired based on their fair values, which are estimated using significant unobservable inputs. The value of the tangible assets, consisting of land and buildings, are determined as if vacant. Intangible assets, which represent the value of existing tenant relationships, are recorded at their fair values based on the avoided cost to replace the current leases. The Company measures the value of tenant relationships based on the rent lost due to the amount of time required to replace existing customers which is based on the Company's historical experience with turnover in its facilities. Debt assumed as part of an acquisition is recorded at fair value based on current interest rates compared to contractual rates. Acquis
ition-related transaction costs incurred after December 31, 2008 have been expensed as incurred. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Intangible lease rights represent: (1) purchase price amounts allocated to leases on two properties that cannot be classified as ground or building leases; these rights are amortized to expense over the life of the leases and (2) intangibles related to ground leases on four properties where the leases were assumed by the Company at rates that were lower than the current market rates for similar leases. The value associated with these assumed leases were recorded as intangibles, which will be amortized over the lease terms. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Investments in Real Estate Ventures </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's investments in real estate joint ventures, where the Company has significant influence, but not control and joint ventures which are VIEs in which the Company is not the primary beneficiary, are recorded under the equity method of accounting in the accompanying consolidated financial statements. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Under the equity method, the Company's investment in real estate ventures is stated at cost and adjusted for the Company's share of net earnings or losses and reduced by distributions. Equity in earnings of real estate ventures is generally recognized based on the Company's ownership interest in the earnings of each of the unconsolidated real estate ventures. For the purposes of presentation in the statement of cash flows, the Company follows the "look through" approach for classification of distributions from joint ventures. Under this approach, distributions are reported under operating cash flow unless the facts and circumstances of a specific distribution clearly indicate that it is a return of capital (e.g., a liquidating dividend or distribution of the proceeds from the joint venture's sale of assets), in which case it is reported as an investing activity. &l
t;/font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Cash and Cash Equivalents</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's cash is deposited with financial institutions located throughout the United States of America and at times may exceed federally insured limits. The Company considers all highly liquid debt instruments with a maturity date of three months or less to be cash equivalents. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Restricted Cash </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Restricted cash is comprised of letters of credit and escrowed funds deposited with financial institutions located in various states relating to earnest money deposits on potential acquisitions, real estate taxes, insurance, capital expenditures and lease liabilities. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Other Assets </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Other assets consist primarily of equipment and fixtures, deferred financing costs, customer accounts receivable, investments in trusts, other intangible assets, deferred tax assets and prepaid expenses. Depreciation of equipment and fixtures is computed on a straight-line basis over three to five years. Deferred financing costs are amortized to interest expense using the effective interest method over the terms of the respective debt agreements. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Derivative Instruments and Hedging Activities </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The accounting for changes in the fair value of derivatives depends on the intended use of the derivative and the resulting designation. Derivatives used to hedge the exposure to changes in the fair value of an asset, liability or firm commitment attributable to a particular risk are considered fair value hedges. Derivatives used to hedge the exposure to variability in expected future cash flows or other types of forecasted transactions are considered cash flow hedges. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> For derivatives designated as fair value hedges, changes in the fair value of the derivative and the hedged item related to the hedged risk are recognized in the statements of operations. For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income, outside of earnings, and subsequently reclassified to earnings when the hedged transaction affects earnings. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Risk Management and Use of Financial Instruments </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> In the normal course of its on-going business operations, the Company encounters economic risk. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk on its interest-bearing liabilities. Credit risk is the risk of inability or unwillingness of tenants to make contractually required payments. Market risk is the risk of declines in the value of properties due to changes in rental rates, interest rates or other market factors affecting the value of properties held by the Company. The Company has entered into interest rate swap agreements to manage a portion of its interest rate risk. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Conversion of Operating Partnership Units </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Conversions of Operating Partnership units to common stock, when converted under the original provisions of the Operating Partnership agreement, are accounted for by reclassifying the underlying net book value of the units from noncontrolling interest to the Company's equity. The difference between the fair value of the consideration paid and the adjustment to the carrying amount of the noncontrolling interest is recognized as additional paid in capital for the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Revenue and Expense Recognition</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Rental revenues are recognized as earned based upon amounts that are currently due from tenants. Leases are generally on month-to-month terms. Prepaid rents are recognized on a straight-line basis over the term of the leases. Promotional discounts are recognized as a reduction to rental income over the promotional period. Late charges, administrative fees, merchandise sales and truck rentals are recognized as income when earned. Management and franchise fee revenues are recognized monthly as services are performed and in accordance with the terms of the related management agreements. Tenant reinsurance premiums are recognized as revenue over the period of insurance coverage. Equity in earnings of real estate entities is recognized based on our ownership interest in the earnings of each of the unconsolidated real estate entities. Interest income is recognized as earned. <
/font></p>
<p style="FONT-FAMILY: times"><font size="2"> Property expenses, including utilities, property taxes, repairs and maintenance and other costs to manage the facilities are recognized as incurred. The Company accrues for property tax expense based upon invoice amounts, estimates and historical trends. If these estimates are incorrect, the timing of expense recognition could be affected. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Real Estate Sales </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> In general, sales of real estate and related profits/losses are recognized when all consideration has changed hands and risks and rewards of ownership have been transferred. Certain types of continuing involvement preclude sale treatment and related profit recognition; other forms of continuing involvement allow for sale recognition but require deferral of profit recognition. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Advertising Costs </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company incurs advertising costs primarily attributable to directory, direct mail, internet and other advertising. Direct response advertising costs are deferred and amortized over the expected benefit period determined to be 12 months. All other advertising costs are expensed as incurred. The Company recognized $6,430, $5,892, and $5,935 in advertising expense for the years ended December 31, 2010, 2009 and 2008, respectively. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Income Taxes </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has elected to be treated as a REIT under Sections 856 through 860 of the Internal Revenue Code. In order to maintain its qualification as a REIT, among other things, the Company is required to distribute at least 90% of its REIT taxable income to its stockholders and meet certain tests regarding the nature of its income and assets. As a REIT, the Company is not subject to federal income tax with respect to that portion of its income which meets certain criteria and is distributed annually to stockholders. The Company plans to continue to operate so that it meets the requirements for taxation as a REIT. Many of these requirements, however, are highly technical and complex. If the Company were to fail to meet these requirements, it would be subject to federal income tax. The Company is subject to certain state and local taxes. Provision for such taxes ha
s been included in income tax expense on the Company's consolidated statements of operations. For the year ended December 31, 2010, 0.1% (unaudited) of all distributions to stockholders qualifies as a return of capital. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has elected to treat one of its corporate subsidiaries, Extra Space Management, Inc., as a taxable REIT subsidiary ("TRS"). In general, the Company's TRS may perform additional services for tenants and generally may engage in any real estate or non-real estate related business (except for the operation or management of health care facilities or any lodging facilities or the provision to any person, under a franchise, license or otherwise, of rights to any brand name under which lodging facility or health care facility is operated). A TRS is subject to corporate federal income tax. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities. At December 31, 2010 and 2009, there were no material unrecognized tax benefits. Interest and penalties relating to uncertain tax positions will be recognized in income tax expense when incurred. As of December 31, 2010 and 2009, the Company had no interest or penalties related to uncertain tax provisions. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Stock-Based Compensation</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The measurement and recognition of compensation expense for all share-based payment awards to employees and directors are based on estimated fair values. Awards granted are valued at fair value and any compensation element is recognized on a straight line basis over the service periods of each award. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Net Income Per Share</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Basic net income per common share is computed by dividing net income by the weighted average common shares outstanding including unvested share based payment awards that contain a non-forfeitable right to dividends or dividend equivalents. Diluted earnings per common share measures the performance of the Company over the reporting period while giving effect to all potential common shares that were dilutive and outstanding during the period. The denominator includes the weighted average number of basic shares and the number of additional common shares that would have been outstanding if the potential common shares that were dilutive had been issued and is calculated using either the treasury stock or if-converted method. Potential common shares are securities (such as options, warrants, convertible debt, Contingent Conversion Shares ("CCSs"), Contingent Conversion Units ("CC
Us"), exchangeable Series A Participating Redeemable Preferred Operating Partnership units ("Preferred OP units") and exchangeable Operating Partnership units ("OP units")) that do not have a current right to participate in earnings but could do so in the future by virtue of their option or conversion right. In computing the dilutive effect of convertible securities, net income is adjusted to add back any changes in earnings in the period associated with the convertible security. The numerator also is adjusted for the effects of any other non-discretionary changes in income or loss that would result from the assumed conversion of those potential common shares. In computing diluted earnings per share, only potential common shares that are dilutive, those that reduce earnings per share, are included. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's Operating Partnership has $87,663 of exchangeable senior notes issued and outstanding as of December 31, 2010 that also can potentially have a dilutive effect on its earnings per share calculations. The exchangeable senior notes are exchangeable by holders into shares of the Company's common stock under certain circumstances per the terms of the indenture governing the exchangeable senior notes. The exchangeable senior notes are not exchangeable unless the price of the Company's common stock is greater than or equal to 130% of the applicable exchange price for a specified period during a quarter, or unless certain other events occur. The exchange price was $23.45 per share at December 31, 2010, and could change over time as described in the indenture. The price of the Company's common stock did not exceed 130% of the exchange price for the sp
ecified period of time during the fourth quarter of 2010; therefore holders of the exchangeable senior notes may not elect to convert them during the first quarter of 2011. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has irrevocably agreed to pay only cash for the accreted principal amount of the exchangeable senior notes relative to its exchange obligations, but has retained the right to satisfy the exchange obligations in excess of the accreted principal amount in cash and/or common stock. Though the Company has retained that right, Accounting Standards Codification ("ASC") 260, "</font><font size="2"><i>Earnings Per Share,"</i></font><font size="2"> requires an assumption that shares will be used to pay the exchange obligations in excess of the accreted principal amount, and requires that those shares be included in the Company's calculation of weighted average common shares outstanding for the diluted earnings per share computation. No shares were included in the computation at December 31, 2010, 2009 or 2008 because there was
no excess over the accreted principal for the period. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> For the purposes of computing the diluted impact on earnings per share of the potential conversion of Preferred OP units into common shares, where the Company has the option to redeem in cash or shares and where the Company has stated the positive intent and ability to settle at least $115,000 of the instrument in cash (or net settle a portion of the Preferred OP units against the related outstanding note receivable), only the amount of the instrument in excess of $115,000 is considered in the calculation of shares contingently issuable for the purposes of computing diluted earnings per share as allowed by ASC 260-10-45-46.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> For the years ended December 31, 2010, 2009 and 2008, options to purchase approximately 1,788,142 shares, 4,925,153 shares, and 1,870,423 shares of common stock, respectively, were excluded from the computation of earnings per share as their effect would have been anti-dilutive. All restricted stock grants have been included in basic and diluted shares outstanding because such shares earn a non-forfeitable dividend and carry voting rights. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The computation of net income per share is as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="10"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="68"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="68"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="68"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income attributable to common stockholders</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">26,331</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">31,977</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">35,781</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Add: Income allocated to noncontrolling interest—Preferred Operating Partnership and Operating Partnership</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">7,096</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">8,012</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">8,444</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Subtract: Fixed component of income allocated to noncontrolling interest—Preferred Operating Partnership</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,750</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,750</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,751</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income for diluted computations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">27,677</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">34,239</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">38,474</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Weighted average common shares outstanding:</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Average number of common shares outstanding—basic</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">87,324,104</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">86,343,029</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">76,996,754</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Operating Partnership units</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,356,963</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,627,368</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,264,968</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Preferred Operating Partnership units</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">989,980</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">989,980</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">989,980</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Dilutive and cancelled stock options and CCS/CCU conversions</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">379,406</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">122,457</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">101,286</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Average number of common shares outstanding—diluted</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">92,050,453</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">91,082,834</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">82,352,988</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income per common share</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Basic</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.30</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.37</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.46</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Diluted</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.30</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.37</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.46</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"><b>Recently Issued Accounting Standards </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> In January 2010, the FASB issued new fair value measurements and disclosures standards to increase the transparency of these measures. The standards revise two disclosure requirements concerning fair value measurements and clarify two others. They require separate presentation of significant transfers into and out of Levels 1 and 2 of the fair value hierarchy and disclosure of the reasons for such transfers. They will also require the presentation of purchases, sales, issuances, and settlements within Level 3 on a gross basis rather than a net basis. The amendments also clarify that disclosures should be disaggregated by class of asset or liability and that disclosures about inputs and valuation techniques should be provided for both recurring and non-recurring fair value measurements. These new disclosure requirements were effective for the period ended M
arch 31, 2010, except for the requirement concerning gross presentation of Level 3 activity, which is effective for fiscal years beginning after December 15, 2010. The adoption of the new standards did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> In June 2009, the FASB issued changes to ASC 810, </font><font size="2"><i>"Consolidation,"</i></font><font size="2"> which amended guidance for determining whether an entity is a VIE, and requires the performance of a qualitative rather than a quantitative analysis to determine the primary beneficiary of a VIE. Under this guidance, an entity would be required to consolidate a VIE if it has (i) the power to direct the activities that most significantly impact the entity's economic performance and (ii) the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could be significant to the VIE. This guidance became effective for the first annual reporting period that began after November 15, 2009, with early adoption prohibited. The Company adopted this guidance effective January&
amp;nbsp;1, 2010 and reviewed the terms of all joint ventures in relation to the new guidance. As a result of this analysis, the Company determined that five joint ventures that were consolidated under the previous accounting guidance should be deconsolidated as of January 1, 2010. The assets and liabilities associated with these joint ventures were removed from the Company's financial statements and the Company's investments in these joint ventures were recorded under the equity method of accounting during the year ended December 31, 2010.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>24. SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="67"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"><font size="1"><b>Three months ended </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>March 31,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>June 30,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>September 30,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Revenues</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">67,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">68,777</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">71,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">73,154</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Cost of operations</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">46,724</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">45,971</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">48,418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">49,569</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Revenues less cost of operations</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,863</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">22,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">23,561</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">23,585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,179</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9,482</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10,788</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income attributable to common stockholders</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,568</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,667</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8,916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income—basic</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income—diluted</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> <br /></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="67"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"><font size="1"><b>Three months ended </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>March 31,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>June 30,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>September 30,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Revenues</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">69,247</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">69,065</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">71,113</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">70,721</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Cost of operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">47,324</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">66,691</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">47,896</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">46,348</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Revenues less cost of operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">21,923</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,374</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">23,217</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">24,373</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income (loss)</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">30,762</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(6,681</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">7,574</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">7,438</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income (loss) attributable to common stockholders</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">27,619</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(7,541</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,967</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,932</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income (loss)—basic</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.32</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(0.09</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income (loss)—diluted</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.32</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(0.09</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
Extra Space Storage Inc.
0001289490
10-K
2010-12-31
false
--12-31
Yes
No
Yes
Large Accelerated Filer
1108215405
87954417
2010
FY
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>20. EMPLOYEE BENEFIT PLAN</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has a retirement savings plan under Section 401(k) of the Internal Revenue Code under which eligible employees can contribute up to 15% of their annual salary, subject to a statutory prescribed annual limit. For the years ended December 31, 2010, 2009 and 2008, the Company made matching contributions to the plan of $805, $755, and $779, respectively, based on 100% of the first 3% and up to 50% of the next 2% of an employee's compensation.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>15. STOCKHOLDERS' EQUITY</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's charter provides that it can issue up to 300,000,000 shares of common stock, $0.01 par value per share and 50,000,000 shares of preferred stock, $0.01 par value per share. As of December 31, 2010, 87,587,322 shares of common stock were issued and outstanding, and no shares of preferred stock were issued or outstanding. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On October 3, 2008, the Company issued 3,000,000 shares of its common stock at an offering price of $14.71 per share in a registered direct placement to certain clients of RREEF America L.L.C. The Company received aggregate gross proceeds of $44,130. Transaction costs were $247 for net proceeds of $43,883. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On May 19, 2008, the Company closed a public common stock offering of 14,950,000 shares at an offering price of $16.35 per share, for aggregate gross proceeds of $244,433. Transaction costs were $11,715 for net proceeds of $232,718. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> All holders of the Company's common stock are entitled to receive dividends and to one vote on all matters submitted to a vote of stockholders. The transfer agent and registrar for the Company's common stock is American Stock Transfer & Trust Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Unlike the Company's shares of common stock, CCSs did not carry any voting rights. Upon the achievement of certain performance thresholds relating to 14 properties, all or a portion of the CCSs were automatically converted into shares of the Company's common stock. Each CCS was convertible on a one-for-one basis into shares of common stock, subject to customary anti-dilution adjustments. Beginning with the quarter ended March 31, 2006, and ending with the quarter ending December 31, 2008, the Company calculated the net operating income from the 14 wholly-owned properties over the 12-month period ending in such quarter. Within 35 days following the end of each quarter referred to above, some or all of the CCSs were converted so that the total percentage (not to exceed 100%) of CCSs issued in connection with the formation transactions that were conv
erted to common stock was equal to the percentage determined by dividing the net operating income for such period in excess of $5,100 by $4,600. The 1,087,790 CCSs remaining unconverted through the calculation made in respect of the 12-month period ending December 31, 2008 were cancelled as of February 4, 2009 and restored to the status of authorized but unissued shares of common stock.</font></p></td></tr></table>
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="30"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="30"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Auburn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,895</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,895</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Auburn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">92</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">138</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">43</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">92</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">181</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">273</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hoover</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,858</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">508</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,679</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">503</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mesa</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">849</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">78</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">849</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Peoria</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">652</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">42</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">652</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,147</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,799</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">482</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Peoria</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Phoenix</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,441</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,982</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">465</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,441</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,447</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,888</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,289</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Phoenix</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">669</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,135</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">135</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">669</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,270</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,939</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">457</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Phoenix</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,440</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,530</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">164</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,694</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,246</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">476</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alameda</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,919</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,984</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,919</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,386</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17,305</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,528</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Antelope</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,345</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(22</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(b)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,323</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,508</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">490</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Belmont</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">25</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,305</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,805</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">633</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Berkeley</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,923</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,716</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">19,602</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,510</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,716</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21,112</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">22,828</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,951</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Burbank</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,849</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,199</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,082</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">506</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">419</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">672</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,260</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,878</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,662</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Castro Valley</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,346</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chatsworth</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,594</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(3,594</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(11,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Claremont</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,012</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">199</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,211</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,683</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">394</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Colma</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,254</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">22,002</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,052</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24,054</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,342</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Compton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,689</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,582</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,608</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,034</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">444</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">El Cajon</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,380</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,380</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,480</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">176</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">El Sobrante</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,209</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,018</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">935</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,209</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,953</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">562</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Elk Grove</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,392</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">952</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,936</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">123</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">234</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,186</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">45</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fontana</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,246</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,356</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">142</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">54</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">179</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,677</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,977</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">717</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fontana</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,846</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">39</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">186</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">928</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Glendale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,084</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,098</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hawthorne</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,532</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,871</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">177</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,532</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,048</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hayward</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,149</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,006</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,864</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,149</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,019</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,045</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hemet</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,146</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,369</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">214</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,146</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,583</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,729</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">969</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Inglewood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,095</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">377</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,529</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,099</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,628</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,176</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lancaster</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,855</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">32</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">158</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lancaster</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,840</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,347</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,827</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,347</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,015</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">766</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Livermore</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,134</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,615</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,134</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,720</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,854</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">819</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Long Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,403</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,595</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,403</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(7,595</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Angeles</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,431</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">111</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,611</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,461</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,072</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">964</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Angeles</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,991</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,774</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,991</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,803</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,794</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">758</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Angeles</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,200</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,108</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,200</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,110</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Angeles</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(3,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(b)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Gatos</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Manteca</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,777</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">848</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,543</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">848</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">490</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Marina Del Rey</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">23,549</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(4,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(23,549</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Modesto</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">909</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,043</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">245</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">909</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,288</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">341</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Highlands</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">696</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(696</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Hollywood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,125</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,257</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">74</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,125</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,331</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,456</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,115</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Oakland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,981</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,777</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">415</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,323</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Oakland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,024</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,321</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,024</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,369</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,393</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">157</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Oceanside</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,361</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,982</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,827</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pacoima</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,760</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,050</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,597</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,050</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,645</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,695</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Palmdale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,225</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,140</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,225</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,744</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,086</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pico Rivera</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,354</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,450</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">89</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,539</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,689</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">846</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pleasanton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,208</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">364</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,208</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,647</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,855</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">535</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Richmond</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">953</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,635</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">518</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">953</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,153</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,106</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">897</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Riverside</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,417</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,042</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">394</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,436</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">802</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sacramento</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,182</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">852</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,720</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">852</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,063</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,915</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sacramento</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,936</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,738</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,522</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">106</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(81</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,844</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,441</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,285</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">35</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sacramento</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,453</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,853</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">247</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sacramento</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,244</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(h)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(8,247</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(h)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Bernardino</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,061</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">107</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">569</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Bernardino</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,135</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">36</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,921</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Francisco</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,289</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,457</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,928</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,136</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,457</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,064</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">19,521</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Jose</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,803</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,821</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">169</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,990</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">191</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Leandro</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,207</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(52</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,291</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,701</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">43</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Leandro</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,994</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,777</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,872</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,649</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,250</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,207</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Santa Clara</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,791</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,218</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,981</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Santa Fe Springs</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,617</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,022</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">271</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,617</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,293</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,910</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">655</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sherman Oaks</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17,204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,051</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,152</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,051</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,451</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,041</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Simi Valley</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,533</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,285</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stockton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,066</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">649</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">649</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,030</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sylmar</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,385</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,058</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,671</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,058</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,892</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,950</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">383</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Thousand Oaks</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Torrance</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,710</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,271</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">483</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(d)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,110</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,864</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tracy</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,866</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,638</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">102</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">481</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">911</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,132</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">653</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tracy</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,937</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">110</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,057</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,003</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Vallejo</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,081</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,177</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,157</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">789</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,177</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,123</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">350</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Venice</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,576</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,803</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,803</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,515</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,406</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Watsonville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,385</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,699</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">155</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,699</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,211</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,910</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">499</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Whittier</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,408</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,985</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">66</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,071</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,071</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">696</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Arvada</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">286</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,521</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">446</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">286</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,967</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">644</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Colorado Springs</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,147</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">781</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">148</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">781</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,329</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">342</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Colorado Springs</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,468</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">148</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,458</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">255</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Denver</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,792</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,574</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,701</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,069</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Denver</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">602</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,052</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">143</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">512</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">745</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,036</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,781</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">836</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Parker</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,549</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">533</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,082</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,882</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">620</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Thornton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">212</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,044</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">516</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">36</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,949</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">876</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Westminster</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">291</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">821</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">765</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Groton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,458</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,992</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">328</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">46</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,643</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">892</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Middletown</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,098</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">932</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,810</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">136</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">932</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,878</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Wethersfield</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,801</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">709</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,205</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">709</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,052</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">964</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Coral Springs</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,991</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,638</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">194</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,638</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,784</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,422</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Deland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,971</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,093</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,411</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">538</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Estero</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,198</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,215</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,198</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fort Myers</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,985</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">339</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,985</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,322</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,307</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">855</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fort Myers</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,098</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,711</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">144</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,884</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,575</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">868</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ft Lauderdale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,205</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">239</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">32</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,476</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,063</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">789</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ft Lauderdale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,637</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Greenacres</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,463</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,244</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">58</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,463</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,316</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,779</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">526</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hialeah</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,159</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">51</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,639</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hialeah</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,582</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,678</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,807</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,678</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,815</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">51</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hialeah</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,730</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,159</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,909</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">176</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hollywood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,214</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,689</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,214</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,877</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">737</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kendall</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Madeira Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,719</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,163</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,306</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,992</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">911</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Margate</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,309</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">430</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,139</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">286</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">39</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">469</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,712</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,181</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,021</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,434</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,395</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">324</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">388</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,107</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,546</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,422</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,334</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,315</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,305</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">215</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">544</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">447</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,859</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,967</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,826</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,344</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,238</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,597</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">201</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,238</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,036</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,713</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,475</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,291</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">255</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Naples</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,570</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,102</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,570</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(5,102</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Lauderdale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,699</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">428</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,516</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">31</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">260</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">459</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,825</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,258</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,535</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">398</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,933</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,189</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ocoee</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">872</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,642</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">872</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,786</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">629</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,008</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">176</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">39</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,499</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,233</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">229</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,233</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,706</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,101</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">106</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,228</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,702</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">966</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,390</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,816</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,123</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,954</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">873</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,786</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plantation</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,850</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,900</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,950</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,950</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Port Charlotte</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,632</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,141</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">815</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Riverview</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">654</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,953</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">107</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">654</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,089</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,743</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">556</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tamiami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(5,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tampa</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,190</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,766</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">264</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,030</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tampa</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">883</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,533</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">883</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,662</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,545</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">406</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Valrico</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,139</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,411</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">111</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">34</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,556</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,753</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Venice</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,096</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,969</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,903</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">217</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,969</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,089</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">822</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Palm Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Palm Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,909</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,227</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">851</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Palm Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,164</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">263</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,246</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,954</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,200</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">836</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Palm Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,877</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">363</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">104</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,416</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,078</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">908</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alpharetta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,755</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,893</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">117</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,893</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,278</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Atlanta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,737</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,333</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">288</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">35</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,737</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,656</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,393</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,467</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Atlanta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,665</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,028</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">103</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,665</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,152</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">392</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Atlanta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,319</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">33</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,319</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,688</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,007</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,383</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dacula</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,879</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,083</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,076</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">405</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Douglasville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,209</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">719</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,209</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">734</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Duluth</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,370</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">72</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,677</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kennesaw</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">673</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">673</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,172</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,845</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lithonia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,958</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,645</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,958</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,616</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">107</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Marietta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,617</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,508</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">36</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Snellville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,026</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">145</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">23</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,194</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,885</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">735</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stone Mountain</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,505</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">190</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,695</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,620</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stone Mountain</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,382</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,539</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,356</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sugar Hill</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,540</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">119</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,659</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,027</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sugar Hill</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,371</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">115</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,371</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,662</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,033</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">265</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alpharetta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,973</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,973</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,709</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">320</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kahului</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">HI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,984</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,044</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">492</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,984</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,536</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">19,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,490</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kapolei</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">HI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,102</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24,701</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">315</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">25,016</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">25,016</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,311</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,186</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,471</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">420</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,891</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">512</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,888</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,582</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">526</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,108</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">546</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,428</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">703</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">729</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,020</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,997</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,020</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(h)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(7,009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(h)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Crest Hill</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">847</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">61</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">121</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">968</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,447</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">711</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Gurnee</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,296</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">43</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,339</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,713</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">693</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Naperville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,355</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">70</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(850</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,950</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">392</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Aurora</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">600</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,833</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">61</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">600</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,894</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">South Holland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,606</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">839</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,879</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">108</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">865</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,096</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">699</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tinley Park</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,823</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,794</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">76</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(275</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">286</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Carmel</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,169</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,393</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">167</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,169</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,560</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,729</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fort Wayne</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,899</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,292</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,899</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,522</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,421</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Indianapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,922</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,457</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">361</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Indianapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,903</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">194</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,097</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,523</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">208</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Indianapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">850</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,545</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">850</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,768</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">303</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mishawaka</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,349</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">172</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,521</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">228</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Wichita</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">KS</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,154</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,897</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">290</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,187</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Louisville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">KY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,987</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,244</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">192</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,436</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,022</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">561</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Louisville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">KY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,217</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,611</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,217</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,738</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,955</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">719</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Louisville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">KY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,685</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">892</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,677</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">892</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,810</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,702</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">386</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Metairie</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">LA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,334</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,390</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">743</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New Orleans</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">LA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,058</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,058</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,927</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">855</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ashland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,324</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">260</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">27</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,611</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,085</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">877</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Auburn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">918</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">918</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,908</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,826</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,073</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Brockton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,307</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">647</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,762</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">104</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">647</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,866</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,513</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">706</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dedham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,041</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">424</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,620</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dedham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,443</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,328</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">756</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,443</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,543</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">East Somerville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">132</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">146</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">146</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">64</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Everett</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">692</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">613</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">692</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,742</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,434</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">462</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Foxboro</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">759</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,158</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">405</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">759</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,563</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,322</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hudson</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,647</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">259</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,187</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,043</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Jamaica Plain</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,841</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,285</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,275</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">54</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,285</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,329</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,614</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">888</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kingston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">555</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,491</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">87</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">32</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">555</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,610</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,165</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">671</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lynn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,347</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,703</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">226</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,703</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,463</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">911</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Marshfield</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,776</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,039</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,155</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,039</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">773</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Milton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,838</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,227</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,838</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,226</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,064</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,281</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Oxford</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">482</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,762</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">46</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">528</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,115</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,643</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">653</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-99</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Northborough</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,468</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,715</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">482</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,477</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">919</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Norwood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,160</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,336</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,385</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">61</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">95</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,816</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,037</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">910</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-99</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plainville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,430</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">348</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">878</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Quincy</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,359</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,078</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,359</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,281</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,640</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">856</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Raynham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,442</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,270</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">323</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">670</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,841</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">737</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Saugus</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,917</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,514</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">326</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">104</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,669</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Somerville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,070</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,570</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">459</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,731</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,042</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,773</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,657</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stoneham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,372</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,316</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">794</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stoughton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,912</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,769</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">212</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,981</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,735</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">830</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Waltham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">656</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,753</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,167</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Weymouth</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,391</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">112</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,047</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Woburn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">199</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">84</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Worcester</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">896</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,377</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,692</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">896</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,069</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,965</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,542</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Worcester</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,462</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,350</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,433</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">84</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,350</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,867</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">487</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Annapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,896</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,502</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">847</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Annapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,940</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,247</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,369</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,617</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">731</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Arnold</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,459</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,446</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">228</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,674</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,232</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Baltimore</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,955</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">35</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,990</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">339</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Baltimore</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,900</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,900</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,293</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">73</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bethesda</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,745</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18,331</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,896</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Capitol Heights</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,461</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,866</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,461</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,868</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,329</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">53</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Columbia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,364</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,632</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">189</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,821</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,557</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Edgewood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(575</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ft. Washington</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,920</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,174</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">139</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,920</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,233</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">970</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lanham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,346</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,079</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">824</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(b)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,915</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,533</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,054</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Laurel Heights</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,920</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,930</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,956</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,956</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">477</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pasadena</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,732</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">257</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pasadena</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Rockville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,680</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,328</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,513</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Towson</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,082</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">861</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,742</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">861</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,922</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,783</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">739</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Grandville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,693</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">726</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,298</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">297</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">726</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,595</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,321</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">297</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mount Clemens</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,796</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">263</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,857</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Florissant</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,429</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,648</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,927</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">516</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Grandview</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,095</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">612</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">612</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,070</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,682</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">382</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">St. Louis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,845</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,444</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">217</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,444</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,823</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">452</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">St. Louis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,735</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">228</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,779</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">394</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">St. Louis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,094</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">631</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,159</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">59</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">205</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">690</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,651</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,341</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">758</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">St. Louis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,606</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">156</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">173</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,830</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,003</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">530</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Merrimack</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">200</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">63</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,595</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">809</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-99</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Nashua</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">755</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">76</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">831</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">831</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Avenel</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,080</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,518</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,037</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">218</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,518</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,797</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,316</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bayville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">196</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">41</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,549</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,742</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bellmawr</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,600</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,600</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,765</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">75</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,675</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,468</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">214</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Edison</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,762</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,913</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,164</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Egg Harbor Twp. </font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,724</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">610</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,724</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,611</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,335</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,384</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ewing</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,720</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,563</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,035</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Glen Rock</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,858</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,401</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">113</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">249</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,222</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,783</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,005</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">631</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hackensack</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,234</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">559</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,076</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,841</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hazlet</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,262</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,680</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,042</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,535</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hoboken</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,687</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,092</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">158</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,687</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,940</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,419</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Howell</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,332</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,440</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,407</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">319</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,440</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,726</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">931</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Iselin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,864</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">505</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,524</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">360</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">505</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,884</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,246</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lawrenceville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">342</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,982</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Linden</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,384</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">152</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,536</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,053</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lumberton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,719</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">831</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">126</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">22</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">831</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,208</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,039</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lyndhurst</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,566</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,679</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,644</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">250</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">446</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,929</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,296</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,225</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,190</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Metuchen</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,153</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,462</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">201</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,153</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,663</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,816</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Monmouth Junction</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,835</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,853</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">143</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Morrisville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,487</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,487</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,083</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,589</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Neptune</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,769</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,906</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">174</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,080</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,284</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">984</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Bergen</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,046</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,345</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,871</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Bergen</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,671</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,606</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">167</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">74</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,847</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,447</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Old Bridge</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,195</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,758</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,450</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">655</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,758</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,863</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,745</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Parlin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,516</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">378</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,894</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,411</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">872</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Parlin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,008</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,273</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">274</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,607</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Toms River</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,935</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">252</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,187</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,977</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Union</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">178</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">78</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,247</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,118</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Albuquerque</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NM</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,090</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,298</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,628</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,298</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">508</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="27"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Las Vegas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NV</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">748</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(748</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(4,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Las Vegas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NV</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">251</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">717</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">291</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">27</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">87</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">278</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,095</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,373</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">386</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bohemia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,456</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,398</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,456</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,716</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,172</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">157</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bronx</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,995</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,995</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,409</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,404</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,170</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Brooklyn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,338</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,405</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">88</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">23,486</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">610</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Brooklyn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,475</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,802</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,536</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">69</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,802</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,605</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,407</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">106</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Centereach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,163</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,226</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,657</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">93</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,226</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Freeport</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,592</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,784</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,784</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,460</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mount Vernon</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,025</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">913</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,938</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,523</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,046</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mount Vernon</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,451</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,926</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,622</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">33</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,926</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,132</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,739</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Nanuet</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,792</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,072</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,644</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">666</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,738</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,555</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,293</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,243</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New Paltz</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,715</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">316</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,031</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,090</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">664</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New York</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,263</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,978</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,602</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plainview</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,710</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,191</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Columbus</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,888</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">483</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,654</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">483</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,093</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,576</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Columbus</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,336</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(3,336</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kent</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">149</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,355</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,575</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">262</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Whitehall</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Aloha</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OR</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,262</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,428</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,649</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">971</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">King City</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OR</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,845</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">33</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,878</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,398</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bensalem</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">66</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,742</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,873</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">830</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bensalem</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,015</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,137</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">422</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Doylestown</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,616</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,442</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">301</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (d)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">384</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">521</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,098</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,619</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">920</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-99</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kennedy Township</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,405</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,173</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">147</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,320</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">938</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Philadelphia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,470</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,470</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(8,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Philadelphia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,965</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">907</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,965</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,839</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,804</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pittsburgh</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">889</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,117</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">363</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">889</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,480</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,369</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pittsburgh</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">991</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,990</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">397</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">91</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">199</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,082</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,668</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">680</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Johnston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">RI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,070</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,799</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,782</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">818</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Charleston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">SC</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">78</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">30</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">740</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Columbia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">SC</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">838</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">116</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">38</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">838</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,466</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,304</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">627</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Goose Creek</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">SC</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,683</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,372</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">908</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">30</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,683</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">813</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Summerville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">SC</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">450</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">87</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">450</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,567</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,017</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">801</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Cordova</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,688</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">852</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,720</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">852</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,904</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,756</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Cordova</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,476</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(7,476</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Cordova</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,787</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">894</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,680</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">894</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,694</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">298</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Memphis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Memphis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">814</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,766</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(814</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,766</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Nashville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,960</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">390</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,598</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">526</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">390</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,514</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">466</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Allen</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,406</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">901</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">901</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,714</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,615</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Arlington</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,635</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">534</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">219</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">34</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">534</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">543</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Austin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Austin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,095</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">178</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">35</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,668</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,538</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">832</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dallas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(5,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dallas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,980</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,501</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">251</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,980</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,732</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dallas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,080</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">337</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">370</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">337</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,923</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">397</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dallas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,181</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">36</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,579</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,011</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fort Worth</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,266</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">631</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,794</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">136</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">31</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">631</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,592</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,032</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Grand Prairie</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,356</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">125</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">31</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,486</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,037</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">443</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Houston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">749</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(749</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(4,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Houston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,566</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,735</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">222</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,957</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,108</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Houston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">La Porte</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,608</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,608</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,355</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,963</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plano</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,613</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,871</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,613</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,871</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plano</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,615</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,203</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">229</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,442</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plano</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">614</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,775</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">165</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">614</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,940</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,554</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Rowlett</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,002</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,002</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,857</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,859</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">344</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Antonio</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,816</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">307</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">30</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,153</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,422</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Antonio</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,496</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">88</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">32</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,616</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">303</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Antonio</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,471</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,556</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">183</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(408</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(f)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,471</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,331</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,802</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">293</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">South Houston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,492</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">478</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,069</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">354</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">478</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,423</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,901</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">593</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kearns</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">642</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,607</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">642</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,837</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">541</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Murray</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">571</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">986</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">571</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">988</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,559</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="34"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="34"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Salt Lake City</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">986</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,455</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">986</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,461</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,447</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">42</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sandy</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,119</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,349</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,372</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">226</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,349</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,598</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,947</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">699</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Jordan</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">735</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,146</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">735</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,149</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,884</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">11</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Nov-10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Valley City</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,850</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">461</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,722</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">123</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">461</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,845</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,306</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">295</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alexandria</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,276</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,620</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">13,103</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">430</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,620</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">13,533</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">15,153</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,399</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Arlington</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,802</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,804</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,804</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">83</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Burke</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,067</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,261</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(2,067</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(4,261</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Falls Church</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,173</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,259</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,975</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">312</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,259</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,287</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">8,546</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,087</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Richmond</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,305</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,467</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">84</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">8</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,305</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,559</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,864</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">934</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stafford</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">0</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,076</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,175</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">50</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,076</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,225</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,301</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">264</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jan-09</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lakewood</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">WA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,600</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,917</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,256</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">148</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,917</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,404</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,321</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">697</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Feb-06</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lakewood</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">WA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,597</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,389</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,780</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">182</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,389</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,962</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,351</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">656</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Feb-06</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Seattle</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">WA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,727</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,241</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">184</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,727</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,425</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10,152</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,107</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tacoma</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">WA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,428</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,031</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,103</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">124</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,031</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,227</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,258</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">437</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Feb-06</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Other corporate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">849</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,202</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,960</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(849</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">(d)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">9,162</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">9,162</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,699</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Various</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Construction in progress</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">37,083</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">37,083</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">37,083</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Intangible tenant relationships and lease rights</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">38,407</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">38,407</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">38,407</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">32,772</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Various</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">871,403</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">558,748</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,695,988</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">666</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">133,869</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(41,125</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(112,702</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">518,289</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,717,155</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,235,444</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">263,042</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
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<dl compact="compact">
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(a)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustments relate to the acquisition of joint venture partners interests <br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(b)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to partial disposition of land <br />
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<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(c)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to asset transfers between land, building and/or equipment <br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(d)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to asset transfers between entities <br />
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<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(e)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to impairment charge <br />
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<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(f)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to a purchase price adjustment <br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(g)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to sale of assets to an unconsolidated joint venture in which the Company is a partner<br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(h)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to deconsolidation of property </font></dd></dl></div></td></tr></table>
EX-101.SCH
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exr-20101231.xsd
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1250 - Disclosure - SUBSEQUENT EVENTS
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Accumulated Other Comprehensive Income (Loss), Net of Tax
Accumulated other comprehensive deficit
Noncash or Part Noncash Acquisition, Debt Assumed
Notes payable assumed
Additional Paid in Capital, Common Stock
Paid-in capital
Amortization of Financing Costs
Amortization of deferred financing costs
Consolidated Balance Sheets
Available-for-sale Securities, Gross Realized Losses
Loss on sale of investments available for sale
Loss on sale of investments available for sale
Available-for-sale Securities, Gross Realized Gains (Losses), Sale Proceeds
Net proceeds from sale of investments available for sale
Net proceeds from sale of investments available for sale
Amortization of Debt Discount (Premium)
Non-cash interest expense related to amortization of discount on exchangeable senior notes
Non-cash interest expense related to amortization of discount on exchangeable senior notes
Cash and Cash Equivalents, at Carrying Value
Cash and cash equivalents
Cash and cash equivalents, beginning of the period
Cash and cash equivalents, end of the period
Interest Paid, Net
Interest paid, net of amounts capitalized
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Accounts payable and accrued expenses
Increase (Decrease) in Operating Capital [Abstract]
Changes in operating assets and liabilities:
Increase (Decrease) in Due from Related Parties, Current
Receivables from related parties and affiliated real estate joint ventures
Commitments and Contingencies Disclosure [Text Block]
COMMITMENTS AND CONTINGENCIES
Common Stock, Shares Authorized
Common stock, shares authorized
Common Stock, Shares, Outstanding
Common stock, shares outstanding
Common Stock, Value, Issued
Common stock, $0.01 par value, 300,000,000 shares authorized, 87,587,322 and 86,721,841 shares issued and outstanding at December 31, 2010 and December 31, 2009, respectively
Conversion of Stock, Amount Converted
Conversion of Operating Partnership units held by noncontrolling interests for common stock
Cost of Revenue
Property operations
Debt Instrument, Unamortized Discount
Discount on exchangeable senior notes
Derivative Instruments and Hedging Activities Disclosure [Text Block]
DERIVATIVES
Development in Process
Real estate under development
Earnings Per Share, Diluted
Diluted (in dollars per share)
Equity Method Investments Disclosure [Text Block]
INVESTMENTS IN REAL ESTATE VENTURES
Severance Costs
Severance costs
Income (Loss) from Equity Method Investments
Equity in earnings of real estate ventures
Share-based Compensation
Compensation expense related to stock-based awards
Payments of Financing Costs
Deferred financing costs
Gains (Losses) on Extinguishment of Debt
Gain on repurchase of exchangeable senior notes
Gain on repurchase of exchangeable senior notes
General and Administrative Expense
General and administrative
Consolidated Statements of Operations
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders
Net income allocated to Preferred Operating Partnership noncontrolling interests
Income Tax Disclosure [Text Block]
INCOME TAXES
Increase (Decrease) in Other Operating Assets
Other assets
Increase (Decrease) in Restricted Cash
Change in restricted cash
Interest Expense
Interest expense
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures
Investments in real estate ventures
Liabilities and Stockholders' Equity [Abstract]
Liabilities, Noncontrolling Interests and Equity:
Liabilities and Stockholders' Equity
Total liabilities, noncontrolling interests and equity
Liabilities
Total liabilities
Long-term Line of Credit
Lines of credit
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders
Distributions to Operating Partnership units held by noncontrolling interests
Noncontrolling Interest Disclosure [Text Block]
OTHER NONCONTROLLING INTERESTS
Net Cash Provided by (Used in) Financing Activities [Abstract]
Cash flows from financing activities:
Net Cash Provided by (Used in) Financing Activities
Net cash provided by (used in) financing activities
Net Cash Provided by (Used in) Investing Activities [Abstract]
Cash flows from investing activities:
Net Cash Provided by (Used in) Investing Activities
Net cash used in investing activities
Net Cash Provided by (Used in) Operating Activities [Abstract]
Cash flows from operating activities:
Net Cash Provided by (Used in) Operating Activities
Net cash provided by operating activities
Net Income (Loss) Available to Common Stockholders, Basic
Net Income (Loss) Attributable to Parent
Net income attributable to common stockholders
Cash and Cash Equivalents, Period Increase (Decrease)
Net increase (decrease) in cash and cash equivalents
Noncontrolling Interest in Operating Partnerships
Noncontrolling interests in Operating Partnership
Operating Income (Loss)
Income from operations
Revenues [Abstract]
Revenues:
Other Assets.
Other assets, net
Other Comprehensive Income, Derivatives Qualifying as Hedges, Net of Tax
Change in fair value of interest rate swap
Other Noncontrolling Interests:
Other noncontrolling interests
Other Notes Payable
Notes payable to trusts
Other Real Estate Revenue
Other income
Payments of Dividends, Common Stock
Dividends paid on common stock
Payments of Dividends, Noncontrolling Interest
Distributions to noncontrolling interests in Operating Partnership
Preferred Stock, Shares Authorized
Preferred stock, shares authorized
Preferred Stock, Shares Issued
Preferred stock, shares issued
Preferred Stock Dividends
Noncontrolling Interest in Preferred Unit Holders
Noncontrolling interest represented by Preferred Operating Partnership units, net of $100,000 note receivable
Proceeds from Issuance of Common Stock
Proceeds from issuance of common shares, net
Proceeds from Noncontrolling Interests
Investments from other noncontrolling interests
Proceeds from Sale of Other Real Estate
Proceeds from sale of properties to joint venture
Proceeds from Stock Options Exercised
Net proceeds from exercise of stock options
Payments to Acquire Commercial Real Estate
Acquisition of real estate assets
Payments for Construction in Process
Development and construction of real estate assets
Payments to Acquire Equity Method Investments
Investments in real estate ventures
Real Estate Disclosure [Text Block]
REAL ESTATE ASSETS
Real Estate Investment Property, Net
Net real estate assets
Real Estate Revenue, Net
Total revenues
Due from Related Parties, Noncurrent
Note receivable from noncontrolling interest represented by Preferred Operating Partnership units (in dollars)
Related Party Transactions Disclosure [Text Block]
RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS
Repayments of Unsecured Debt
Repurchase of exchangeable senior notes
Payments to Noncontrolling Interests
Redemption of Operating Partnership units held by noncontrolling interest
Retained Earnings (Accumulated Deficit)
Accumulated deficit
Management Fees Revenue
Management and franchise fees
Schedule of Business Acquisitions, by Acquisition [Text Block]
PROPERTY ACQUISITIONS
Schedule of Line of Credit Facilities [Text Block]
LINES OF CREDIT
Schedule of Subsequent Events [Text Block]
SUBSEQUENT EVENTS
Secured Debt
Notes payable
Segment Reporting Disclosure [Text Block]
SEGMENT INFORMATION
Consolidated Statements of Cash Flows
Consolidated Statement of Equity
Stockholders' Equity Attributable to Parent [Abstract]
Extra Space Storage Inc. stockholders' equity:
Supplemental Cash Flow Information [Abstract]
Supplemental schedule of cash flow information
Weighted Average Number of Shares Outstanding, Diluted
Diluted (in shares)
Weighted Average Number of Shares Outstanding, Basic
Basic (in shares)
Par Value
Reinsurance Premiums for Insurance Companies, by Product Segment, Gross Amount
Tenant reinsurance
Assets
Total assets
Investment Income, Interest
Interest income
Due from Related Parties
Receivables from related parties and affiliated real estate joint ventures
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
STOCK-BASED COMPENSATION
Scenario, Unspecified [Domain]
Statement [Table]
Statement, Scenario [Axis]
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions
Distributions from real estate ventures in excess of earnings
Assets [Abstract]
Assets:
Statement
Statement [Line Items]
Senior Notes
Exchangeable senior notes
Payments to Acquire Furniture and Fixtures
Purchase of equipment and fixtures
Other Liabilities.
Other liabilities
Earnings Per Share, Basic
Basic (in dollars per share)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Increase (Decrease) in Stockholders' Equity
Stockholders' Equity, Period Increase (Decrease)
Preferred Stock, Par or Stated Value Per Share
Preferred stock, par value (in dollars per share)
Common Stock, Shares, Issued
Common stock, shares issued
Balances (in shares)
Balances (in shares)
Preferred Stock, Shares Outstanding
Preferred stock, shares outstanding
Real Estate Investment Property, Net [Abstract]
Real estate assets:
Earnings Per Share [Abstract]
Net income per common share
Increase (Decrease) in Other Operating Liabilities
Other liabilities
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Cumulative Effects of Changes in Accounting Principles, Noncontrolling Interest
Income before equity in earnings of real estate ventures and income tax expense
Common Stock, Par or Stated Value Per Share
Common stock, par value (in dollars per share)
Stockholders' Equity Attributable to Parent
Total Extra Space Storage Inc. stockholders' equity
Income Tax Expense (Benefit)
Income tax expense
Preferred Stock, Value, Issued
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued or outstanding
Common Stock, Dividends, Per Share, Cash Paid
Cash dividends paid per common share (in dollars per share)
Dividends paid on common stock, per share
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests
Redemption of Operating Partnership units for cash
Redemption of Operating Partnership units for cash
Statement, Equity Components [Axis]
Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Deficit
Equity Component [Domain]
Long-term Debt [Text Block]
NOTES PAYABLE
Stock Issued During Period, Value, Restricted Stock Award, Gross
Restricted stock grants issued
Stock Issued During Period, Value, Restricted Stock Award, Forfeitures
Restricted stock grants cancelled
Stock Issued During Period, Value, Stock Options Exercised
Issuance of common stock upon the exercise of options
Stock Issued During Period, Shares, Restricted Stock Award, Gross
Restricted stock grants issued (in shares)
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited
Restricted stock grants cancelled (in shares)
Stock Issued During Period, Shares, Stock Options Exercised
Issuance of common stock upon the exercise of options (in shares)
Stock Issued During Period, Shares, Period Increase (Decrease)
Other Liabilities Disclosure [Text Block]
OTHER LIABILITIES
Stock Issued During Period, Value, Conversion of Units
Conversion of Operating Partnership units to common stock
Stock Issued During Period, Shares, Conversion of Units
Conversion of Operating Partnership units to common stock, (in shares)
Comprehensive Income
Costs and Expenses [Abstract]
Expenses:
Costs and Expenses
Total expenses
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Supplemental schedule of noncash investing and financing activities:
Dividends, Common Stock
Dividends paid on common stock at $0.40, $0.38 and $1.00 per share for the year 2010, 2009 and 2008, respectively
Adjustments to Additional Paid in Capital, Tax Effect from Share-based Compensation
Tax effect from vesting of restricted stock grants and stock option exercises
Earnings Per Share [Text Block]
NET INCOME PER COMMON SHARE
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Net income
Net income
Net income (loss)
Weighted Average Number of Shares Outstanding, Diluted, Disclosure Items [Abstract]
Weighted average number of shares
Minimum Rents
Property rental
Depreciation, Depletion and Amortization
Depreciation and amortization
Comprehensive Income, Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Comprehensive income:
Comprehensive Income, Net of Tax, Including Portion Attributable to Noncontrolling Interest
Total comprehensive income
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Equity:
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
Total noncontrolling interests and equity
Balances
Balances
Accounts Payable and Accrued Liabilities
Accounts payable and accrued expenses
Noncontrolling Interests
Parent [Member]
Extra Space Storage Inc. Stockholders' Equity
Commitments and Contingencies.
Commitments and contingencies
Restricted Cash and Cash Equivalents
Restricted cash
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Adjustments to reconcile net income to net cash provided by operating activities:
Nature of Operations [Text Block]
DESCRIPTION OF BUSINESS
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition, Value
Compensation expense related to stock-based awards
Stockholders' Equity, Other
Deconsolidation of noncontrolling interests
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt
Repurchase of equity portion of exchangeable senior notes
BASIS OF PRESENTATION
Basis of Presentation [Text Block]
This element encapsulates disclosures pertaining to reclassifications, recently issued accounting pronouncements, fair value disclosures and others for the entity.
OTHER ASSETS
Other Assets Disclosure [Text Block]
This element encapsulates disclosures pertaining to non operating assets of the entity. Nonoperating assets are those which do not earn direct revenue for the entity.
NOTES PAYABLE TO TRUSTS
Notes Payable to Trusts Disclosure [Text Block]
This element encapsulates details pertaining to notes payable to trusts.
EXCHANGEABLE SENIOR NOTES
Exchangeable Senior Notes Disclosure [Text Block]
This element encapsulates disclosures pertaining to exchangeable senior notes of the entity.
NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS
Noncontrolling Interest Represented by Preferred Operating Partnership Units Disclosure [Text Block]
This element encapsulates disclosures pertaining to noncontrolling preferred operating partnership of the entity.
NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP
Noncontrolling Interest in Operating Partnership Disclosure [Text Block]
This element encapsulates disclosures pertaining to noncontrolling ordinary operating partnership of the entity. Having secondary preference to preferred operating partnerships.
UNRECOVERED DEVELOPMENT AND ACQUISITION COSTS AND SEVERANCE COSTS ASSOCIATED WITH THE WIND-DOWN OF DEVELOPMENT PROGRAM
Unrecovered Development, Acquisition and Severance Costs Disclosure [Text Block]
This element encapsulates disclosures pertaining to unrecovered development and acquisition costs including due diligence costs that was part of an unsuccessful attempt by the entity.
Tenant reinsurance
Tenant Reinsurance, Expense
The costs that are incurred to provide tenant reinsurance.
Interest income on note receivable from Preferred Operating Partnership unit holder
Interest Income on Note Receivable from Preferred Partnership Unit Holders
Value of interest income on loan to the holders of preferred operating partnership units.
Net income allocated to Operating Partnership and other noncontrolling interests
Minority Interest in Net Income (Loss) Operating Partnerships and Other
Amount of net income (loss) for the period allocated to noncontrolling partners of an operating partnership and others included in the entity's consolidated financial statements.
Preferred Operating Partnership
Operating partnership having preferential rights over other operating partnerships.
Operating Partnership
Ordinary operating partnership having secondary liquidity preference.
Other
Other unclassified noncontrolling interests.
Investments from other noncontrolling interests
Adjustments in Investments from Other Noncontrolling Interests
Element represents adjustments to investments from other noncontrolling interests.
Document and Entity Information
Unrecovered Development and Acquisition Costs
Unrecovered development and acquisition costs
The costs incurred for unsuccessful development and acquisition activities. It includes asset impairment expenses for such unsuccessful development and acquisition activities.
Proceeds from Notes Payable and Lines of Credit
Proceeds from notes payable and lines of credit
The cash inflow from a borrowing supported by a written promise and contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with either short term or long term maturity that is collateralized (backed by pledge, mortgage or other lien in the entity's assets).
Principal payments on notes payable and lines of credit
Payments of Notes Payable and Lines of Credit
The cash outflow for a borrowing supported by a written promise and contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with either short term or long term maturity.
Net operating real estate assets
Net Operating Real Estate Assets
The carrying amount of real estate assets including land, buildings, improvements, intangible assets and intangible lease rights, net of accumulated depreciation and amortization.
Return of investment in real estate ventures
Return of Investment, Real Estate Ventures
Distributions that represent a return of original investment from real estate ventures.
DESCRIPTION OF BUSINESS
BASIS OF PRESENTATION
NET INCOME PER COMMON SHARE.
REAL ESTATE ASSETS
PROPERTY ACQUISITIONS
INVESTMENTS IN REAL ESTATE VENTURES
OTHER ASSETS
NOTES PAYABLE
DERIVATIVES
NOTES PAYABLE TO TRUSTS
EXCHANGEABLE SENIOR NOTES
LINES OF CREDIT
OTHER LIABILITIES
RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS
STOCKHOLDERS' EQUITY
NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS
NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP
OTHER NONCONTROLLING INTERESTS
STOCK-BASED COMPENSATION
INCOME TAXES
UNRECOVERED DEVELOPMENT AND ACQUISITION COSTS AND SEVERANCE COSTS ASSOCIATED WITH THE WIND-DOWN OF DEVELOPMENT PROGRAM
SEGMENT INFORMATION
COMMITMENTS AND CONTINGENCIES
SUBSEQUENT EVENTS
Adjustments to Additional Paid in Capital, Tax Effect from Wind Down of Development Program
Tax effect from wind down of development program
Tax benefit associated with the wind down of the development program. The tax benefit results from the deduction by the entity on its tax return for impairments relating to changes in fair value. Includes any resulting tax benefit that exceeds the previously recognized deferred tax asset (excess tax benefits).
Deconsolidation of joint ventures due to application of Accounting Standards Codification 810:
This item represents the Deconsoldiation of joint ventures due to application of Accounting Standards Codification 810.
Deconsolidation of Joint Ventures Due to Application of Accounting Standards Codification 810
Real Estate Assets.
Real estate assets noncash investing and financing activities due to application of Accounting Standards Codification 810.
Real estate assets, net
Investment In Real Estate Ventures
Investment In Real Estate Ventures noncash investing and financing activities due to application of Accounting Standards Codification 810.
Investments in real estate ventures
Other Assets And Other Liabilites
Other Assets and Other Liabilities noncash investing and financing activities due to application of Accounting Standards Codification 810.
Other assets and other liabilities
Notes Payable Non Cash
Notes Payable noncash investing and financing activities due to application of Accounting Standards Codification 810.
Notes payable
Other Noncontrolling Interests.
Other Noncontrolling interests noncash investing and financing activities due to application of Accounting Standards Codification 810.
Other noncontrolling interests
Related Party Receivables
Related party receivables noncash investing and financing activities due to application of Accounting Standards Codification 810.
Receivables from related parties and affiliated real estate joint ventures
Acquisitions of real estate assets
Noncash or Part Noncash Acquisition, Net Real Estate Assets Acquired [Abstract]
Noncash or Part Noncash Acquisition Net Real Estate Assets Acquired
Real estate assets, net
Represents the amount of real estate assets that an Entity acquires in a noncash (or part noncash) acquisition. Real estate assets refer to the lands, buildings and intangible assets (including those that are part of operations and those under development) of a real estate entity, net of accumulated depreciation and amortization. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.
Unrecovered Development And Acquisition Costs Noncash
Non-cash unrecovered development and acquisition costs
The costs incurred for unsuccessful development and acquisition activities. It includes Non-cash asset impairment expenses for such unsuccessful development and acquisition activities.
Loss on sublease
Loss on Sublease
Loss incurred as a result of subletting office space under a long-term office lease assumed in an acquisition.
Investments from other noncontrolling interests
Proceeds From Sale Of Interest In Partnership Unit
Minority Interest Increase From Purchase Of Interests
Purchase of noncontrolling interest
This element represents the increase in noncontrolling interest due to the purchase of noncontrolling interests whose accounts were in a negative position due to allocation of losses.
Proceeds from Sale of Real Estate Held-for-investment
Proceeds from sale of real estate assets
Noncash or Part Noncash Acquisition, Accounts Receivable Acquired
Change in receivables from related parties and affiliated real estate joint ventures due to consolidation of joint venture properties
Stock Issued During Period, Value, Conversion of Convertible Securities
Conversion of Contingent Conversion shares to common stock
Stock Issued During Period, Value, New Issues
Issuance of common stock, net of offering costs
Stock Issued During Period, Shares, New Issues
Issuance of common stock, net of offering costs (in shares)
Stock Issued During Period, Shares, Conversion of Convertible Securities
Conversion of Contingent Conversion shares to common stock (in shares)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
INVESTMENTS AVAILABLE FOR SALE
Available-for-sale Securities [Text Block]
INVESTMENTS AVAILABLE FOR SALE
EMPLOYEE BENEFIT PLAN
SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED)
Quarterly Financial Information [Text Block]
SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED)
Significant Accounting Policies [Text Block]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedule III Real Estate and Accumulated Depreciation
Schedule of Real Estate and Accumulated Depreciation [Text Block]
Schedule III Real Estate and Accumulated Depreciation
Pension and Other Postretirement Benefits Disclosure [Text Block]
EMPLOYEE BENEFIT PLAN
STOCKHOLDERS' EQUITY
Stockholders' Equity Note Disclosure [Text Block]
Noncontrolling interest consolidated as business acquisition
Noncontrolling interest consolidated as business acquisition
This element represents the increase in noncontrolling interest due to the consolidation of business acquisitions.
Tax effect from contribution of property to Taxable REIT Subsidiary
Tax effect from contribution of property to Taxable REIT Subsidiary
This line item represents the tax effect adjustment to additional paid-in-capital from the contribution of property to subsidiary.
New Operating Partnership units issued
Monetary value of the issuance of new units of limited partnership interest as part of a property acquisition.
Partner Capital Account Units Issued
Operating Partnership Units Issued
Operating Partnership units issued as consideration
The value of the issuance of new units of limited partnership interest in noncash financing activities.
Other Comprehensive Income, Reclassification Adjustment for Sale of Securities Included in Net Income, Net of Tax
Loss on sale of investments available for sale
EX-101.PRE
11
exr-20101231_pre.xml
EX-101.PRE
EX-101.DEF
12
exr-20101231_def.xml
EX-101.DEF
XML
13
R19.xml
IDEA: OTHER LIABILITIES
2.2.0.25 false false 1130 - Disclosure - OTHER LIABILITIES true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
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false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>13. OTHER LIABILITIES</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The components of other liabilities are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Deferred rental income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12,194</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12,045</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Lease obligation liability</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,016</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,260</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Fair value of interest rate swaps</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,074</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,111</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Income taxes payable (receivable)</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,353</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,145</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other miscellaneous liabilities</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,338</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,413</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">28,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">24,974</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Included in the lease obligation liability is approximately $2,000 related to minimum rentals to be received in the future under non cancelable subleases. The lease obligation liability increased by $2,000 during the year ended December 31, 2010 as a result of the bankruptcy of a tenant subleasing office space from the Company in Memphis, TN. The Memphis, TN office lease is a liability assumed in the Storage USA acquisition in July 2005. The increase in this liability was recognized through a $2,000 charge which is included as loss on sublease in the consolidated statement of operations.</font></p></td></tr></table>
13. OTHER LIABILITIES
The components of other liabilities are summarized as follows:
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-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20, 24
-Article 5
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IDEA: COMMITMENTS AND CONTINGENCIES
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USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
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<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>23. COMMITMENTS AND CONTINGENCIES</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has operating leases on its corporate offices and owns 14 self-storage facilities that are subject to ground leases. At December 31, 2010, future minimum rental payments under these non-cancelable operating leases are as follows (unaudited):</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Less than 1 year</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,597</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Year 2</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,859</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Year 3</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,570</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Year 4</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,843</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Year 5</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,603</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Thereafter</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">35,890</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">61,362</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The monthly rental amount for one of the ground leases is the greater of a minimum amount or a percentage of gross monthly receipts. The Company recorded expense of $2,416, $2,289, and $2,262 related to these leases in the years ended December 31, 2010, 2009 and 2008, respectively. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has guaranteed loans for unconsolidated joint ventures as follows (unaudited):</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="58"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date of<br />
Guaranty </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Loan<br />
Maturity<br />
Date </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Guaranteed<br />
Loan Amount<br />
December 31,<br />
2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Estimated<br />
Fair Market<br />
Value of<br />
Assets</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Montrose Avenue LLC</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Dec-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Dec-13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,332</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Sacramento One LLC</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Apr-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Apr-11</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9,940</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESS Baltimore LLC</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Nov-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">Feb-13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,819</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> If the joint ventures default on the loans, the Company may be forced to repay the loans. Repossessing and/or selling the self-storage facilities and land that collateralize the loans could provide funds sufficient to reimburse the Company. The Company has recorded no liability in relation to these guarantees as of December 31, 2010, as the fair value of the guarantees is not material. The Company believes the risk of incurring a loss as a result of having to perform on these guarantees is remote. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has been involved in routine litigation arising in the ordinary course of business. As of December 31, 2010, the Company was not involved in any material litigation nor, to its knowledge, is any material litigation threatened against it which, in the opinion of management, is expected to have a material adverse effect on the Company's financial condition or results of operations.</font></p></td></tr></table>
23. COMMITMENTS AND CONTINGENCIES
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<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>5. INVESTMENTS IN REAL ESTATE VENTURES </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Investments in real estate ventures at December 31, 2010 and 2009 consist of the following:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 67%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"120%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="120%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="63"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="73"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>Investment balance at </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Equity<br />
Ownership % </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Excess Profit<br />
Participation % </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space West One LLC ("ESW")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,077</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,175</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space West Two LLC ("ESW II")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,606</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,749</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space Northern Properties Six LLC ("ESNPS")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">10</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">35</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,142</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,388</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Santa Monica LLC ("ESSM")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">48</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">48</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,901</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,419</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Clarendon Storage Associates Limited Partnership ("Clarendon")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,204</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,245</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">HSRE-ESP IA, LLC ("HSRE")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,984</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA Self Storage LLC ("PRISA")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">17</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,445</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,907</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA II Self Storage LLC ("PRISA II")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">17</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">9,855</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">10,239</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA III Self Storage LLC ("PRISA III")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,568</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,793</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">VRS Self Storage LLC ("VRS")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">45</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">54</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">44,641</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">45,579</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">WCOT Self Storage LLC ("WCOT")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,799</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,983</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Storage Portfolio I LLC ("SP I")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">25</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">25-40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14,873</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">16,049</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Storage Portfolio Bravo II ("SPB II")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20-45</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14,759</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">15,104</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space Joint Ventures with Everest Real Estate Fund ("Everest")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">10-58</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">35-50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,514</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,558</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">U-Storage de Mexico S.A. and related entities ("U-Storage")</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,852</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,166</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other minority owned properties</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">18-50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">19-50</font></td>
<td style="FONT-FAMILY: times"><font size="2">%</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,340</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,095</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">140,560</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">130,449</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> In these joint ventures, the Company and the joint venture partner generally receive a preferred return on their invested capital. To the extent that cash/profits in excess of these preferred returns are generated through operations or capital transactions, the Company would receive a higher percentage of the excess cash/profits than its equity interest. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In accordance with ASC 810, the Company reviews all of its joint venture relationships quarterly to ensure that there are no entities that require consolidation. As of December 31, 2010, there were no previously unconsolidated entities that were required to be consolidated as a result of this review. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 28, 2010, the Company contributed $6,660 to ESW as a result of a capital call related to the joint venture's repayment of its $16,650 loan. On August 25, 2010, ESW closed on a new loan and on August 30, 2010, ESW returned $6,660 of investment capital to the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 15, 2010, the Company paid $193 to obtain an additional 7.2% percentage interest in ESSM, increasing the Company's interest in the venture from 41.0% to 48.2%.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> On January 21, 2010 the Company closed a joint venture transaction with an affiliate of Harrison Street Real Estate Capital LLC ("Harrison Street"). Harrison Street contributed approximately $15,800 in cash to the joint venture in return for a 50.0% ownership interest. The Company contributed 19 wholly owned properties and received approximately $15,800 in cash and a 50.0% ownership interest in the joint venture. The joint venture assumed approximately $101,000 of existing debt which is secured by the properties. The properties are located in California, Florida, Nevada, Ohio, Pennsylvania, Tennessee, Texas and Virginia. The Company will continue to operate the properties and will receive a 6.0% management fee. The Company's 50% joint venture interest will be accounted for using the equity method of accounting. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On July 1, 2008, the Company purchased an additional 40.0% interest in VRS Self Storage LLC from Prudential Real Estate Investors for cash of $44,100, resulting in an increase in the Company's total interest in the joint venture from 5.0% to 45.0%.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> Equity in earnings (losses) of real estate ventures for the years ended December 31, 2010, 2009, and 2008 consists of the following: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of ESW</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,164</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,333</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in losses of ESW II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(31</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(57</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of ESNPS</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">239</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">236</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in losses of ESSM</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(142</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(113</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of Clarendon</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">417</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">304</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in losses of HSRE</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of PRISA</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">641</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">483</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">702</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of PRISA II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">481</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of PRISA III</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">262</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">235</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">274</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of VRS</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,116</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,363</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of WCOT</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">251</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">242</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of SP I</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">934</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,211</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings of SPB II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">614</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings (losses) of Everest</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">195</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(6</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(212</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings (losses) of U-Storage</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">55</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">70</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(64</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equity in earnings (losses) of other minority owned properties</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(6</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">333</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,753</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,964</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,932</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Equity in earnings (losses) of ESW II, SP I and SPB II includes the amortization of the Company's excess purchase price of $25,713 of these equity investments over its original basis. The excess basis is amortized over 40 years. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Information (unaudited) related to the real estate ventures' debt at December 31, 2010 is set forth below: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="65"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="center" width="92"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Loan Amount </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Current<br />
Interest Rate </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Debt<br />
Maturity </b></font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESW—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">16,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">September 2015</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESW II—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">March 2012</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESNPS—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">34,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.27</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">June 2015</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESSM—Variable</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10,946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3.01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">November 2011</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Clarendon—Swapped to fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8,378</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.93</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">September 2018</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Unleveraged</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Unleveraged</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA III—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">145,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.97</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2012</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">VRS—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">52,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.76</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2012</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">WCOT—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">92,140</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.76</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2012</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">SP I—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">115,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.62</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">April 2011</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">SPB II—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">58,772</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8.00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2014</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">U-Storage</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Unleveraged</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">HSRE—Fixed</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">100,566</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">August 2015</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other minority owned properties</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">133,002</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">various</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">various</font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Combined, condensed unaudited financial information of ESW, ESW II, ESNPS, PRISA, PRISA II, PRISA III, VRS, WCOT, SP I and SPB II and HSRE as of December 31, 2010 and 2009 and for the years ended December 31, 2010, 2009, and 2008, follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 55pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Balance Sheets: <!-- COMMAND=ADD_SCROPPEDRULE,55pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Assets:</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net real estate assets</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,056,032</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,977,184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">28,866</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">33,120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,084,898</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,010,304</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Liabilities and members' equity:</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Notes payable</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">634,778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">535,475</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">27,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">27,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Members' equity</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,422,420</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,447,282</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,084,898</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,010,304</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> <br /></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 79pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Statements of Income: <!-- COMMAND=ADD_SCROPPEDRULE,79pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Rents and other income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">297,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">282,181</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">295,824</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Expenses</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">211,283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">195,330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">197,926</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">86,375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">86,851</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">97,898</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"><i>Variable Interests in Unconsolidated Real Estate Joint Ventures: </i></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has interests in two unconsolidated joint ventures with unrelated third parties which are VIEs (the "VIE JVs"). The Company holds 18-39% equity interests in the VIE JVs, and has 50% of the voting rights in each of the VIE JVs. Qualification as a VIE was based on the determination that the equity investments at risk for each of these joint ventures were not sufficient based on a qualitative and quantitative analysis performed by the Company. The Company performed a qualitative analysis for these joint ventures to determine which party was the primary beneficiary of each VIE. The Company determined that since the powers to direct the activities most significant to the economic performance of these entities are shared equally by the Company and its joint venture partners, there is no primary beneficiary. Accordingly, these interests are recorded using the equity me
thod.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> The VIE JVs each own a single pre-stabilized self-storage property. These joint ventures are financed through a combination of (1) equity contributions from the Company and its joint venture partners, (2) mortgage notes payable and (3) payables to the Company. The payables to the Company consist of amounts owed for expenses paid on behalf of the joint ventures by the Company as manager and mortgage notes payable to the Company. The Company performs management services for the VIE JVs in exchange for a management fee of approximately 6% of cash collected by the properties. The Company has not provided financial or other support during the periods presented to the VIE JVs that it was not previously contractually obligated to provide. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company guarantees the mortgage notes payable for the VIE JVs. The Company's maximum exposure to loss for these joint ventures as of December 31, 2010 is the total of the guaranteed loan balances, the payables due to the Company and the Company's investment balances in the joint ventures. The Company believes that the risk of incurring a loss as a result of having to perform on the loan guarantees is unlikely and therefore no liability has been recorded related to these guarantees. Also, repossessing and/or selling the self-storage facility and land that collateralize the loans could provide funds sufficient to reimburse the Company. Additionally, the Company believes the payables to the Company are collectible. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The following table compares the liability balance and the maximum exposure to loss related to the VIE JVs as of December 31, 2010: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 62%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"130%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="130%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="41"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="53"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="54"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Liability<br />
Balance </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Investment<br />
Balance </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Balance of<br />
Guaranteed<br />
Loan </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Payables to<br />
Company </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Maximum<br />
Exposure<br />
to Loss </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Difference </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Montrose Avenue LLC</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,240</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,332</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,034</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">8,606</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(8,606</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Extra Space of Sacramento One LLC</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(804</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,000</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,495</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,691</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,691</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">436</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">9,332</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,529</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">14,297</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(14,297</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The Company had no consolidated VIEs during the year ended December 31, 2010.</font></p></td></tr></table>
5. INVESTMENTS IN REAL ESTATE VENTURES
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f the difference, (d) the total fair value of each identified investment for which a market value is available, (e) summarized information as to assets, liabilities, and results of operations of the investees (for investments in unconsolidated subsidiaries, common stock of joint ventures, or other investments using the equity method), and (f) material effects of possible conversions, exercises, or contingent issuances of the investee. Other disclosures include (a) the names of any investee in which the investor owns 20 percent or more of the voting stock and investment is not accounted for using the equity method, and the reasons why not, and (b) the names of any investee in which the investor owns less than 20% of the voting stock and the investment is accounted for using the equity method, and the reasons why it is. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 20
false false INVESTMENTS IN REAL ESTATE VENTURES
1 2 INVESTMENTS IN REAL ESTATE VENTURES UnKnown UnKnown UnKnown UnKnown false true
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<td>
<p style="FONT-FAMILY: times"><font size="2"><b>4. PROPERTY ACQUISITIONS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The following table shows the Company's acquisition of operating properties for the years ended December 31, 2010 and 2009 and does not include purchases of raw land or improvements made to existing assets: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 54%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"150%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="150%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="41"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="41"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="36"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="28"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="35"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="40"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="36"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="center" width="87"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"><font size="1"><b>Consideration Paid </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"><font size="1"><b>Acquisition Date Fair Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 52pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Location <!-- COMMAND=ADD_SCROPPEDRULE,52pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Number of<br />
Properties </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date of<br />
Acquisition </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total Paid </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Cash Paid </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Loan<br />
Assumed </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Net<br />
Liabilities/<br />
(Assets)<br />
Assumed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Intangible </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Closing<br />
costs—<br />
expensed </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Source of Acquisition </b></font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Texas</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">12/14/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,414</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,359</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">55</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,221</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">146</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">37</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New York</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">11/23/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">9,727</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,547</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,601</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(421</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,676</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,784</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">209</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">58</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Utah</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">11/23/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,559</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,570</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(11</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,306</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,132</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">106</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">15</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Maryland, Virginia</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10/20/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">16,784</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">16,828</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(44</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,461</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">14,668</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">490</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">165</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Utah</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10/20/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,531</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,514</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">986</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,455</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">80</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alabama</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">8/23/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,593</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,534</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">59</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">416</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,033</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">140</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Florida</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7/15/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,787</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,759</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">625</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,133</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">19</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Georgia</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6/17/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,661</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,551</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">110</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,769</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,487</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">318</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">87</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New York</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5/21/2010</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">9,629</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,231</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,475</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(77</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,802</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,536</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">220</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">71</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Georgia</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">11/12/2009</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,731</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,749</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(18</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,958</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,625</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">108</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">40</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated third party</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Virginia</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1/23/2009</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,425</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,438</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(13</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,076</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,175</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">52</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="center"><font size="1">Unrelated franchisee</font></td></tr></table></div></div></td></tr></table>
4. PROPERTY ACQUISITIONS
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-Number 141
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USD ($)
USD ($) / shares
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<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>24. SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="67"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"><font size="1"><b>Three months ended </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>March 31,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>June 30,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>September 30,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Revenues</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">67,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">68,777</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">71,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">73,154</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Cost of operations</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">46,724</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">45,971</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">48,418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">49,569</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Revenues less cost of operations</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,863</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">22,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">23,561</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">23,585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,179</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9,482</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10,788</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income attributable to common stockholders</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,568</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,667</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8,916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income—basic</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income—diluted</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> <br /></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="67"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"><font size="1"><b>Three months ended </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>March 31,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>June 30,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>September 30,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Revenues</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">69,247</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">69,065</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">71,113</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">70,721</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Cost of operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">47,324</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">66,691</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">47,896</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">46,348</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Revenues less cost of operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">21,923</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,374</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">23,217</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">24,373</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income (loss)</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">30,762</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(6,681</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">7,574</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">7,438</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income (loss) attributable to common stockholders</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">27,619</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(7,541</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,967</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,932</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income (loss)—basic</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.32</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(0.09</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income (loss)—diluted</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.32</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(0.09</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.07</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
24. SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED)
<!-- User-specified TAGGED TABLE -->
Three months ended false false false false false | Other us-types:textBlockItemType string This element can be used to disclose the entire quarterly financial data disclosure in the annual financial statements as a single block of text. The disclosure includes a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on
the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Alternatively, the details of this disclosure can be reported using the elements in this group, or by using other taxonomy elements and applying the appropriate quarterly date and period contexts when creating an instance document. For example, the element for "Interest and Dividend Income, Operating" may be used by financial institutions from the Statement of Income, applying the appropriate quarterly date and period context when creating an instance document. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 6
-Section G
-Subsection 1
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 28
-Paragraph 23, 24
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 28
-Paragraph 30
-Subparagraph a-j
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 302
-Paragraph a
false false SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED) 1 2 SUPPLEMENTARY QUARTERLY FINANCIAL DATA (UNAUDITED) UnKnown UnKnown UnKnown UnKnown false true
XML
18
R8.xml
IDEA: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
2.2.0.25 false false 1020 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
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3 false 0 us-gaap_SignificantAccountingPoliciesTextBlock us-gaap true na duration No definition available. false false false false false false false false false false terselabel1 false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Basis of Presentation</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The consolidated financial statements are presented on the accrual basis of accounting in accordance with U.S. generally accepted accounting principles ("GAAP") and include the accounts of the Company and its wholly or majority owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company accounts for arrangements that are not controlled through voting or similar rights as variable interest entities ("VIEs"). An enterprise is required to consolidate a VIE if it is the primary beneficiary of the VIE. A VIE is created when (i) the equity investment at risk is not sufficient to permit the entity to finance its activities without additional subordinated financial support from other parties, or (ii) the entity's equity holders as a group either: (a) lack the power, through voting or similar rights, to direct the activities of the entity that most significantly impact the entity's economic performance, (b) are not obligated to absorb expected losses of the entity if they occur, or (c) do not have the right to receive expected residual returns of the entity if they occur. If an entity is deemed to be a VIE, t
he enterprise that is deemed to have a variable interest, or combination of variable interests, that provides the enterprise with a controlling financial interest in the VIE, is considered the primary beneficiary and must consolidate the VIE </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has concluded that under certain circumstances when the Company (1) enters into option agreements for the purchase of land or facilities from an entity and pay a non-refundable deposit, or (2) enters into arrangements for the formation of joint ventures, a VIE may be created under condition (i), (ii) (b) or (c) of the previous paragraph. For each VIE created, the Company has performed a qualitative analysis, including considering which party, if any, has the power to direct the activities most significant to the economic performance of each VIE and whether that party has the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could be significant to the VIE. If the Company is determined to be the primary beneficiary of the VIE, the assets, liabilities and operations of th
e VIE are consolidated with the Company's financial statements. Additionally, the Operating Partnership has notes payable to three trusts that are VIEs under condition (ii)(a) above. Since the Operating Partnership is not the primary beneficiary of the trusts, these VIEs are not consolidated. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's investments in real estate joint ventures, where the Company has significant influence, but not control, and joint ventures which are VIEs in which the Company is not the primary beneficiary, are recorded under the equity method of accounting on the accompanying consolidated financial statements. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Use of Estimates </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Reclassifications </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Certain amounts in the 2009 and 2008 financial statements and supporting note disclosures have been reclassified to conform to the current year presentation. Such reclassifications did not impact previously reported net income or accumulated deficit.</font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Fair Value Disclosures</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"><i>Assets and Liabilities Measured at Fair Value on a Recurring Basis </i></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The following table provides information for each major category of assets and liabilities that are measured at fair value on a recurring basis: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 54%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"150%" --></font></p>
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<div align="center">
<table cellspacing="0" cellpadding="0" width="150%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="10"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="110"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="86"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="96"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Fair Value Measurements at Reporting Date Using</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left" colspan="2">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 41pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Description <!-- COMMAND=ADD_SCROPPEDRULE,41pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Quoted Prices in Active<br />
Markets for Identical<br />
Assets (Level 1) </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Significant Other<br />
Observable Inputs<br />
(Level 2) </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Significant<br />
Unobservable Inputs<br />
(Level 3)</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,813</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,813</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,439</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,439</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(643</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(643</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(475</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(475</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(562</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(562</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other liabilities—Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,142</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,142</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(6,074</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(6,074</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> There were no transfer of assets and liabilities between Level 1 and Level 2 during 2010. The Company did not have any significant assets or liabilities that are re-measured on a recurring basis using significant unobservable inputs for the years ended December 31, 2010 or 2009. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><i>Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis </i></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Long lived assets held for use are evaluated by the Company for impairment when events or circumstances indicate that there may be impairment. The Company reviews each self-storage facility at least annually to determine if any such events or circumstances have occurred or exist. The Company focuses on facilities where occupancy and/or rental income have decreased by a significant amount. For these facilities, the Company determines whether the decrease is temporary or permanent and whether the facility will likely recover the lost occupancy and/or revenue in the short term. In addition, the Company carefully reviews facilities in the lease-up stage and compares actual operating results to original projections. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> When the Company determines that an event that may indicate impairment has occurred, the Company compares the carrying value of the related long-lived assets to the undiscounted future net operating cash flows attributable to the assets. An impairment loss is recorded if the net carrying value of the assets exceeds the undiscounted future net operating cash flows attributable to the assets. The impairment loss recognized equals the excess of net carrying value over the related fair value of the assets. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> When real estate assets are identified by management as held for sale, the Company discontinues depreciating the assets and estimates the fair value of the assets, net of selling costs. If the estimated fair value, net of selling costs, of the assets that have been identified for sale is less than the net carrying value of the assets, then a valuation allowance is established. The operations of assets held for sale or sold during the period are generally presented as discontinued operations for all periods presented. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company assesses whether there are any indicators that the value of the Company's investments in unconsolidated real estate ventures may be impaired annually and when events or circumstances indicate that there may be impairment. An investment is impaired if management's estimate of the fair value of the investment is less than its carrying value. To the extent impairment has occurred, and is considered to be other than temporary, the loss is measured as the excess of the carrying amount of the investment over the fair value of the investment. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 2, 2009, the Company announced the wind-down of its development activities. As a result of this change, the Company reviewed its properties under construction, unimproved land and its investment in development joint ventures for potential impairments. This review included the preparation of updated models based on current market conditions, obtaining appraisals and reviewing recent sales and list prices of undeveloped land and mature self storage facilities. Based on this review, the Company identified certain assets as being impaired. The impairments relating to long-lived assets where the Company intends to complete the development and hold the asset are the result of the estimated undiscounted future cash flows being less than the current carrying value of the assets. The Company compared the carrying value of certain undeveloped land and seven vacant co
ndominiums that the Company intends to sell to the fair market value of similar undeveloped land and condominiums. For the assets that the Company intends to sell, where the current estimated fair market value less costs to sell was below the carrying value, the Company reduced the carrying value of the asset to the current fair market value less selling costs and recorded an impairment charge. These assets are classified as held for sale. The impairments relating to investments in development joint ventures are the result of the Company comparing the estimated current fair market value to the carrying value of the investment. For those investments in development joint ventures where the current estimated fair market value was below the carrying value, the Company reduced the investment to the current fair market value through an impairment charge. Losses relating to changes in fair value have been included in unrecovered development and acquisition costs on the Company's statements of operations for the yea
r ended December 31, 2009. No impairment losses were recorded during the year ended December 31, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> As of December 31, 2010, the Company did not have any assets or liabilities measured at fair value on a nonrecurring basis. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><i>Fair Value of Financial Instruments </i></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The carrying values of cash and cash equivalents, restricted cash, receivables, other financial instruments included in other assets, accounts payable and accrued expenses, variable rate notes payable and notes payable to trusts, lines of credit and other liabilities reflected in the consolidated balance sheets at December 31, 2010 and 2009 approximate fair value. The fair values of the Company's notes receivable, fixed rate notes payable and notes payable to trusts and exchangeable senior notes are as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="61"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Fair<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Carrying<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Fair<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Carrying<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Note receivable from Preferred Operating Partnership unit holder</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">115,696</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">100,000</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">112,740</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">100,000</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Fixed rate notes payable and notes payable to trusts</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">777,575</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">731,588</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,067,653</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,015,063</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Exchangeable senior notes</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">118,975</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">87,663</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">110,122</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">87,663</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"><b>Real Estate Assets </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Real estate assets are stated at cost, less accumulated depreciation. Direct and allowable internal costs associated with the development, construction, renovation, and improvement of real estate assets are capitalized. Interest, property taxes, and other costs associated with development incurred during the construction period are capitalized. Capitalized interest during the years ended December 31, 2010, 2009 and 2008 was $2,013, $4,148, and $5,506, respectively. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Expenditures for maintenance and repairs are charged to expense as incurred. Major replacements and betterments that improve or extend the life of the asset are capitalized and depreciated over their estimated useful lives. Depreciation is computed using the straight-line method over the estimated useful lives of the buildings and improvements, which are generally between five and 39 years. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In connection with the Company's acquisition of self-storage facilities, the purchase price is allocated to the tangible and intangible assets and liabilities acquired based on their fair values, which are estimated using significant unobservable inputs. The value of the tangible assets, consisting of land and buildings, are determined as if vacant. Intangible assets, which represent the value of existing tenant relationships, are recorded at their fair values based on the avoided cost to replace the current leases. The Company measures the value of tenant relationships based on the rent lost due to the amount of time required to replace existing customers which is based on the Company's historical experience with turnover in its facilities. Debt assumed as part of an acquisition is recorded at fair value based on current interest rates compared to contractual rates. Acquis
ition-related transaction costs incurred after December 31, 2008 have been expensed as incurred. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Intangible lease rights represent: (1) purchase price amounts allocated to leases on two properties that cannot be classified as ground or building leases; these rights are amortized to expense over the life of the leases and (2) intangibles related to ground leases on four properties where the leases were assumed by the Company at rates that were lower than the current market rates for similar leases. The value associated with these assumed leases were recorded as intangibles, which will be amortized over the lease terms. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Investments in Real Estate Ventures </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's investments in real estate joint ventures, where the Company has significant influence, but not control and joint ventures which are VIEs in which the Company is not the primary beneficiary, are recorded under the equity method of accounting in the accompanying consolidated financial statements. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Under the equity method, the Company's investment in real estate ventures is stated at cost and adjusted for the Company's share of net earnings or losses and reduced by distributions. Equity in earnings of real estate ventures is generally recognized based on the Company's ownership interest in the earnings of each of the unconsolidated real estate ventures. For the purposes of presentation in the statement of cash flows, the Company follows the "look through" approach for classification of distributions from joint ventures. Under this approach, distributions are reported under operating cash flow unless the facts and circumstances of a specific distribution clearly indicate that it is a return of capital (e.g., a liquidating dividend or distribution of the proceeds from the joint venture's sale of assets), in which case it is reported as an investing activity. &l
t;/font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Cash and Cash Equivalents</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's cash is deposited with financial institutions located throughout the United States of America and at times may exceed federally insured limits. The Company considers all highly liquid debt instruments with a maturity date of three months or less to be cash equivalents. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Restricted Cash </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Restricted cash is comprised of letters of credit and escrowed funds deposited with financial institutions located in various states relating to earnest money deposits on potential acquisitions, real estate taxes, insurance, capital expenditures and lease liabilities. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Other Assets </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Other assets consist primarily of equipment and fixtures, deferred financing costs, customer accounts receivable, investments in trusts, other intangible assets, deferred tax assets and prepaid expenses. Depreciation of equipment and fixtures is computed on a straight-line basis over three to five years. Deferred financing costs are amortized to interest expense using the effective interest method over the terms of the respective debt agreements. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Derivative Instruments and Hedging Activities </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The accounting for changes in the fair value of derivatives depends on the intended use of the derivative and the resulting designation. Derivatives used to hedge the exposure to changes in the fair value of an asset, liability or firm commitment attributable to a particular risk are considered fair value hedges. Derivatives used to hedge the exposure to variability in expected future cash flows or other types of forecasted transactions are considered cash flow hedges. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> For derivatives designated as fair value hedges, changes in the fair value of the derivative and the hedged item related to the hedged risk are recognized in the statements of operations. For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income, outside of earnings, and subsequently reclassified to earnings when the hedged transaction affects earnings. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Risk Management and Use of Financial Instruments </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> In the normal course of its on-going business operations, the Company encounters economic risk. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk on its interest-bearing liabilities. Credit risk is the risk of inability or unwillingness of tenants to make contractually required payments. Market risk is the risk of declines in the value of properties due to changes in rental rates, interest rates or other market factors affecting the value of properties held by the Company. The Company has entered into interest rate swap agreements to manage a portion of its interest rate risk. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Conversion of Operating Partnership Units </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Conversions of Operating Partnership units to common stock, when converted under the original provisions of the Operating Partnership agreement, are accounted for by reclassifying the underlying net book value of the units from noncontrolling interest to the Company's equity. The difference between the fair value of the consideration paid and the adjustment to the carrying amount of the noncontrolling interest is recognized as additional paid in capital for the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Revenue and Expense Recognition</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Rental revenues are recognized as earned based upon amounts that are currently due from tenants. Leases are generally on month-to-month terms. Prepaid rents are recognized on a straight-line basis over the term of the leases. Promotional discounts are recognized as a reduction to rental income over the promotional period. Late charges, administrative fees, merchandise sales and truck rentals are recognized as income when earned. Management and franchise fee revenues are recognized monthly as services are performed and in accordance with the terms of the related management agreements. Tenant reinsurance premiums are recognized as revenue over the period of insurance coverage. Equity in earnings of real estate entities is recognized based on our ownership interest in the earnings of each of the unconsolidated real estate entities. Interest income is recognized as earned. <
/font></p>
<p style="FONT-FAMILY: times"><font size="2"> Property expenses, including utilities, property taxes, repairs and maintenance and other costs to manage the facilities are recognized as incurred. The Company accrues for property tax expense based upon invoice amounts, estimates and historical trends. If these estimates are incorrect, the timing of expense recognition could be affected. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Real Estate Sales </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> In general, sales of real estate and related profits/losses are recognized when all consideration has changed hands and risks and rewards of ownership have been transferred. Certain types of continuing involvement preclude sale treatment and related profit recognition; other forms of continuing involvement allow for sale recognition but require deferral of profit recognition. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Advertising Costs </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company incurs advertising costs primarily attributable to directory, direct mail, internet and other advertising. Direct response advertising costs are deferred and amortized over the expected benefit period determined to be 12 months. All other advertising costs are expensed as incurred. The Company recognized $6,430, $5,892, and $5,935 in advertising expense for the years ended December 31, 2010, 2009 and 2008, respectively. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Income Taxes </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has elected to be treated as a REIT under Sections 856 through 860 of the Internal Revenue Code. In order to maintain its qualification as a REIT, among other things, the Company is required to distribute at least 90% of its REIT taxable income to its stockholders and meet certain tests regarding the nature of its income and assets. As a REIT, the Company is not subject to federal income tax with respect to that portion of its income which meets certain criteria and is distributed annually to stockholders. The Company plans to continue to operate so that it meets the requirements for taxation as a REIT. Many of these requirements, however, are highly technical and complex. If the Company were to fail to meet these requirements, it would be subject to federal income tax. The Company is subject to certain state and local taxes. Provision for such taxes ha
s been included in income tax expense on the Company's consolidated statements of operations. For the year ended December 31, 2010, 0.1% (unaudited) of all distributions to stockholders qualifies as a return of capital. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has elected to treat one of its corporate subsidiaries, Extra Space Management, Inc., as a taxable REIT subsidiary ("TRS"). In general, the Company's TRS may perform additional services for tenants and generally may engage in any real estate or non-real estate related business (except for the operation or management of health care facilities or any lodging facilities or the provision to any person, under a franchise, license or otherwise, of rights to any brand name under which lodging facility or health care facility is operated). A TRS is subject to corporate federal income tax. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities. At December 31, 2010 and 2009, there were no material unrecognized tax benefits. Interest and penalties relating to uncertain tax positions will be recognized in income tax expense when incurred. As of December 31, 2010 and 2009, the Company had no interest or penalties related to uncertain tax provisions. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Stock-Based Compensation</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The measurement and recognition of compensation expense for all share-based payment awards to employees and directors are based on estimated fair values. Awards granted are valued at fair value and any compensation element is recognized on a straight line basis over the service periods of each award. </font></p>
<p style="FONT-FAMILY: times"><font size="2"><b>Net Income Per Share</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Basic net income per common share is computed by dividing net income by the weighted average common shares outstanding including unvested share based payment awards that contain a non-forfeitable right to dividends or dividend equivalents. Diluted earnings per common share measures the performance of the Company over the reporting period while giving effect to all potential common shares that were dilutive and outstanding during the period. The denominator includes the weighted average number of basic shares and the number of additional common shares that would have been outstanding if the potential common shares that were dilutive had been issued and is calculated using either the treasury stock or if-converted method. Potential common shares are securities (such as options, warrants, convertible debt, Contingent Conversion Shares ("CCSs"), Contingent Conversion Units ("CC
Us"), exchangeable Series A Participating Redeemable Preferred Operating Partnership units ("Preferred OP units") and exchangeable Operating Partnership units ("OP units")) that do not have a current right to participate in earnings but could do so in the future by virtue of their option or conversion right. In computing the dilutive effect of convertible securities, net income is adjusted to add back any changes in earnings in the period associated with the convertible security. The numerator also is adjusted for the effects of any other non-discretionary changes in income or loss that would result from the assumed conversion of those potential common shares. In computing diluted earnings per share, only potential common shares that are dilutive, those that reduce earnings per share, are included. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's Operating Partnership has $87,663 of exchangeable senior notes issued and outstanding as of December 31, 2010 that also can potentially have a dilutive effect on its earnings per share calculations. The exchangeable senior notes are exchangeable by holders into shares of the Company's common stock under certain circumstances per the terms of the indenture governing the exchangeable senior notes. The exchangeable senior notes are not exchangeable unless the price of the Company's common stock is greater than or equal to 130% of the applicable exchange price for a specified period during a quarter, or unless certain other events occur. The exchange price was $23.45 per share at December 31, 2010, and could change over time as described in the indenture. The price of the Company's common stock did not exceed 130% of the exchange price for the sp
ecified period of time during the fourth quarter of 2010; therefore holders of the exchangeable senior notes may not elect to convert them during the first quarter of 2011. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has irrevocably agreed to pay only cash for the accreted principal amount of the exchangeable senior notes relative to its exchange obligations, but has retained the right to satisfy the exchange obligations in excess of the accreted principal amount in cash and/or common stock. Though the Company has retained that right, Accounting Standards Codification ("ASC") 260, "</font><font size="2"><i>Earnings Per Share,"</i></font><font size="2"> requires an assumption that shares will be used to pay the exchange obligations in excess of the accreted principal amount, and requires that those shares be included in the Company's calculation of weighted average common shares outstanding for the diluted earnings per share computation. No shares were included in the computation at December 31, 2010, 2009 or 2008 because there was
no excess over the accreted principal for the period. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> For the purposes of computing the diluted impact on earnings per share of the potential conversion of Preferred OP units into common shares, where the Company has the option to redeem in cash or shares and where the Company has stated the positive intent and ability to settle at least $115,000 of the instrument in cash (or net settle a portion of the Preferred OP units against the related outstanding note receivable), only the amount of the instrument in excess of $115,000 is considered in the calculation of shares contingently issuable for the purposes of computing diluted earnings per share as allowed by ASC 260-10-45-46.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> For the years ended December 31, 2010, 2009 and 2008, options to purchase approximately 1,788,142 shares, 4,925,153 shares, and 1,870,423 shares of common stock, respectively, were excluded from the computation of earnings per share as their effect would have been anti-dilutive. All restricted stock grants have been included in basic and diluted shares outstanding because such shares earn a non-forfeitable dividend and carry voting rights. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The computation of net income per share is as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="10"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="68"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="68"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="68"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income attributable to common stockholders</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">26,331</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">31,977</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">35,781</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Add: Income allocated to noncontrolling interest—Preferred Operating Partnership and Operating Partnership</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">7,096</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">8,012</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">8,444</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Subtract: Fixed component of income allocated to noncontrolling interest—Preferred Operating Partnership</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,750</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,750</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,751</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income for diluted computations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">27,677</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">34,239</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">38,474</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Weighted average common shares outstanding:</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Average number of common shares outstanding—basic</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">87,324,104</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">86,343,029</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">76,996,754</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Operating Partnership units</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,356,963</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,627,368</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,264,968</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Preferred Operating Partnership units</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">989,980</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">989,980</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">989,980</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Dilutive and cancelled stock options and CCS/CCU conversions</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">379,406</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">122,457</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">101,286</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Average number of common shares outstanding—diluted</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">92,050,453</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">91,082,834</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">82,352,988</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net income per common share</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Basic</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.30</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.37</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.46</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Diluted</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.30</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.37</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">0.46</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"><b>Recently Issued Accounting Standards </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> In January 2010, the FASB issued new fair value measurements and disclosures standards to increase the transparency of these measures. The standards revise two disclosure requirements concerning fair value measurements and clarify two others. They require separate presentation of significant transfers into and out of Levels 1 and 2 of the fair value hierarchy and disclosure of the reasons for such transfers. They will also require the presentation of purchases, sales, issuances, and settlements within Level 3 on a gross basis rather than a net basis. The amendments also clarify that disclosures should be disaggregated by class of asset or liability and that disclosures about inputs and valuation techniques should be provided for both recurring and non-recurring fair value measurements. These new disclosure requirements were effective for the period ended M
arch 31, 2010, except for the requirement concerning gross presentation of Level 3 activity, which is effective for fiscal years beginning after December 15, 2010. The adoption of the new standards did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> In June 2009, the FASB issued changes to ASC 810, </font><font size="2"><i>"Consolidation,"</i></font><font size="2"> which amended guidance for determining whether an entity is a VIE, and requires the performance of a qualitative rather than a quantitative analysis to determine the primary beneficiary of a VIE. Under this guidance, an entity would be required to consolidate a VIE if it has (i) the power to direct the activities that most significantly impact the entity's economic performance and (ii) the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could be significant to the VIE. This guidance became effective for the first annual reporting period that began after November 15, 2009, with early adoption prohibited. The Company adopted this guidance effective January&
amp;nbsp;1, 2010 and reviewed the terms of all joint ventures in relation to the new guidance. As a result of this analysis, the Company determined that five joint ventures that were consolidated under the previous accounting guidance should be deconsolidated as of January 1, 2010. The assets and liabilities associated with these joint ventures were removed from the Company's financial statements and the Company's investments in these joint ventures were recorded under the equity method of accounting during the year ended December 31, 2010.</font></p></td></tr></table>
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation
The consolidated financial statements are false false false false false | Other us-types:textBlockItemType string This element may be used to describe all significant accounting policies of the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 22
-Paragraph 8
false false SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
1 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES UnKnown UnKnown UnKnown UnKnown false true
XML
19
R22.xml
IDEA: NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS
2.2.0.25 false false 1160 - Disclosure - NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
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3 false 0 exr_NoncontrollingInterestRepresentedByPreferredOperatingPartnershipUnitsDisclosureTextBlock exr false na duration This element encapsulates disclosures pertaining to noncontrolling preferred operating partnership of the entity. false false false false false false falsefalse false false terselabel 1 false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>16. NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 15, 2007, the Operating Partnership entered into a Contribution Agreement with various limited partnerships affiliated with AAAAA Rent-A-Space to acquire ten self-storage facilities (the "Properties") in exchange for the issuance of newly designated Preferred OP units of the Operating Partnership. The self-storage facilities are located in California and Hawaii. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 25 and 26, 2007, nine of the ten properties were contributed to the Operating Partnership in exchange for consideration totaling $137,800. Preferred OP units totaling 909,075, with a value of $121,700, were issued along with the assumption of approximately $14,200 of third-party debt, of which $11,400 was paid off at close. The final property was contributed on August 1, 2007 in exchange for consideration totaling $14,700. 80,905 Preferred OP units with a value of $9,800 were issued along with $4,900 of cash. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 25, 2007, the Company loaned the holder of the Preferred OP units $100,000. The note receivable bears interest at 4.85%, and is due September 1, 2017. The loan is secured by the borrower's Preferred OP units. The holder of the Preferred OP units can convert up to 114,500 Preferred OP units prior to the maturity date of the loan. If any redemption in excess of 114,500 Preferred OP units occurs prior to the maturity date, the holder of the Preferred OP units is required to repay the loan as of the date of that Preferred OP unit redemption. Preferred OP units are shown on the balance sheet net of the $100,000 loan because the borrower under the loan receivable is also the holder of the Preferred OP units.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Operating Partnership entered into a Second Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement") which provides for the designation and issuance of the Preferred OP units. The Preferred OP units will have priority over all other partnership interests of the Operating Partnership with respect to distributions and liquidation. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Under the Partnership Agreement, Preferred OP units in the amount of $115,000 bear a fixed priority return of 5% and have a fixed liquidation value of $115,000. The remaining balance will participate in distributions with and have a liquidation value equal to that of the common Operating Partnership units. The Preferred OP units became redeemable at the option of the holder on September 1, 2008, which redemption obligation may be satisfied, at the Company's option, in cash or shares of common stock. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On September 18, 2008, the Operating Partnership entered into a First Amendment to the Second Amended and Restated Agreement of Limited Partnership to clarify tax-related provisions relating to the Preferred OP units. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> GAAP requires a company to present ownership interests in subsidiaries held by parties other than the company in the consolidated financial statements within the equity section but separate from the company's equity. It also requires the amount of consolidated net income attributable to the parent and to the noncontrolling interest to be clearly identified and presented on the face of the consolidated statement of operations and requires changes in ownership interest to be accounted for similarly as equity transactions. If noncontrolling interests are determined to be redeemable, they are to be carried at their redemption value as of the balance sheet date and reported as temporary equity. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has evaluated the terms of the Preferred OP units and classifies the noncontrolling interest represented by the Preferred OP units as stockholders' equity in the accompanying consolidated balance sheets. The Company will periodically evaluate individual noncontrolling interests for the ability to continue to recognize the noncontrolling amount as permanent equity in the consolidated balance sheets. Any noncontrolling interests that fail to quality as permanent equity will be reclassified as temporary equity and adjusted to the greater of (1) the carrying amount, or (2) its redemption value as of the end of the period in which the determination is made.</font></p></td></tr></table>
16. NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS
On June 15, 2007, the false false false false false | Other us-types:textBlockItemType string This element encapsulates disclosures pertaining to noncontrolling preferred operating partnership of the entity. No authoritative reference available. false false NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS
1 2NONCONTROLLING INTEREST REPRESENTED BY PREFERRED OPERATING PARTNERSHIP UNITS UnKnown UnKnown UnKnown UnKnown false true
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20
R31.xml
IDEA: SUBSEQUENT EVENTS
2.2.0.25 false false 1250 - Disclosure - SUBSEQUENT EVENTS true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
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<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>25. SUBSEQUENT EVENTS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> On January 18, 2011, the Company closed a CMBS loan for $82,185. The loan has a 10-year term and a fixed interest rate of 5.8%. The loan is collateralized by certain real estate assets. Proceeds from the loan will be used for general corporate purposes and to repay other debt.</font></p></td></tr></table>
25. SUBSEQUENT EVENTS
On January 18, 2011, the Company closed a CMBS loan for $82,185. The loan has a false false false false false | Other us-types:textBlockItemType string Describes disclosed significant events or transactions that occurred after the balance sheet date, but before the issuance of the financial statements. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, losses resulting from fire or flood, losses on receivables, significant realized and unrealized gains and losses that resul
t from changes in quoted market prices of securities, declines in market prices of inventory, changes in authorized or issued debt (SEC), significant foreign exchange rate changes, substantial loans to insiders or affiliates, significant long-term investments, and substantial dividends not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 11
false false SUBSEQUENT EVENTS
1 2 SUBSEQUENT EVENTS UnKnown UnKnown UnKnown UnKnown false true
XML
21
R18.xml
IDEA: LINES OF CREDIT
2.2.0.25 false false 1120 - Disclosure - LINES OF CREDIT true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
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<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>12. LINES OF CREDIT</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> On December 8, 2010, the Company entered into a $40,000 revolving secured line of credit (the "Fourth Credit Line") that is collateralized by mortgages on certain real estate assets and matures December 8, 2013 with two one-year extension options available. The Company intends to use the proceeds from the Fourth Credit Line to repay debt and for general corporate purposes. The Fourth Credit Line has an interest rate of LIBOR plus 320 basis points with an interest rate floor of 4.5% (4.5% as of December 31, 2010). At December 31, 2010, $15,000 was drawn on the Fourth Credit Line. The Fourth Credit Line is guaranteed by the Company.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 4, 2010, the Company entered into a $45,000 revolving secured line of credit (the "Third Credit Line") that is collateralized by mortgages on certain lease-up real estate assets and matures May 31, 2013 with a two-year extension option available. The Company intends to use the proceeds from the Third Credit Line to repay debt and for general corporate purposes. The Third Credit Line has an interest rate of LIBOR plus 350 basis points (3.8% as of December 31, 2010). As of December 31, 2010, the Third Credit Line had $34,700 of capacity based on the lease-up of the assets collateralizing the Third Credit Line. At December 31, 2010, $25,467 was drawn on the Third Credit Line. The Third Credit Line is guaranteed by the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On February 13, 2009, the Company entered into a $50,000 revolving secured line of credit (the "Second Credit Line") that is collateralized by mortgages on certain real estate assets and matures February 13, 2013. The Company intends to use the proceeds of the Second Credit Line to repay debt and for general corporate purposes. The Second Credit Line has an interest rate of LIBOR plus 350 basis points (3.8% as of December 31, 2010 and 3.5% as of December 31, 2009). At December 31, 2010 and 2009, there was $30,000 and $0, respectively, drawn on the Second Credit Line. The Company is subject to certain covenants relating to the Second Credit Line. The Second Line of Credit is guaranteed by the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On October 19, 2007, the Company entered into a $100,000 secured revolving line of credit (the "Credit Line" and together with the Second Credit Line, Third Credit Line and Fourth Credit Line, the "Credit Lines") that matures October 31, 2011 with a one-year extension available. $100,000 was drawn on the Credit Line at December 31, 2010 and 2009. The Company intends to use the proceeds of the Credit Line to repay debt and for general corporate purposes. The Credit Line has an interest rate of between 100 and 205 basis points over LIBOR, depending on certain financial ratios of the Company (1.3% as of December 31, 2010 and 1.2% as of December 31, 2009). The Credit Line is collateralized by mortgages on certain real estate assets. As of December 31, 2010, the Credit Line had $100,000 of capacity based on the assets collate
ralizing the Credit Line.</font></p></td></tr></table>
12. LINES OF CREDIT
On December 8, 2010, the Company entered into a $40,000 revolving secured line of false false false false false | Other us-types:textBlockItemType string This element may be used to capture the complete disclosure pertaining to short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and aft
er the date of drawdowns on the line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph f
-Article 4
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 19, 22
-Article 5
false false LINES OF CREDIT
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XML
22
R32.xml
IDEA: Schedule III Real Estate and Accumulated Depreciation
2.2.0.25 false false 1260 - Disclosure - Schedule III Real Estate and Accumulated Depreciation true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
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3 false 0 us-gaap_ScheduleOfRealEstateAndAccumulatedDepreciationTextBlock us-gaap true na duration No definition available. false false false false false false false false false false terselabel1 false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
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<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="30"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
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<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
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<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
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<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="30"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Auburn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,895</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,895</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Auburn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">92</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">138</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">43</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">92</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">181</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">273</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hoover</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,858</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">508</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,679</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">503</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mesa</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">849</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">78</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">849</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Peoria</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">652</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">42</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">652</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,147</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,799</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">482</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Peoria</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Phoenix</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,441</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,982</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">465</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,441</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,447</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,888</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,289</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Phoenix</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">669</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,135</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">135</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">669</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,270</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,939</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">457</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Phoenix</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">AZ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,440</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,530</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">164</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,694</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,246</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">476</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alameda</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,919</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,984</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,919</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,386</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17,305</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,528</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Antelope</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,345</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(22</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(b)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,323</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,508</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">490</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Belmont</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">25</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,305</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,805</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">633</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Berkeley</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,923</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,716</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">19,602</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,510</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,716</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21,112</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">22,828</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,951</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Burbank</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,849</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,199</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,082</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">506</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">419</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">672</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,260</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,878</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,662</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Castro Valley</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,346</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chatsworth</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,594</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(3,594</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(11,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Claremont</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,012</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">199</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,211</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,683</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">394</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Colma</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,254</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">22,002</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,052</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24,054</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,342</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Compton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,689</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,582</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,608</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,034</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">444</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">El Cajon</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,380</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,380</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,480</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">176</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">El Sobrante</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,209</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,018</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">935</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,209</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,953</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">562</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Elk Grove</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,392</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">952</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,936</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">123</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">234</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,186</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">45</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fontana</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,246</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,356</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">142</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">54</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">179</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,677</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,977</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">717</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fontana</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,846</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">39</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">186</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">928</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Glendale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,084</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,098</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hawthorne</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,532</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,871</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">177</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,532</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,048</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hayward</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,149</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,006</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,864</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,149</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,019</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,045</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hemet</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,146</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,369</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">214</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,146</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,583</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,729</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">969</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Inglewood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,095</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">377</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,529</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,099</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,628</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,176</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lancaster</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,855</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">32</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">158</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lancaster</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,840</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,347</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,827</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,347</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,015</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">766</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Livermore</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,134</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,615</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,134</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,720</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,854</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">819</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Long Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,403</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,595</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,403</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(7,595</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Angeles</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,431</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">111</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,611</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,461</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,072</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">964</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Angeles</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,991</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,774</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,991</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,803</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,794</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">758</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Angeles</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,200</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,108</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,200</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,110</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Angeles</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(3,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(b)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Los Gatos</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Manteca</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,777</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">848</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,543</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">848</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">490</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Marina Del Rey</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">23,549</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(4,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(23,549</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Modesto</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">909</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,043</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">245</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">909</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,288</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">341</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Highlands</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">696</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(696</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Hollywood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,125</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,257</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">74</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,125</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,331</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,456</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,115</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Oakland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,981</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,777</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">415</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,323</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Oakland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,024</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,321</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,024</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,369</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,393</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">157</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Oceanside</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,361</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,982</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,827</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pacoima</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,760</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,050</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,597</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,050</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,645</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,695</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Palmdale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,225</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,140</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,225</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,744</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,086</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pico Rivera</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,354</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,450</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">89</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,539</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,689</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">846</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pleasanton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,208</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">364</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,208</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,647</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,855</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">535</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Richmond</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">953</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,635</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">518</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">953</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,153</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,106</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">897</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Riverside</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,417</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,042</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">394</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,075</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,436</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">802</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sacramento</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,182</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">852</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,720</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">852</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,063</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,915</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sacramento</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,936</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,738</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,522</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">106</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(81</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,844</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,441</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,285</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">35</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sacramento</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,453</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,853</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">247</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sacramento</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,244</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(h)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(8,247</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(h)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Bernardino</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,061</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">107</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">569</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Bernardino</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,135</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">36</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,921</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Francisco</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,289</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,457</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,928</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,136</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,457</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,064</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">19,521</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Jose</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,803</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,821</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">169</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,990</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">191</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Leandro</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,207</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(52</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,291</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,701</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">43</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Leandro</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,994</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,777</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,872</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,649</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,250</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,207</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Santa Clara</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,791</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,218</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,981</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Santa Fe Springs</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,617</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,022</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">271</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,617</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,293</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,910</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">655</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sherman Oaks</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17,204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,051</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,152</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,051</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,451</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,041</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Simi Valley</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,533</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,285</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stockton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,066</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">649</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">649</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,030</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sylmar</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,385</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,058</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,671</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,058</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,892</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,950</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">383</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Thousand Oaks</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Torrance</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,710</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,271</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">483</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(d)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,110</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,864</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tracy</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,866</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,638</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">102</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">481</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">911</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,132</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">653</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tracy</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,937</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">110</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,057</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,003</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Vallejo</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,081</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,177</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,157</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">789</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,177</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,123</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">350</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Venice</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,576</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,803</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,803</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,515</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,406</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Watsonville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,385</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,699</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">155</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,699</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,211</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,910</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">499</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Whittier</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,408</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,985</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">66</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,071</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,071</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">696</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Arvada</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">286</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,521</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">446</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">286</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,967</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">644</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Colorado Springs</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,147</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">781</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">148</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">781</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,329</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">342</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Colorado Springs</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,468</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">148</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,458</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">255</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Denver</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,792</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,574</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,701</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,069</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Denver</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">602</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,052</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">143</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">512</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">745</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,036</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,781</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">836</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Parker</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,549</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">533</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,082</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,882</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">620</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Thornton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">212</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,044</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">516</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">36</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,949</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">876</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Westminster</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">291</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">821</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">48</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">765</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Groton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,458</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,992</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">328</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">46</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,643</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">892</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Middletown</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,098</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">932</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,810</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">136</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">932</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,878</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Wethersfield</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">CT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,801</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">709</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,205</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">709</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,052</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">964</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Coral Springs</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,991</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,638</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">194</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,638</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,784</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,422</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Deland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,971</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,093</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,411</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">538</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Estero</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,198</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,215</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,198</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fort Myers</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,985</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">339</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,985</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,322</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,307</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">855</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fort Myers</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,098</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,711</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">144</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,884</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,575</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">868</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ft Lauderdale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,205</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">239</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">32</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,476</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,063</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">789</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ft Lauderdale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,637</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Greenacres</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,463</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,244</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">58</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,463</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,316</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,779</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">526</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hialeah</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,159</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">51</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,639</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hialeah</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,582</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,678</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,807</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,678</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,815</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">51</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hialeah</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,730</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,159</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,909</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">176</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hollywood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,214</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,689</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,214</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,877</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">737</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kendall</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Madeira Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,719</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,163</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,306</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,992</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">911</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Margate</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,309</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">430</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,139</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">286</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">39</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">469</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,712</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,181</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,021</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,434</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,395</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">324</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">388</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,107</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,546</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,422</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,334</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,315</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,305</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">215</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">544</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">447</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,859</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,967</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,826</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,344</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,238</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,597</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">201</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,238</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,036</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,713</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,475</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,291</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">255</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Naples</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,570</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,102</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,570</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(5,102</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Lauderdale</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,699</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">428</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,516</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">31</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">260</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">459</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,825</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,258</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Miami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,535</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">398</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,933</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,189</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ocoee</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">872</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,642</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">872</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,786</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">629</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,008</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">176</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">39</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,499</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,233</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">229</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,233</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,706</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,101</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">106</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,228</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,702</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">966</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,390</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,816</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,123</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,954</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">873</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Orlando</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,786</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plantation</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,850</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,900</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,950</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,950</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Port Charlotte</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,632</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,141</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">815</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Riverview</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">654</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,953</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">107</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">29</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">654</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,089</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,743</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">556</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tamiami</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(5,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tampa</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,190</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,766</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">264</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,030</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tampa</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">883</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,533</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">883</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,662</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,545</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">406</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Valrico</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,139</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,411</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">111</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">34</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,556</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,753</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Venice</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,096</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,969</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,903</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">217</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,969</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,089</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">822</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Palm Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Palm Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,909</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,227</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">851</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Palm Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,164</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">263</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,246</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,954</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,200</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">836</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Palm Beach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">FL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,877</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">363</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">104</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,416</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,078</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">908</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alpharetta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,755</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,893</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">117</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,893</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,278</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Atlanta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,737</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,333</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">288</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">35</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,737</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,656</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,393</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,467</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Atlanta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,665</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,028</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">103</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,665</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,152</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">392</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Atlanta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,319</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">33</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,319</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,688</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,007</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,383</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dacula</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,879</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,083</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,076</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">405</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Douglasville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,209</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">719</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,209</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">734</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Duluth</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,370</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">72</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,677</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kennesaw</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">673</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">673</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,172</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,845</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lithonia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,958</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,645</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,958</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,616</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">107</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Marietta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,617</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,508</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">36</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Snellville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,026</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">145</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">23</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,194</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,885</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">735</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stone Mountain</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,505</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">190</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,695</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,620</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stone Mountain</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,382</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,539</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,356</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sugar Hill</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,540</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">119</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,368</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,659</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,027</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sugar Hill</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,371</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">115</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,371</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,662</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,033</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">265</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alpharetta</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">GL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,973</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,973</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,709</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">320</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kahului</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">HI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,984</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,044</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">492</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,984</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,536</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">19,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,490</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kapolei</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">HI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,102</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24,701</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">315</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">25,016</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">25,016</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,311</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,186</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,471</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">420</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,891</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">512</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,888</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,582</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">526</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,108</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">546</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,428</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">703</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">729</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Chicago</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,020</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,997</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,020</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(h)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(7,009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(h)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Crest Hill</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">847</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,946</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">61</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">121</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">968</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,447</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">711</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Gurnee</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,296</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">43</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,339</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,713</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">693</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Naperville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,355</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">70</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(850</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,950</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">392</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Aurora</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">600</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,833</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">61</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">600</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,894</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">South Holland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,606</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">839</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,879</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">108</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">865</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,096</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">699</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tinley Park</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IL</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,823</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,794</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">76</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(275</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">286</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Carmel</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,169</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,393</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">167</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,169</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,560</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,729</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fort Wayne</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,899</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,292</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,899</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,522</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,421</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Indianapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,922</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,457</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,625</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">361</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Indianapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,903</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">194</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,097</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,523</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">208</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Indianapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">850</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,545</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">850</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,768</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">303</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mishawaka</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">IN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,150</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,349</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">172</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,521</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">228</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Wichita</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">KS</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,154</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,897</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">290</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,187</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Louisville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">KY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,987</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,244</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">192</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,436</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,022</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">561</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Louisville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">KY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,217</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,611</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,217</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,738</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,955</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">719</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Louisville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">KY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,685</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">892</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,677</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">892</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,810</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,702</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">386</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Metairie</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">LA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,334</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,390</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">743</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New Orleans</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">LA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,058</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,058</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,927</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">855</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ashland</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,324</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">260</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">27</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,611</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,085</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">877</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Auburn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">918</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">918</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,908</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,826</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,073</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Brockton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,307</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">647</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,762</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">104</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">647</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,866</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,513</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">706</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dedham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,041</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">424</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,620</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dedham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,443</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,328</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">756</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,443</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,543</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">East Somerville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">132</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">146</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">146</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">64</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Everett</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">692</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">613</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">692</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,742</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,434</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">462</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Foxboro</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">759</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,158</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">405</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">759</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,563</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,322</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hudson</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,647</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">259</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,381</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,187</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,043</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Jamaica Plain</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,841</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,285</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,275</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">54</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,285</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,329</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,614</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">888</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kingston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">555</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,491</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">87</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">32</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">555</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,610</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,165</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">671</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lynn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,347</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,703</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">226</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,703</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,463</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">911</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Marshfield</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,776</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,039</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,155</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,039</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">773</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Milton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,838</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,979</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,227</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,838</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,226</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,064</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,281</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Oxford</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">482</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,762</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">46</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">528</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,115</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,643</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">653</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-99</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Northborough</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,468</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,715</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">482</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,477</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">919</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Norwood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,160</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,336</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,385</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">61</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">95</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,816</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,037</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">910</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-99</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plainville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,430</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">348</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">878</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Quincy</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,359</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,078</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,359</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,281</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,640</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">856</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Raynham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,442</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,270</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">82</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">323</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">670</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,841</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">737</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Saugus</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,917</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,514</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">326</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">104</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,669</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Somerville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,070</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,570</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">459</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,731</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,042</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,773</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,657</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stoneham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,372</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,316</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">794</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stoughton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,912</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,769</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">212</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,981</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,735</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">830</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Waltham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">656</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,753</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,167</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Weymouth</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,391</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">112</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,806</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,047</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Woburn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">199</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">84</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Worcester</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">896</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,377</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,692</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">896</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,069</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,965</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,542</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Worcester</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,462</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,350</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,433</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">84</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,350</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,867</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">487</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Annapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,896</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,375</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,127</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,502</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">847</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Annapolis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,940</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,247</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,248</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,369</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,617</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">731</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Arnold</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,459</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,446</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">228</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,674</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,232</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Baltimore</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,955</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">35</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,990</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">339</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Baltimore</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,900</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,900</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,293</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">73</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bethesda</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,745</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18,331</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18,587</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,896</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Capitol Heights</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,461</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,866</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,461</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,868</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,329</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">53</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Columbia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,364</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,632</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">189</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,821</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,557</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Edgewood</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(575</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">425</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ft. Washington</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,280</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,920</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,174</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">139</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,920</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,233</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">970</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lanham</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,346</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,079</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">824</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(b)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,915</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,533</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,054</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Laurel Heights</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,920</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,930</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,956</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,956</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">477</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pasadena</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,732</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">257</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pasadena</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,500</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Rockville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,680</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,328</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,513</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Towson</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MD</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,082</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">861</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,742</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">180</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">861</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,922</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,783</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">739</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Grandville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,693</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">726</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,298</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">297</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">726</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,595</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,321</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">297</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mount Clemens</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,796</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">263</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,857</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Florissant</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,429</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,648</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,241</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,927</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">516</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Grandview</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,095</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">612</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">612</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,070</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,682</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">382</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">St. Louis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,845</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,444</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">217</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,444</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,823</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">452</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">St. Louis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,735</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">228</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,779</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">394</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">St. Louis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,094</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">631</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,159</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">59</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">205</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">690</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,651</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,341</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">758</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">St. Louis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">MO</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,606</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">156</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">173</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,830</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,003</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">530</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Merrimack</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">200</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">63</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,595</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">809</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-99</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Nashua</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">755</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">76</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">831</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">831</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Avenel</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,080</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,518</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,037</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">218</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,518</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,797</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,316</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bayville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">196</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">41</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,193</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,549</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,742</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bellmawr</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,600</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,600</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,765</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">75</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,675</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,468</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">214</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Edison</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,762</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">366</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,913</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,164</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Egg Harbor Twp. </font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,724</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,001</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">610</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,724</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,611</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,335</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,384</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Ewing</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,720</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(e)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,563</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,472</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,035</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Glen Rock</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,858</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,401</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">133</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">113</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">249</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,222</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,783</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,005</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">631</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hackensack</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,234</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">559</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,283</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,076</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,841</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hazlet</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,262</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">418</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,680</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,042</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,535</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Hoboken</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,687</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,092</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">158</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,687</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,940</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,419</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Howell</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,332</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,440</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,407</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">319</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,440</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,726</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">931</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Iselin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,864</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">505</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,524</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">360</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">505</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,884</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,389</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,246</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lawrenceville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">342</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,982</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,944</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Linden</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,384</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">152</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,536</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,053</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lumberton</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,719</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">831</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">126</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">22</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">831</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,208</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,039</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lyndhurst</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,566</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,679</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,644</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">250</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">446</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,929</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,296</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,225</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,190</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Metuchen</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,153</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,462</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">201</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,153</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,663</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,816</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Monmouth Junction</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,400</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,835</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">18</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,853</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">143</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Morrisville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,487</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,487</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,083</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,589</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Neptune</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,769</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,906</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">174</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,080</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,284</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">984</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Bergen</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,299</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">13,046</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">15,345</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,871</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">North Bergen</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,671</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,606</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">167</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">74</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,847</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,947</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,447</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-03</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Old Bridge</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,195</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,758</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,450</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">655</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,758</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,863</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,745</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-01</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Parlin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,516</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">378</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,517</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,894</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,411</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">872</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Parlin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,008</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,273</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">274</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,607</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Toms River</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,935</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">252</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,790</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,187</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,977</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Union</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NJ</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,237</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">178</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">78</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,754</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,247</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,118</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Albuquerque</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NM</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,090</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,298</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,628</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,298</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,213</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">508</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="27"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Las Vegas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NV</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">748</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(748</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(4,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Las Vegas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NV</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">251</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">717</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">291</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">27</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">87</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">278</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,095</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,373</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">386</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bohemia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,630</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,456</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,398</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,456</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,716</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,172</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">157</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bronx</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,817</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,995</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">511</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">28</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,995</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,409</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,404</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,170</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Brooklyn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,338</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,405</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">88</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,493</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">23,486</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">610</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Brooklyn</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,475</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,802</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,536</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">69</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,802</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,605</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,407</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">106</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Centereach</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,163</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,226</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,657</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">93</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,226</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">109</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Oct-08</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Freeport</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,592</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,784</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,676</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,784</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,460</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mount Vernon</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,100</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,025</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">913</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,585</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,938</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,523</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,046</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Mount Vernon</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,451</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,926</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,622</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">33</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,926</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,132</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,739</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Nanuet</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,792</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,072</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,644</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">666</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">24</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,738</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,555</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,293</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,243</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-02</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New Paltz</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,715</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">316</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,031</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,090</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">664</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">New York</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">10,263</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">16,978</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,060</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">17,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">20,618</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,602</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plainview</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">NY</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,710</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,287</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,548</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,191</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Columbus</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,888</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">483</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,654</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">483</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,093</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,576</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Columbus</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,336</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(3,336</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kent</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,494</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">149</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,355</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,575</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">262</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Whitehall</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OH</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(374</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,059</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Aloha</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OR</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,262</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">166</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,221</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,428</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,649</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">971</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">King City</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">OR</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,550</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,845</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">33</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,878</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">9,398</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Sep-09</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bensalem</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,185</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">66</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,131</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,742</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,873</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">830</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Bensalem</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,015</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">750</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,137</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,887</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">422</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Mar-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Doylestown</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,616</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">220</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,442</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">301</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a) (d)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">384</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">521</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,098</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,619</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">920</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-99</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kennedy Township</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,405</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,173</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">147</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">736</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,320</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,056</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">938</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Philadelphia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,470</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,470</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(8,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Philadelphia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,965</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,925</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">907</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,965</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,839</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,804</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,277</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Feb-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pittsburgh</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,798</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">889</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,117</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">363</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">889</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,480</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,369</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,206</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Pittsburgh</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">PA</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">991</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,990</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">397</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">91</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">199</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(a)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,082</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,668</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">680</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-00</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Johnston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">RI</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,070</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,799</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">325</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,658</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,782</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">818</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Charleston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">SC</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">78</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">30</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,279</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,558</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">740</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Columbia</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">SC</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">838</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">116</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">38</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">838</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,466</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,304</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">627</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Goose Creek</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">SC</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,683</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,372</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">908</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">30</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,683</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,993</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">813</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Summerville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">SC</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">450</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">87</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">26</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">450</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,567</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,017</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">801</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Cordova</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,688</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">852</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,720</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">184</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">852</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,904</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,756</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">474</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Cordova</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,476</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(7,476</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Cordova</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,787</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">894</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,680</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">120</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">894</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,800</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,694</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">298</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jan-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Memphis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,725</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Memphis</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">814</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,766</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(814</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,766</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Nashville</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TN</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,960</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">390</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,598</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">526</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">390</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,514</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">466</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Allen</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,406</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">901</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">161</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">901</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,714</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,615</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">621</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Arlington</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,635</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">534</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,525</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">219</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">34</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">534</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,778</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">543</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Austin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,105</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,313</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Austin</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,095</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,455</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">178</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">35</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,668</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,538</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">832</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dallas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(5,547</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dallas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,980</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,501</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">251</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,980</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">12,752</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">14,732</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">May-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dallas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,080</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">337</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">370</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">337</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,586</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,923</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">397</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Dallas</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,983</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,181</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">362</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">36</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,579</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,011</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,151</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Fort Worth</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,266</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">631</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,794</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">136</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">31</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">631</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,592</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,032</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Grand Prairie</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,356</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,330</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">125</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">31</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">551</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,486</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,037</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">443</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Houston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">749</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(749</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(4,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Houston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,566</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,735</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">222</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,596</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">8,957</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">11,553</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,108</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Houston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,870</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,272</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">La Porte</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,608</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,608</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,355</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,963</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plano</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,613</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,871</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(1,613</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(2,871</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plano</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,615</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,203</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">229</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">6,432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">7,442</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">691</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Plano</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">614</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,775</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">165</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">614</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,940</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,554</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">449</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Rowlett</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,091</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,002</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,601</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,002</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,857</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,859</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">344</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Antonio</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,816</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">307</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">30</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,153</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,422</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">410</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Antonio</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,168</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,496</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">88</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">32</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">253</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,616</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">303</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">San Antonio</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,471</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,556</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">183</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">(408</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">(f)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,471</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,331</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5,802</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">293</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Dec-07</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">South Houston</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">TX</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,492</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">478</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,069</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">354</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">478</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,423</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">4,901</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">593</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Apr-06</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Kearns</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">642</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,607</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">230</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">642</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2,837</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">3,479</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">541</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Jun-04</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Murray</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">571</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">986</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">571</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">988</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">1,559</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">5</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="1">Nov-10</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="1"> </font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<!-- COMMAND=ROTATED_TABLE WIDTH="150%" -->
<p style="FONT-FAMILY: times" align="center"><font size="1"><b>Extra Space Storage Inc.<br />
Schedule III<br />
Real Estate and Accumulated Depreciation<br />
(Dollars in thousands) </b></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; WIDTH: 100%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="1"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="left" width="21"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="34"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="22"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" align="left" width="26"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="34"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="46"></td>
<td style="FONT-FAMILY: times" width="6"></td>
<td style="FONT-FAMILY: times" align="right" width="4"></td>
<td style="FONT-FAMILY: times" width="55"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>Gross carrying amount at<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 40pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Property Name <!-- COMMAND=ADD_SCROPPEDRULE,40pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Debt </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
initial cost </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements<br />
initial cost</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building costs<br />
subsequent<br />
to acquisition</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building<br />
Adjustments </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Land </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Building and<br />
improvements </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Accumulated<br />
depreciation </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Date acquired<br />
or development<br />
completed</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Salt Lake City</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">986</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,455</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">986</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,461</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,447</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">42</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Sandy</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,119</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,349</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,372</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">226</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,349</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,598</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,947</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">699</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Jordan</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">735</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,146</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">735</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,149</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,884</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">11</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Nov-10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">West Valley City</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">UT</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,850</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">461</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,722</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">123</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">461</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,845</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,306</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">295</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Alexandria</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,276</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,620</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">13,103</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">430</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,620</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">13,533</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">15,153</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,399</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jun-07</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Arlington</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,802</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,804</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,804</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">83</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Oct-10</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Burke</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,067</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,261</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(2,067</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(4,261</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">(g)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Falls Church</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,173</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,259</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,975</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">312</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,259</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,287</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">8,546</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,087</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Richmond</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,305</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,467</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">84</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">8</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">(c)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,305</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,559</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,864</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">934</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Aug-04</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Stafford</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">VA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">0</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,076</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,175</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">50</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,076</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,225</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,301</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">264</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jan-09</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lakewood</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">WA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,600</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,917</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,256</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">148</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,917</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">5,404</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,321</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">697</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Feb-06</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Lakewood</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">WA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,597</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,389</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,780</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">182</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,389</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,962</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,351</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">656</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Feb-06</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Seattle</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">WA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,727</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,241</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">184</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,727</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">7,425</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">10,152</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,107</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Jul-05</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Tacoma</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">WA</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,428</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,031</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,103</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">124</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,031</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">3,227</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">4,258</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">437</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Feb-06</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Other corporate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">849</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,202</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">6,960</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(849</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1">(d)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">9,162</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">9,162</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,699</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Various</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Construction in progress</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">37,083</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">37,083</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">37,083</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"><font size="1">Intangible tenant relationships and lease rights</font></p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">38,407</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">—</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">38,407</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">38,407</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">32,772</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">Various</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 7pt; TEXT-INDENT: -7pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">871,403</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">558,748</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,695,988</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">666</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">133,869</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(41,125</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">(112,702</font></td>
<td style="FONT-FAMILY: times"><font size="1">)</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">518,289</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">1,717,155</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">2,235,444</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1">263,042</font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="1"> </font></td>
<td style="FONT-FAMILY: times"><font size="1"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 0%; PADDING-TOP: 0pt; POSITION: relative; TEXT-ALIGN: left"><!-- COMMAND=ADD_LINERULETXT,NOSHADE COLOR="#000000" SIZE="1.0PT" WIDTH="19%" ALIGN="LEFT" -->
<hr style="COLOR: #000000" align="left" width="19%" noshade="noshade" size="1" />
<dl compact="compact">
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(a)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustments relate to the acquisition of joint venture partners interests <br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(b)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to partial disposition of land <br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(c)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to asset transfers between land, building and/or equipment <br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(d)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to asset transfers between entities <br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(e)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to impairment charge <br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(f)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to a purchase price adjustment <br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(g)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to sale of assets to an unconsolidated joint venture in which the Company is a partner<br />
<br /></font></dd>
<dt style="MARGIN-BOTTOM: -9pt; FONT-FAMILY: times"><font size="1">(h)</font></dt>
<dd style="FONT-FAMILY: times"><font size="1">Adjustment relates to deconsolidation of property </font></dd></dl></div></td></tr></table>
Extra Space Storage Inc.
Schedule III
Real Estate and Accumulated Depreciation
(Dollars in thousands)
<!-- User-specified TAGGED TABLE false false false false false | Other us-types:textBlockItemType string This element may be used to capture the complete schedule of all real estate that is held for investment. The schedule should describe the property and list the initial cost of land, buildings and improvements, improvements and carrying costs capitalized after acquisition, and the total carrying cost for land, buildings and improvements for each property and in aggregate. The schedule should also list the accumulated depreciation for each property and in aggregate, the date each property was constructed an
d acquired, the useful life used to calculate depreciation and any encumbrances on the properties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph c
-Subparagraph Schedule III
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 28
-Article 12
false false Schedule III Real Estate and Accumulated Depreciation
1 2 Schedule III Real Estate and Accumulated Depreciation UnKnown UnKnown UnKnown UnKnown false true
XML
23
R12.xml
IDEA: INVESTMENTS AVAILABLE FOR SALE
2.2.0.25 false false 1060 - Disclosure - INVESTMENTS AVAILABLE FOR SALE true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
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<p style="FONT-FAMILY: times"><font size="2"><b>6. INVESTMENTS AVAILABLE FOR SALE</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has accounted for securities classified as "available for sale" at fair value. Adjustments to the fair value of available for sale securities were recorded as a component of other comprehensive income. A decline in the market value of investment securities below cost, that was deemed to be other than temporary, resulted in a reduction in the carrying amount to fair value. The impairment was charged to earnings and a new cost basis for the security was established. The Company's investments available for sale have generally consisted of non mortgage-backed auction rate securities ("ARS"). ARS are generally long-term debt instruments that provide liquidity through a Dutch auction process that resets the applicable interest rate at pre-determined calendar intervals, generally every 28 days. This mechanism allows existing investors to rollover their holding
s and continue to own their respective securities or liquidate their holdings by selling their securities at par. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> At December 31, 2007, the Company had $24,460 invested in non mortgage- backed ARS. Uncertainties in the credit markets had prevented the Company and other investors from liquidating the holdings of auction rate securities in auctions for these securities because the amount of securities submitted for sale exceeded the amount of purchase orders. As a result, during the year ended December 31, 2007, the Company recorded an other-than-temporary impairment charge of $1,233 and a temporary impairment charge of $1,415, which reduced the carrying value of the Company's investments in ARS to an estimated fair value of $21,812 as of December 31, 2007. On February 29, 2008, the Company liquidated its holdings of ARS for $21,812 in cash. As a result of this settlement, the Company recognized $1,415 of the amount that was previously classified as a
temporary impairment as a loss on sale of investments available for sale through earnings. The Company has not had investments in ARS or investments available for sale since March 1, 2008.</font></p></td></tr></table>
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<td>
<p style="FONT-FAMILY: times"><font size="2"><b>8. NOTES PAYABLE </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The components of notes payable are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
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<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2"><b>Fixed Rate</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Mortgage and construction loans with banks (including loans subject to interest rate swaps) bearing interest at fixed rates between 4.2% and 7.0%. The loans are collateralized by mortgages on real estate assets and the assignment of rents. Principal and interest payments are made monthly with all outstanding principal and interest due between June 2011 and August 2019. </font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">695,505</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">895,473</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-TOP: 12pt; MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2"><b>Variable Rate</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Mortgage and construction loans with banks bearing floating interest rates based on LIBOR and Prime. Interest rates based on LIBOR are between LIBOR plus 1.5% (1.8% and 1.7% at December 31, 2010 and December 31, 2009, respectively) and LIBOR plus 4.0% (4.3% and 4.2% at December 31, 2010 and December 31, 2009, respectively). Interest rates based on Prime are between Prime plus 0.5% (3.8% at December 31, 2010 and December 31, 2009), and Prime plus 1.5% (4.8% at December 31, 2010 and December 31, 2009). The loans are collateralized by mortgages on real estate assets and the assignment of rents. Principal and interest payments are made monthly with all outstanding principal and interest due between February 2011 and May 2015. </font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">175,898</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">204,120</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">871,403</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,099,593</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The following table summarizes the scheduled maturities of notes payable at December 31, 2010:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
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<!-- User-specified TAGGED TABLE -->
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<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="51"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2011</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">192,888</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2012</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">57,234</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2013</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">42,445</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2014</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">149,428</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">2015</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">204,300</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Thereafter</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">225,108</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">871,403</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Certain mortgage and construction loans with variable rate debt are subject to interest rate floors starting at 4.5%. Real estate assets are pledged as collateral for the notes payable. Also, certain of these notes payable are cross-collateralized with other properties. Of the Company's $871,403 in notes payable outstanding at December 31, 2010, $511,229 were recourse due to guarantees or other security provisions. The Company is subject to certain restrictive covenants relating to the outstanding notes payable. The Company was in compliance with all financial covenants at December 31, 2010.</font></p></td></tr></table>
8. NOTES PAYABLE
The components of notes payable are summarized as follows:
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<p style="FONT-FAMILY: times"><font size="2"><b>9. DERIVATIVES </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> GAAP requires the recognition of all derivative instruments as either assets or liabilities on the balance sheet at fair value. The accounting for changes in fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship and further, on the type of hedging relationship. A company must designate each qualifying hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge, or a hedge of a net investment in foreign operation. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company is exposed to certain risks relating to its ongoing business operations. The primary risk managed by using derivative instruments is interest rate risk. Interest rate swaps are entered into to manage interest rate risk associated with Company's fixed and variable-rate borrowings. The Company designates certain interest rate swaps as cash flow hedges of variable-rate borrowings and the remainder as fair value hedges of fixed-rate borrowings. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The following table summarizes the terms of the Company's derivative financial instruments:</font></p>
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<td style="FONT-FAMILY: times" align="center" width="65"></td>
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<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Hedge Type </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notional Amount </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Strike </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Effective Date </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Maturity </b></font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Reverse Swap Agreement</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Fair Value</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">61,770</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Libor plus 0.65%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">10/31/2004</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/1/2009</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">63,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">4.24%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">2/1/2009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/30/2013</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">26,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6.32%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">7/1/2009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">7/1/2014</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8,462</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6.98%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">7/27/2009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/27/2016</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6.12%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">11/2/2009</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">11/1/2014</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,700</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">5.80%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/11/2010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6/1/2015</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Cash Flow</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">48,876</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">6.10%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">7/1/2010</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">9/1/2014</font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Monthly interest payments were recognized as an increase or decrease in interest expense as follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="left" width="93"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="34"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="30"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="2"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8" rowspan="2"><font size="1"><b>For the Year Ended December 31,</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="2"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" rowspan="2"><font size="1"><b>Classification of<br />
Income (Expense) </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 16pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Type <!-- COMMAND=ADD_SCROPPEDRULE,16pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Reverse Swap Agreement</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">916</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(923</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(309</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(266</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(126</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(21</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(376</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(3,078</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(463</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">223</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Information relating to the losses recognized on the swap agreements is as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="86"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="center" width="93"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="78"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="3"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2" rowspan="3"><font size="1"><b>Gain (loss)<br />
reclassified from<br />
OCI</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="3"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2" rowspan="3"><font size="1"><b>Gain (loss)<br />
recognized in OCI</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="3"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" rowspan="3"><font size="1"><b>Location of<br />
amounts<br />
reclassified from<br />
OCI into income </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times" rowspan="2"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2" rowspan="2"><font size="1"><b>Year ended<br />
December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 16pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Type <!-- COMMAND=ADD_SCROPPEDRULE,16pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,473</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,231</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(728</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(399</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(266</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(426</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(261</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(562</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(216</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,142</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2">Interest expense</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(376</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(4,963</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(3,078</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom" align="center"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The Swap Agreements were highly effective for the year ended December 31, 2010. The gain (loss) reclassified from OCI in the preceding table represents the effective portion of our cash flow hedges reclassified from OCI to interest expense during the year ended December 31, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The balance sheet classification and carrying amounts of the interest rate swaps are as follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="left" width="89"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="left" width="89"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="9"><font size="1"><b>Asset (Liability) Derivatives </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="4"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="4"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 166pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Derivatives designated as hedging instruments: <!-- COMMAND=ADD_SCROPPEDRULE,166pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Balance Sheet<br />
Location </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Fair<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Balance Sheet<br />
Location </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Fair<br />
Value </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 1</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,813</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(340</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 2</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,439</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(478</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 3</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(643</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(244</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 4</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(475</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(49</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 5</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(562</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">N/A</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Swap Agreement 6</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Other liabilities</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,142</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">N/A</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(6,074</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,111</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
9. DERIVATIVES
GAAP requires the recognition of all derivative instruments as either assets or liabilities on false false false false false | Other us-types:textBlockItemType string This element can be used to disclose the entity's entire derivative instruments and hedging activities disclosure as a single block of text. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising there from, and the amounts of and meth
odologies and assumptions used in determining the amounts of such items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44
false false DERIVATIVES
1 2 DERIVATIVES UnKnown UnKnown UnKnown UnKnown false true
XML
27
R24.xml
IDEA: OTHER NONCONTROLLING INTERESTS
2.2.0.25 false false 1180 - Disclosure - OTHER NONCONTROLLING INTERESTS true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
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3 false 0 us-gaap_MinorityInterestDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>18. OTHER NONCONTROLLING INTERESTS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> Other noncontrolling interests represent the ownership interests of various third parties in three consolidated self-storage properties as of December 31, 2010. Two of these consolidated properties were under development, and one was in the lease-up stage as of December 31, 2010. The ownership interests of the third party owners range from 5.0% to 27.6%. Other noncontrolling interests are included in the stockholders' equity section of the Company's consolidated balance sheet. The income or losses attributable to these third party owners based on their ownership percentages are reflected in net income allocated to the Operating Partnership and other noncontrolling interests in the consolidated statement of operations. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In October 2010, the Company paid $500 to obtain its joint venture partners' equity interests in three joint ventures: Extra Space of Franklin Blvd. LLC, Extra Space of Washington Avenue LLC and Extra Space of Elk Grove LLC. Each of these joint ventures owned a single pre-stabilized property. These properties are now wholly-owned and consolidated. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 25, 2010, the Company acquired all of its minority partners' membership interests in two consolidated self-storage properties located in New Jersey for a total of $50 in cash. Both of these properties are in the lease-up stage and are now wholly-owned by the Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In April 2009, the Company requested a capital contribution from its partners in Westport Ewing LLC, a consolidated joint venture, in order to reduce the joint venture's loan with its current lender. The partners were unable to provide their pro rata share of the funds required to satisfy the lender and deeded their interest in Westport Ewing LLC to the Company on June 1, 2009. As a result, the property held by this joint venture became a wholly-owned property of the Company. The Company recorded a loss of $800 related to the reassessment of the fair value of the property.</font></p></td></tr></table>
18. OTHER NONCONTROLLING INTERESTS
Other noncontrolling interests represent the ownership interests of various false false false false false | Other us-types:textBlockItemType string Description of noncontrolling interest in consolidated subsidiaries which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in
the amount of the noncontrolling interest, the noncontrolling interest share of the net income (loss) of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
false false OTHER NONCONTROLLING INTERESTS
1 2 OTHER NONCONTROLLING INTERESTS UnKnown UnKnown UnKnown UnKnown false true
XML
28
R20.xml
IDEA: RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS
2.2.0.25 false false 1140 - Disclosure - RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 USD USD $ 2 true 0 exr_RelatedPartyAndAffiliatedRealEstateJointVentureTransactionsDisclosureAbstract exr false na duration No definition available. false falsefalse false false false false false false false 1 false false false 0 0 false false false false false | Other xbrli:stringItemTyp
e string No definition available. false false RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS
3 false 0 us-gaap_RelatedPartyTransactionsDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false falseterselabel 1 false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>14. RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company provides management services to certain joint ventures, franchise, third parties and other related party properties. Management agreements provide generally for management fees of 6% of cash collected from total revenues for the management of operations at the self-storage facilities. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Management fee revenues for related party and affiliated real estate joint ventures are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 62%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"130%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="130%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="left" width="201"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="2"> </font></th>
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" nowrap="nowrap" align="left">
<div style="MARGIN-BOTTOM: 0pt; WIDTH: 22pt; BORDER-BOTTOM: #000000 1pt solid"><font size="1"><b>Entity <!-- COMMAND=ADD_SCROPPEDRULE,22pt --></b></font></div></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center"><font size="1"><b>Type </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESW</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">403</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">402</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">432</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESW II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">318</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">312</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">310</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESNPS</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">458</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">452</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">466</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">ESSM</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">44</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">11</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">HSRE</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,917</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,793</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,076</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,964</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,989</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,147</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">PRISA III</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,722</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,686</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,774</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">VRS</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,136</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,128</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,175</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">WCOT</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,468</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,454</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,536</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">SP I</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,256</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,243</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,296</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">SPB II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,003</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Everest</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Affiliated real estate joint ventures</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">491</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">359</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">351</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">Franchisees, third parties and other</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,041</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,189</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,379</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">23,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,961</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20,945</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Receivables from related parties and affiliated real estate joint ventures balances are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Mortgage notes receivable</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,943</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other receivables from properties</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,118</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10,061</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,114</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> Other receivables from properties consist of amounts due for management fees and expenses paid on behalf of the properties that the Company manages. The Company believes that all of these related party and affiliated real estate joint venture receivables are fully collectible. The Company does not have any payables to related parties at December 31, 2010 and 2009. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In January 2009, the Company purchased a lender's interest in a construction loan from a joint venture that owns a single property located in Sacramento, CA. The construction loan was to ESS of Sacramento One, LLC, a joint venture in which the Company owns a 50% interest, and was guaranteed by the Company. In July 2009, the Company purchased a lender's interest in a mortgage note from a joint venture that owns a single property located in Chicago, IL. The note was to Extra Space of Montrose, a joint venture in which the Company holds a 39% interest, and was also guaranteed by the Company. Both ESS of Sacramento One, LLC and Extra Space of Montrose were consolidated as of December 31, 2009, as each joint venture was considered to be a VIE of which the Company was the primary beneficiary. The construction loan and mortgage note receivable were elimi
nated by the Company in consolidation as of December 31, 2009. On January 1, 2010, the Company adopted changes to the accounting guidance in ASC 810, </font><font size="2"><i>"Consolidation."</i></font><font size="2"> As a result of the adoption of this new guidance, the Company determined that these joint ventures should no longer be consolidated as the power to direct the activities that most significantly impact these entities' economic performance is shared equally by the Company and their joint venture partners, and therefore there is no primary beneficiary of either joint venture. The Company therefore deconsolidated these joint ventures as of January 1, 2010, and removed the associated assets and liabilities from its books. The $3,039 note receivable from Extra Space of Montrose and the $3,904 loan receivable from ESS of Sacramento One, LLC are no longer eliminated in consolidation as the Company now accounts for its interest in t
hese joint ventures using the equity method of accounting.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> Centershift, a related party service provider, is partially owned by a certain director and certain members of management of the Company. Effective January 1, 2004, the Company entered into a license agreement with Centershift which secures a perpetual right for continued use of STORE (the site management software used at all sites operated by the Company) in all aspects of the Company's property acquisition, development, redevelopment and operational activities. During the years ended December 31, 2010, 2009 and 2008, the Company paid Centershift $778, $1,081, and $989, respectively, relating to the purchase of software and to license agreements. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has entered into an aircraft dry lease and service and management agreement with SpenAero, L.C. ("SpenAero") an affiliate of Spencer F. Kirk, the Company's Chairman and Chief Executive Officer. Under the terms of the agreement, the Company pays a defined hourly rate for use of the aircraft. During the years ended December 31, 2010, 2009 and 2008, the Company paid SpenAero $668, $631, and $440, respectively. The services that the Company receives from SpenAero are similar in nature and price to those that are provided to other outside third parties.</font></p></td></tr></table>
14. RELATED PARTY AND AFFILIATED REAL ESTATE JOINT VENTURE TRANSACTIONS
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the related party, and amounts due to or from related parties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common p
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-Name Regulation S-X (SX)
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-Section 08
-Paragraph k
-Article 4
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-Name Statement of Financial Accounting Standard (FAS)
-Number 57
-Paragraph 1-4
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1/1/2010 - 12/31/2010
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1/1/2010 - 12/31/2010
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iso4217 USD iso4217 0 USD USD $ 6 false false USD true false {us-gaap_StatementEquityComponentsAxis} : Accumulated Other Comprehensive Deficit
1/1/2010 - 12/31/2010
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1/1/2010 - 12/31/2010
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USD ($)
USD ($) / shares
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false false | Monetary xbrli:monetaryItemType monetary Total of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Research Bulletin (ARB)
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Research Bulletin (ARB)
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-Name Regulation S-X (SX)
-Number 210
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false false true false | 4 true false false 1000 1 false false false true false | 5 true false false 1903000 1903 falsefalse false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false falsefalse true false | 8 false false false 0 0 false false false true false | 9 true false false 1904000 1904 false falsefalse false false | Monetary xbrli:monetaryItemType monetary Value stock issued during the period as a result of the exercise of stock options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Regulation S-X (SX)
-Number 210
-Section 04
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
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se false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 falsefalse false 0 0 false false false false false | Shares xbrli:sharesItemType shares Number of shares issued during the period as a result of the exercise of stock options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Principles Board Opinion (APB)
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-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Regulation S-X (SX)
-Number 210
-Section 04
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
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3 false false false 0 0 false false false true false | 4 true false false 4000 4 false false false true false | 5
false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 falsefalse false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 truefalse false 4000 4 false false false false false | Monetary xbrli:monetaryItemType monetary Aggregate value of stock related to Restricted Stock Awards issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
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false false 0 0 false false false true false | 4 true false false 361624 361624 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false falsefalse 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 false fal
se false 0 0 false false false false false | Shares xbrli:sharesItemType shares Total number of shares issued during the period, including shares forfeited, as a result of Restricted Stock Awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
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-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4, 5
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-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 39
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
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-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph A91
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-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4, 5
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1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | <
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7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 <
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-Section 02
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Regulation S-X (SX)
-Number 210
-Section 04
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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false false false 0 0 false false false true false | 4 true false false 180000 180 false false false true false | 5 <
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-Name Accounting Principles Board Opinion (APB)
-Number 12
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Regulation S-X (SX)
-Number 210
-Section 04
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
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-Name Accounting Principles Board Opinion (APB)
-Number 12
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
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units issued
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lse 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false2628000 2628 false false false false false | Monetary xbrli:monetaryItemType monetary Element represents adjustments to investments from other noncontrolling interests. No authoritative reference available. false false Investments from other noncontrolling interests
16 false 0 us-gaap_AdjustmentsToAdditionalPaid
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-Name FASB Staff Position (FSP)
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false false false 0 0 false false false true false | 4 true false false 1000 1 false false false true false | 5
true false false 1238000 1238 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 falsefalse false 0 0 false false false false false | Monetary xbrli:monetaryItemType monetary Value of stock issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real investment trust unit (UPREIT unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 129
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-Name Regulation S-X (SX)
-Number 210
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Regulation S-X (SX)
-Number 210
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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| 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 false false false 0 0 false false false false false | Other xbrli:stringItemType string No definition available. false false Comprehensive income:
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DisplayDateInUSFormat>falsetrue false | 2 true false false 2175000 2175 false false false true false | 3 true false false -876000 -876 false falsefalse true false | 4 false false false 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 true false false 35781000 35781 false falsefalse true false | 8 true false false 43349000 43349 false false false true false | 9 true false false 43349000 43349 false falsefalse false false | Monetary xbrli:monetaryItemType monetary The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 5
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
false false Net income (loss)
21 false 0 us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax us-gaap true debit duration No definition available. false false false false false false false false false true negated 1true false false 20000 20 false false false true false | 2 true false false 81000 81 false false false true false | <
Id>3false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5false false false 0 0 false false false true false | 6 true false false 1314000 1314 false false false true false | 7
Id>false false false 0 0 false false false true false | 8 true false false 1415000 1415 false false false true false | 9<
/Id>true false false 1415000 1415 false false false false false | Monetary xbrli:monetaryItemType monetary Reclassification adjustment for unrealized gains or losses realized upon the sale of securities, after tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 18, 19
false false Loss on sale of investments available for sale
22 false 0 us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit duration No definition available. false false false false false false false false false false totallabel 1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false 3 false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7<
/Id>false false false 0 0 false false false true false | 8 true false false 44764000 44764 false false false true false | 9 true false false 44764000 44764 false false false false false | | Monetary xbrli:monetaryItemType monetary The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulti
ng from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A5
-Appendix A
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
true false Total comprehensive income
23 false 0 us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation us-gaap true credit duration No definition available. false false false false false false false false false false terselabel 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3
false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 truefalse false 97000 97 false false false true false | 6 false false false 0 0 false false false true false | 7 falsefalse false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true <
IsRatio>falsefalse 97000 97 false false false false false | Monetary xbrli:monetaryItemType monetary Tax benefit associated with any share-based compensation plan other than an employee stock ownership plan (ESOP). The tax benefit results from the deduction by the entity on its tax return for an award of stock that exceeds the cumulative compensation cost for common stock or preferred stock recognized for financial reporting. Includes any resulting tax benefit that exceed
s the previously recognized deferred tax asset (excess tax benefits). Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 62
false false Tax effect from vesting of restricted stock grants and stock option exercises
24 false 0 us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders us-gaap true debit duration No definition available. false false false false false false false false false true negated1 true false false -6739000 -6739 false false false true false | 2 true false false -4134000 -4134 false false false true
false | 3 false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true
false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false
hasScenarios> | 9 true false false -10873000 -10873 false false false false false | Monetary xbrli:monetaryItemType monetary Decrease in noncontrolling interest balance from payment of dividends or other distributions to noncontrolling interest holders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(2)
false false Distributions to Operating Partnership units held by noncontrolling interests
25 false 0 us-gaap_DividendsCommonStock us-gaap true debit duration No definition available. false false false false false false false false false true negated 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 fals
e false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 true falsefalse -79120000 -79120 false false false true false | 8 false false false 0 0 false false false true false | 9 truefalse false -79120000 -79120 false false false false false | Monetary xbrli:monetaryItemType monetary Aggregate cash, stock, and paid-in-kind dividends declared for common shareholders during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
false false Dividends paid on common stock at $0.40, $0.38 and $1.00 per share for the year 2010, 2009 and 2008, respectively
26 false 0 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit instant No definition available. false false false true false false false false true false periodendlabelinstant 2008-12-31T00:00:00 0001-01-01T00:00:00 1 true false false 29837000 29837 false false false true false | 2 true false false 36628000 36628 falsefalse false true false | 3 true false false 1558000 1558 false false false true false | 4 true false false 858000 858 false false false true false | 5 true false false 1130964000 1130964 false false false true false | 6 false false false 0 0 false false false true false | 7 true false false -253052000 -253052 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false 946793000 946793 false false false false false | Monetary xbrli:monetaryItemType monetary Total of Stockholders' Equity (deficit) items, net of receivables from officers, d
irectors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 25
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 26
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A3
-Appendix A
false false Balances at Dec. 31, 2008
27 false 0 us-gaap_CommonStockSharesIssued us-gaap true na instant No definition available. false false false true false false false false true false periodendlabel instant 2008-12-31T00:00:00 0
001-01-01T00:00:00 1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false truefalse | 3 false false false 0 0 false false false true false | 4 true false false 85790331 85790331 false false false truefalse | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true
hasSegments>false | 9 false false false 0 0 false false false false false | Shares xbrli:sharesItemType shares Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of
the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
false false Balances (in shares) at Dec. 31, 2008
28 true 0 us-gaap_IncreaseDecreaseInStockholdersEquityRollForward us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false
false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 false falsefalse 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false
false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 false falsefalse 0 0 false false false false false | Other xbrli:stringItemType string A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. false false Increase (Decrease) in Stockholders' Equity
29 false 0 us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGrossus-gaap true credit duration No definition available. false false false false false false false false false false terselabel 1 false false false 0 0 falsefalse false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 falsefalse false true false | 4 true false false 5000 5 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false falsefalse true false | 8 false false false 0 0 false false false true false | 9 true false false 5000 5 false falsefalse false false | Monetary xbrli:monetaryItemType monetary Aggregate value of stock related to Restricted Stock Awards issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
false false Restricted stock grants issued
30 false 0 us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 false false false true false | 4 true false false 547265 547265 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false falsefalse 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 false fa
lse false 0 0 false false false false false | Shares xbrli:sharesItemType shares Total number of shares issued during the period, including shares forfeited, as a result of Restricted Stock Awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4, 5
false false Restricted stock grants issued (in shares)
31 false 0 us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3
false false false 0 0 false false false true false | 4 true false false -21256 -21256 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false
false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 falsefalse false 0 0 false false false false false | Shares xbrli:sharesItemType shares Number of shares related to Restricted Stock Award forfeited during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4, 5
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30
-Article 5
false false Restricted stock grants cancelled (in shares)
32 false 0 us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue us-gaap true credit duration No definition available. false false false false false false false false false false terselabel <
FootnoteIndexer />1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 true false false 3809000 3809 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false
Cell>9 true false false 3809000 3809 false false false false false | | Monetary xbrli:monetaryItemType monetary This element represents the amount of recognized share-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 39
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph A91
false false Compensation expense related to stock-based awards
33 false 0 exr_NoncontrollingInterestConsolidatedAsBusinessAcquisition exr false debit duration This element represents the increase in noncontrolling interest due to the consolidation of business acquisitions. false false false false false false false false false true negated1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 true false false 726000 726 false false false true false | 4 false false false 0 0 false false false
true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false truefalse | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false truefalse | 9 true false false 726000 726 false false false false false | Monetary xbrli:monetaryItemType monetary This element represents the increase in noncontrolling interest due to the consolidation of business acquisitions. No authoritative reference available. false false Noncontrollin
g interest consolidated as business acquisition
34 false 0 us-gaap_MinorityInterestDecreaseFromRedemptions us-gaap true debit duration No definition available. false false false false false false false false false true negated 1 false false false 00 false false false true false | 2 true false false -1908000 -1908 false false false true false | 3 false false false <
NumericAmount>00 false false false true false | 4 false false false 0 0 false false false true false | 5 false false false 00 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false
0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false -1908000
-1908 false false false false false | Monetary xbrli:monetaryItemType monetary Decrease in noncontrolling interest as a result of redeeming or purchasing the interests of noncontrolling shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(2)
false false Redemption of Operating Partnership units for cash
35 false 0 exr_AdjustmentsInInvestmentsFromOtherNoncontrollingInterests exr false debit duration Element represents adjustments to investments from other noncontrolling interests. false false false false false false false false false true negated1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 true false false -615000 -615 false false false true false | 4 false false false 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true fals
e | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false -615000 -615 false false false false false | Monetary xbrli:monetaryItemType monetary Element represents adjustments to investments from other noncontrolling interests. No authoritative reference available. false false Investments from other noncontrolling interests
36
false 0 us-gaap_AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt us-gaap true credit duration No definition available. false false false false false false false false false false terselabel 1 false false false 0 0false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0false false false true false | 4 false false false 0 0 false false false true false | 5 true false false -2234000 -2234false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false -2234000
- -2234 false false false false false | Monetary xbrli:monetaryItemType monetary Adjustment to additional paid in capital resulting from the recognition of convertible debt instruments as two separate components - a debt component and an equity component. This bifurcation may result in a basis difference associated with the liability component that represents a temporary difference for purposes of applying Statement of Financial Accounting Standards (FAS) 109, Accounting for Income Taxes. The initial recognition of deferred taxes for the tax effect of that temporary diffe
rence is as an adjustment to additional paid in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number APB14-1
-Paragraph 12
false false Repurchase of equity portion of exchangeable senior notes
37 false 0 us-gaap_StockIssuedDuringPeriodValueConversionOfUnits us-gaap true credit duration No definition available. false false false false false false false false false false terselabel 1false false false 0 0 false false false true false | 2 true false false -3583000 -3583 false false false true false | 3
false false false 0 0 false false false true false | 4 true false false 4000 4 false false false true false | 5
true false false 3579000 3579 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 falsefalse false 0 0 false false false false false | Monetary xbrli:monetaryItemType monetary Value of stock issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real investment trust unit (UPREIT unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4, 5
false false Conversion of Operating Partnership units to common stock
38 false 0 us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 <
IsNumeric>falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 falsefalse false 0 0 false false false true false | 4 true false false 405501 405501 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 fa
lse false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 falsefalse false 0 0 false false false false false | Shares xbrli:sharesItemType shares The number of shares issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real investment trust unit (UPREIT unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4, 5
false false Conversion of Operating Partnership units to common stock, (in shares)
39 true 0 us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract us-gaap true na duration No definition available. false false false false false false false false false false terselabel1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false
| 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 false false false 0 0 false false false false false | Other xbrli:stringItemType string No definition available. false false Comprehensive income:
40 false 0 us-gaap_ProfitLoss us-gaap truecredit duration No definition available. false false false false false false false false false false verboselabel 1 true false false 6186000 6186 false false <
DisplayDateInUSFormat>falsetrue false | 2 true false false 1826000 1826 false false false true false | 3 true false false -896000 -896 false falsefalse true false | 4 false false false 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 true false false 31977000 31977 false falsefalse true false | 8 true false false 39093000 39093 false false false true false | 9 true false false 39093000 39093 false falsefalse false false | Monetary xbrli:monetaryItemType monetary The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 5
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
false false Net income (loss)
41 false 0 us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 truefalse false -11000 -11 false false false true false | 2 true false false -44000 -44 false false false true false | 3 false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 true false false -1056000 -1056 false false false true false | 7 falsefalse false 0 0 false false false true false | 8 true false false -1111000 -1111 false false false true false | 9
true false false -1111000 -1111 false false false false false | Monetary xbrli:monetaryItemType monetary Net of tax effect change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges after taxes. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a parti
cular risk. The change includes an entity's share of an equity investee's increase (decrease) in deferred hedging gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 20, 26
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 31, 46
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 46
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 20, 24, 26
false false Change in fair value of interest rate swap
42 false 0 us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit duration No definition available. false false false false false false false false false false totallabel 1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 false false false true false 4 false false false 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7
false false false 0 0 false false false true false | 8 true false false 37982000 37982 false false false true false | 9
Id>true false false 37982000 37982 false false false false false | Monetary xbrli:monetaryItemType monetary The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting f
rom investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A5
-Appendix A
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
true false Total comprehensive income
43 false 0 us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation us-gaap true credit duration No definition available. false false false false false false false false false false terselabel 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3
false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 truefalse false -414000 -414 false false false true false | 6 false false false 0 0 false false false true false | 7 false<
/IsNumeric>false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 truefalse false -414000 -414 false false false false false | Monetary xbrli:monetaryItemType monetary Tax benefit associated with any share-based compensation plan other than an employee stock ownership plan (ESOP). The tax benefit results from the deduction by the entity on its tax return for an award of stock that exceeds the cumulative compensation cost for common stock or preferred stock recognized for financial reporting. Includes any resulting tax benefit tha
t exceeds the previously recognized deferred tax asset (excess tax benefits). Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 62
false false Tax effect from vesting of restricted stock grants and stock option exercises
44 false 0 exr_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromWindDownOfDevelopmentProgram exr false credit duration Tax benefit associated with the wind down of the development program. The tax benefit results from the deduction by the... false false false false false false false false false
IsEndingBalance>false terselabel 1 false false false 0 0 false false false true false | 2 false false false 0 0 false false falsetrue false | 3 false false false 0 0 false false false true false | 4 false false false 0 0 false false falsetrue false | 5 true false false 2539000 2539 false false false true false | 6 false false false 0 0 false false falsetrue false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false falsetrue false | 9 true false false 2539000 2539 false false false false false | Monetary xbrli:monetaryItemType monetary Tax benefit associated with the wind down of the development program. The tax benefit results from the deduction by the entity on its tax return for impairments relating to changes in fair value. Includes any resulting
tax benefit that exceeds the previously recognized deferred tax asset (excess tax benefits). No authoritative reference available. false false Tax effect from wind down of development program
45 false 0 us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders us-gaap true debit duration No definition available. false false false false false false false false
IsBeginningBalance>false true negated 1 true false false -6126000 -6126 false false false true false | 2 true false false -1538000 -1538 falsefalse false true false | 3 false false false 0 0 false false false true false | 4 false false false 0 0 falsefalse false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false falsefalse true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false falsefalse true false | 9 true false false -7664000 -7664 false false false false false | Monetary xbrli:monetaryItemType monetary Decrease in noncontrolling interest balance from payment of dividends or other distributions to noncontrolling interest holders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(2)
false false Distributions to Operating Partnership units held by noncontrolling interests
46 false 0 us-gaap_DividendsCommonStock us-gaap true debit duration No definition available. false false false false false false false false false true negated 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 fals
e false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 true falsefalse -32800000 -32800 false false false true false | 8 false false false 0 0 false false false true false | 9 truefalse false -32800000 -32800 false false false false false | Monetary xbrli:monetaryItemType monetary Aggregate cash, stock, and paid-in-kind dividends declared for common shareholders during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
false false Dividends paid on common stock at $0.40, $0.38 and $1.00 per share for the year 2010, 2009 and 2008, respectively
47 false 0 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit instant No definition available. false false false true false false false false true false periodendlabelinstant 2009-12-31T00:00:00 0001-01-01T00:00:00 1 true false false 29886000 29886 false false false true false | 2 true false false 31381000 31381 falsefalse false true false | 3 true false false 773000 773 false false false true false | 4 true false false 867000 867 false false false true false | 5 true false false 1138243000 1138243 false false false true false | 6 true false false -1056000 -1056 false false false true false | 7 true false false -253875000 -253875 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false 946219000 946219 false false false false false | Monetary xbrli:monetaryItemType monetary Total of Stockholders' Equity (deficit) items, net of receivables from off
icers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 25
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 26
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A3
-Appendix A
false false Balances at Dec. 31, 2009
48 false 0 us-gaap_CommonStockSharesIssued us-gaap true na instant No definition available. false false false true false false false false true false periodendlabel instant 2009-12-31T00:00:00 0
001-01-01T00:00:00 1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false truefalse | 3 false false false 0 0 false false false true false | 4 true false false 86721841 86721841 false false false truefalse | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true
hasSegments>false | 9 true false false 86721841 86721841 false false false false false | Shares xbrli:sharesItemType shares Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only
a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
false false Balances (in shares) at Dec. 31, 2009
49 true 0 us-gaap_IncreaseDecreaseInStockholdersEquityRollForward us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false
false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 false falsefalse 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false
false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 false falsefalse 0 0 false false false false false | Other xbrli:stringItemType string A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. false false Increase (Decrease) in Stockholders' Equity
50 false 0 us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised <
ElementPrefix>us-gaaptrue credit duration No definition available. false false false false false false false false false false terselabel 1 false false false 0 0 falsefalse false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 falsefalse false true false | 4 true false false 5000 5 false false false true false | 5 true false false 5656000 5656 falsefalse false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false falsefalse true false | 8 false false false 0 0 false false false true false | 9 true false false 5661000 5661 false <
ShowCurrencySymbol>falsefalse false false | Monetary xbrli:monetaryItemType monetary Value stock issued during the period as a result of the exercise of stock options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
false false Issuance of common stock upon the exercise of options
51 false 0 us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 <
IsNumeric>falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 falsefalse false 0 0 false false false true false | 4 true false false 484261 484261 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 fa
lse false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 falsefalse false 0 0 false false false false false | Shares xbrli:sharesItemType shares Number of shares issued during the period as a result of the exercise of stock options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30
-Article 5
false false Issuance of common stock upon the exercise of options (in shares)
52 false 0 us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross us-gaap true credit duration No definition available. false false false false false false false false false false terselabel 1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 false false false true false | 4 true false false 4000 4 false false false true false |
5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 <
IsNumeric>falsefalse false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 truefalse false 4000 4 false false false false false | Monetary xbrli:monetaryItemType monetary Aggregate value of stock related to Restricted Stock Awards issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
false false Restricted stock grants issued |
53 false 0 us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 false false false true false | 4 true false false 445230 445230 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false falsefalse 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 false fa
lse false 0 0 false false false false false | Shares xbrli:sharesItemType shares Total number of shares issued during the period, including shares forfeited, as a result of Restricted Stock Awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4, 5
false false Restricted stock grants issued (in shares)
54 false 0 us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3
false false false 0 0 false false false true false | 4 true false false -64010 -64010 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false
false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 falsefalse false 0 0 false false false false false | Shares xbrli:sharesItemType shares Number of shares related to Restricted Stock Award forfeited during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4, 5
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30
-Article 5
false false Restricted stock grants cancelled (in shares)
55 false 0 us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue us-gaap true credit duration No definition available. false false false false false false false false false false terselabel <
FootnoteIndexer />1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 true false false 4580000 4580 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false
Cell>9 true false false 4580000 4580 false false false false false | | Monetary xbrli:monetaryItemType monetary This element represents the amount of recognized share-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 39
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph A91
false false Compensation expense related to stock-based awards
56 false 0 us-gaap_StockholdersEquityOther us-gaap true debit duration No definition available. false false false false false false false false false true negated 1 false falsefalse 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 true fal
se false 104000 104 false false false true false | 4 false false false 0 0 false false false true false | 5 false fal
se false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false falsefalse 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false104000 104 false false false false false | Monetary xbrli:monetaryItemType monetary This element represents movements included in the statement of changes in stockholders' equity which are not separately disclosed or provided for elsewhere in the taxonomy. No authoritative reference available. false false Deconsolidation of noncontrolling interests
57
Id>false 0 us-gaap_MinorityInterestDecreaseFromRedemptions us-gaap true debit duration No definition available. false false false false false false false false false true negated 1 false false false 0 0
false false false true false | 2 true false false -4116000 -4116 false false false true false | 3 false false false 0 0false false false true false | 4 false false false 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false -4116000 -4116 false false false false false | Monetary xbrli:monetaryItemType monetary Decrease in noncontrolling interest as a result of redeeming or purchasing the interests of noncontrolling shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(2)
false false Redemption of Operating Partnership units for cash
58 false 0 exr_AdjustmentsInInvestmentsFromOtherNoncontrollingInterests exr false debit duration Element represents adjustments to investments from other noncontrolling interests. false false false false false false false false false true negated1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 true false false 87000 87 false false false true false | 4 false false false 0 0 false false false true f
alse | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false 87000 87 false false false false false | Monetary xbrli:monetaryItemType monetary Element represents adjustments to investments from other noncontrolling interests. No authoritative reference available. false false Investments from other noncontrolling interests
59 false0 exr_NoncontrollingInterestsIncreaseFromPurchaseOfInterests exr false na duration This element represents the increase in noncontrolling interest due to the purchase of noncontrolling interests whose... false false false false false false false false false false terselabel 1 false false fals
e 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 true false false223000 223 false false false true false | 4 false false false 0 0 false false false true false | 5 false false false0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false 223000223 false false false false false | Monetary xbrli:monetaryItemType monetary This element represents the increase in noncontrolling interest due to the purchase of noncontrolling interests whose accounts were in a negative position due to allocation of losses. No authoritative reference available. false false Purchase of noncontrolling interest
60 true0 us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 false false false 0 0false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7 false false false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 false false false 0 0 <
NonNumericTextHeader />false false false false false | Other xbrli:stringItemType string No definition available. false false Comprehensive income:
61 false 0 us-gaap_ProfitLoss us-gaap true credit duration No definition available. false false falsefalse false false false false false false verboselabel 1 true false false 6048000 6048 false false false true false | 2 true false false1048000 1048 false false false true false | 3 true false false -53000 -53 false false false true false | 4 false false f
alse 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false0 0 false false false true false | 7 true false false 26331000 26331 false false false true false | 8 true false false<
/DisplayZeroAsNone>33374000 33374 false false false true false | 9 true false false 33374000 33374 false false false false false | Monetary xbrli:monetaryItemType monetary The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 5
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
false false Net income (loss)
62 false 0 us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease us-gaap true na duration No definition available. false false false false false false false false false false terselabel 1 truefalse false -55000 -55 false false false true false | 2 true false false -177000 -177 false false false true false | 3
Id>false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 falsefalse false 0 0 false false false true false | 6 true false false -4731000 -4731 false false false true false | 7 <
IsNumeric>falsefalse false 0 0 false false false true false | 8 true false false -4963000 -4963 false false false true false | 9true false false -4963000 -4963 false false false false false | Monetary xbrli:monetaryItemType monetary Net of tax effect change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges after taxes. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a par
ticular risk. The change includes an entity's share of an equity investee's increase (decrease) in deferred hedging gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 20, 26
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 31, 46
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 46
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 20, 24, 26
false false Change in fair value of interest rate swap
63 false 0 us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit duration No definition available. false false false false false false false false false false totallabel 1 false false false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3 false false false 0 0 false false false true false 4 false false false 0 0 false false false true false | 5 false false false 0 0 false false false true false | 6 false false false 0 0 false false false true false | 7
false false false 0 0 false false false true false | 8 true false false 28411000 28411 false false false true false | 9
Id>true false false 28411000 28411 false false false false false | Monetary xbrli:monetaryItemType monetary The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting f
rom investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A5
-Appendix A
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
true false Total comprehensive income
64 false 0 us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation us-gaap true credit duration No definition available. false false false false false false false false false false terselabel 1 falsefalse false 0 0 false false false true false | 2 false false false 0 0 false false false true false | 3
false false false 0 0 false false false true false | 4 false false false 0 0 false false false true false | 5 truefalse false 836000 836 false false false true false | 6 false false false 0 0 false false false true false | 7 falsefalse false 0 0 false false false true false | 8 false false false 0 0 false false false true false | 9 true false false 836000 836 false false false false false | Monetary xbrli:monetaryItemType monetary Tax benefit associated with any share-based compensation plan other than an employee stock ownership plan (ESOP). The tax benefit results from the deduction by the entity on its tax return for an award of stock that exceeds the cumulative compensation cost for common stock or preferred stock recognized for financial reporting. Includes any resulting tax benefit that ex
ceeds the previously recognized deferred tax asset (excess tax benefits). Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 62
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<td>
<p style="FONT-FAMILY: times"><font size="2"><b>21. INCOME TAXES </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> As a REIT, the Company is generally not subject to federal income tax with respect to that portion of its income which is distributed annually to its stockholders. However, the Company has elected to treat one of its corporate subsidiaries, Extra Space Management, Inc., as a taxable REIT subsidiary. In general, the Company's TRS may perform additional services for tenants and generally may engage in any real estate or non-real estate related business (except for the operation or management of health care facilities or lodging facilities or the provision to any person, under a franchise, license or otherwise, of rights to any brand name under which lodging facility or health care facility is operated). A TRS is subject to corporate federal income tax. The Company accounts for income taxes in accordance with the provisions of ASC 740, </font><font size="2"&g
t;<i>"Income Taxes."</i></font><font size="2"> Deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The income tax provision for the years ended December 31, 2010 and 2009 is comprised of the following components: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, 2010</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Federal </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Current expense</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,588</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,712</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Investment tax credit</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(832</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(832</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Change in deferred benefit</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,282</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,282</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total tax expense</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,038</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> <br /></font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="39"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, 2009</b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Federal </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>State </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Total </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Current expense</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,177</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,348</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Change in deferred benefit</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,048</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(1,048</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total tax expense</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,129</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,171</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> A reconciliation of the statutory income tax provisions to the effective income tax provisions for the years ended December 31, 2010 and 2009 is as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="45"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="50"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="42"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Expected tax at statutory rate</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">13,204</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">35.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">15,188</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">35.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Non-taxable REIT income</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(8,303</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(22.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(12,580</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(29.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">State and local tax expense—net of federal benefit</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">124</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,167</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2.7</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Change in valuation allowance</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">804</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2.1</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">541</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1.2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Solar tax credits</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(832</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2.2</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Miscellaneous</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(835</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2.3</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)%</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(16</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.0</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total provision</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,162</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">10.9</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,300</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9.9</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<p style="FONT-FAMILY: times"><font size="2"> The major sources of temporary differences stated at their deferred tax effects are as follows:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="64"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31,<br />
2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31,<br />
2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Captive insurance subsidiary</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">236</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">182</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Fixed assets</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,589</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,122</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Various liabilities</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,229</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,603</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Stock compensation</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,140</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,865</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">State net operating losses</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,743</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">939</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,937</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7,711</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Valuation allowance</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2,643</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(2,135</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net deferred tax asset</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,294</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,576</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
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<p style="FONT-FAMILY: times"><font size="2"> The state income tax net operating losses expire between 2012 and 2027. The deferred tax benefits associated with the state income tax net operating losses have been fully reserved through the valuation allowance.</font></p></td></tr></table>
21. INCOME TAXES
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<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>10. NOTES PAYABLE TO TRUSTS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> During July 2005, ESS Statutory Trust III (the "Trust III"), a newly formed Delaware statutory trust and a wholly-owned, unconsolidated subsidiary of the Operating Partnership, issued an aggregate of $40,000 of preferred securities which mature on July 31, 2035. In addition, the Trust III issued 1,238 of Trust common securities to the Operating Partnership for a purchase price of $1,238. On July 27, 2005, the proceeds from the sale of the preferred and common securities of $41,238 were loaned in the form of a note to the Operating Partnership ("Note 3"). Note 3 had a fixed rate of 6.91% through July 31, 2010, and is now payable at a variable rate equal to the three-month LIBOR plus 2.40% per annum. The interest on Note 3, payable quarterly, will be used by the Trust III to pay dividends on the trust preferred securities.
The trust preferred securities became redeemable by the Trust with no prepayment premium on July 27, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During May 2005, ESS Statutory Trust II (the "Trust II"), a newly formed Delaware statutory trust and a wholly-owned, unconsolidated subsidiary of the Operating Partnership of the Company, issued an aggregate of $41,000 of preferred securities which mature on June 30, 2035. In addition, the Trust II issued 1,269 of Trust common securities to the Operating Partnership for a purchase price of $1,269. On May 24, 2005, the proceeds from the sale of the preferred and common securities of $42,269 were loaned in the form of a note to the Operating Partnership ("Note 2"). Note 2 had a fixed rate of 6.67% through June 30, 2010, and is now payable at a variable rate equal to the three-month LIBOR plus 2.40% per annum. The interest on Note 2, payable quarterly, will be used by the Trust II to pay dividends on the trust preferred se
curities. The trust preferred securities became redeemable by the Trust with no prepayment premium on June 30, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During April 2005, ESS Statutory Trust I (the "Trust"), a newly formed Delaware statutory trust and a wholly-owned, unconsolidated subsidiary of the Operating Partnership of the Company issued an aggregate of $35,000 of trust preferred securities which mature on June 30, 2035. In addition, the Trust issued 1,083 of Trust common securities to the Operating Partnership for a purchase price of $1,083. On April 8, 2005, the proceeds from the sale of the trust preferred and common securities of $36,083 were loaned in the form of a note to the Operating Partnership (the "Note"). The Note has a variable rate equal to the three-month LIBOR plus 2.25% per annum. Effective June 30, 2010, the Trust entered into an interest rate swap that fixes the interest rate to be paid at 5.62% per annum and matures on June 30, 2015. The interest on the Note, pay
able quarterly, will be used by the Trust to pay dividends on the trust preferred securities. The trust preferred securities became redeemable by the Trust with no prepayment premium on June 30, 2010. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Trust, Trust II and Trust III are VIEs because the holders of the equity investment at risk (the trust preferred securities) do not have the power to direct the activities of the entities that most significantly affect the entities' economic performance because of their lack of voting or similar rights. Because the Operating Partnership's investment in the trusts' common securities was financed directly by the trusts as a result of its loan of the proceeds to the Operating Partnership, that investment is not considered to be an equity investment at risk. The Operating Partnership's investment in the trusts is not a variable interest because equity interests are variable interests only to the extent that the investment is considered to be at risk, and therefore the Operating Partnership cannot be the primary beneficiary of the trusts. Since the Company is not the primary ben
eficiary of the trusts, they have not been consolidated. A debt obligation has been recorded in the form of notes as discussed above for the proceeds, which are owed to the Trust, Trust II, and Trust III by the Company. The Company has also recorded its investment in the trusts' common securities as other assets. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has not provided financing or other support during the periods presented to the trusts that it was not previously contractually obligated to provide. The Company's maximum exposure to loss as a result of its involvement with the trusts is equal to the total amount of the notes discussed above less the amounts of the Company's investments in the trusts' common securities. The net amount is the notes payable that the trusts owe to third parties for their investments in the trusts' preferred securities. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Following is a tabular comparison of the carrying amounts of the liabilities the Company has recorded as a result of its involvements with the trusts to the maximum exposure to loss the Company is subject to related to the trusts as of December 31, 2010:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="53"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="75"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Notes payable<br />
to Trusts as of<br />
December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Investment<br />
Balance </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Maximum<br />
exposure to loss </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>Difference </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Trust</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">36,083</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,083</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">35,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Trust II</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">42,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,269</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">41,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Trust III</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">41,238</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1,238</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">40,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">119,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">116,000</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
10. NOTES PAYABLE TO TRUSTS
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XML
33
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IDEA: SEGMENT INFORMATION
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USD ($)
USD ($) / shares
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<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>22. SEGMENT INFORMATION</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company operates in three distinct segments; (1) property management, acquisition and development; (2) rental operations; and (3) tenant reinsurance. Financial information for the Company's business segments are set forth below:</font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="10"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2"><b>Balance Sheet</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Investment in real estate ventures</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">140,560</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">130,449</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">400,910</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">466,399</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,831,150</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,922,643</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">16,408</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">18,514</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,248,468</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,407,556</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="9"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="6"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="6"></td>
<td style="FONT-FAMILY: times" width="44"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="6"></td>
<td style="FONT-FAMILY: times" width="49"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="8"><font size="1"><b>For the Year Ended December 31, </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>2008 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2"><b>Statement of Operations</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Total revenues</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">23,122</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20,961</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20,945</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">232,447</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">238,256</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">235,695</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">25,928</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">20,929</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">16,091</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">281,497</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">280,146</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">272,731</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Operating expenses, including depreciation and amortization</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">49,762</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">64,246</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">42,577</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">134,415</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">138,552</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">132,626</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,505</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,461</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">5,066</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">190,682</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">208,259</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">180,269</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Income (loss) from operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(26,640</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(43,285</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(21,632</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">98,032</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">99,704</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">103,069</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">19,423</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">15,468</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,025</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">90,815</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">71,887</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">92,462</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Interest expense</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(3,126</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(3,463</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(5,639</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(62,654</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(66,355</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(63,032</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(65,780</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(69,818</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(68,671</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Interest income</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">889</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,563</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,227</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">9</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">19</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">172</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">898</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,582</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">3,399</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Interest income on note receivable from Preferred Operating Partnership unit holder</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,850</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,850</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">4,850</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Gain on repurchase of exchangeable senior notes</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">27,928</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,311</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Loss on sale of investments available for sale</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">—</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(1,415</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Equity in earnings of real estate ventures</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,753</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,964</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,932</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Income tax expense</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(4,162</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(4,300</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(519</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Net income (loss)</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(24,027</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(12,407</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(14,298</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">42,131</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">40,313</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">46,969</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Tenant reinsurance</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">15,270</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,187</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">10,678</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">33,374</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">39,093</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">43,349</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2"><b>Depreciation and amortization expense</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,099</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,786</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,462</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Rental operations</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">48,250</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">49,617</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">48,104</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">50,349</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">52,403</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">49,566</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2"><b>Statement of Cash Flows</b></font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Acquisition of real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(69,588</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(38,185</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(127,293</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Development and construction of real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; FONT-FAMILY: times"><font size="2">Property management, acquisition and development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(36,062</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(67,301</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(66,071</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr></table></div>
<!-- end of user-specified TAGGED TABLE --></div></td></tr></table>
22. SEGMENT INFORMATION
The Company operates in three distinct segments; (1) property management, false false false false false | Other us-types:textBlockItemType string This element may be used to capture the complete disclosure of reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10% or more of the combined revenue, internal and external, of all operating segmen
ts b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
false false SEGMENT INFORMATION
1 2 SEGMENT INFORMATION UnKnown UnKnown UnKnown UnKnown false true
XML
34
R9.xml
IDEA: REAL ESTATE ASSETS
2.2.0.25 false false 1030 - Disclosure - REAL ESTATE ASSETS true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
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false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>3. REAL ESTATE ASSETS</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The components of real estate assets are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 60%; PADDING-TOP: 0pt; POSITION: relative">
<p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p>
<!-- User-specified TAGGED TABLE -->
<div align="center">
<table cellspacing="0" cellpadding="0" width="100%" border="0">
<tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET -->
<td style="FONT-FAMILY: times" align="left" width="10"></td>
<td style="FONT-FAMILY: times" align="left"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr>
<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Land—operating</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">494,005</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">501,674</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Land—development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">24,284</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">32,635</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Buildings and improvements</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,641,665</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,675,340</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Intangible assets—tenant relationships</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">32,257</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">33,463</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Intangible lease rights</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,150</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">6,150</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,198,361</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,249,262</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Less: accumulated depreciation and amortization</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(263,042</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">(233,830</font></td>
<td style="FONT-FAMILY: times"><font size="2">)</font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net operating real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,935,319</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,015,432</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Real estate under development</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">37,083</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">34,427</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="white">
<td style="FONT-FAMILY: times"><font size="0"> </font></td>
<td style="FONT-FAMILY: times">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Net real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">1,972,402</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">2,049,859</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" colspan="2">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Real estate assets held for sale included in net real estate assets</font></p></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,275</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" align="right"><font size="2">11,275</font></td>
<td style="FONT-FAMILY: times"><font size="2"> </font></td></tr>
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<td style="FONT-FAMILY: times" valign="bottom"> </td>
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<p style="FONT-FAMILY: times"><font size="2"> The Company amortizes to expense intangible assets—tenant relationships on a straight-line basis over the average period that a tenant is expected to utilize the facility (currently estimated at 18 months). The Company amortizes to expense the intangible lease rights over the terms of the related leases. Amortization related to the tenant relationships and lease rights was $907, $1,905, and $4,760 for the years ended December 31, 2010, 2009 and 2008, respectively. The remaining balance of the unamortized lease rights will be amortized over the next 7 to 51 years. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On April 10, 2009, the Company sold vacant land in Los Angeles, California for cash of $4,652. A loss of $343 was recorded as a result of this sale, and is included in unrecovered development and acquisition costs in the consolidated statement of operations. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On June 19, 2008, the Company sold an undeveloped parcel of vacant land in Antelope, California for its book value of $340. There was no gain or loss recognized on the sale.</font></p></td></tr></table>
3. REAL ESTATE ASSETS
The components of real estate assets are summarized as follows:
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true false false 276601000 276601 false false false false false | Monetary xbrli:monetaryItemType monetary The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 95
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false false Net proceeds from exercise of stock options
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rue false false -79120000 -79120 false false false false false | Monetary xbrli:monetaryItemType monetary The cash outflow from the distribution of an entity's earnings in the form of dividends to common shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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false false Distributions to noncontrolling interests in Operating Partnership
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-Name Statement of Financial Accounting Standard (FAS)
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true false Net cash provided by (used in) financing activities
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-Name Statement of Financial Accounting Standard (FAS)
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true false Net increase (decrease) in cash and cash equivalents
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Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered in
to with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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false false Cash and cash equivalents, beginning of the period
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true false false 63972000 63972 false false false false false | Monetary xbrli:monetaryItemType monetary Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Ca
sh equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into
with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Number 95
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-Number 95
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false false Cash and cash equivalents, end of the period
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edit duration No definition available. false false false false false false false false false false terselabel 1 true false false 60100000 60100 false false false false false | 2 true false false 64175000 64175 false false false false false | 3 true false false 62831000 62831 false false falsefalse false | Monetary xbrli:monetaryItemType monetary The amount of cash paid during the current period for interest owed on money borrowed, net of interest capitalized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Number 95
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false false Interest paid, net of amounts capitalized
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The value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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false false Conversion of Operating Partnership units held by noncontrolling interests for common stock
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se | 3 false false false 0 0 false false false false false | Other xbrli:stringItemType string No definition available. false false Acquisitions of real estate assets
61 false 0 exr_NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquiredexr false debit duration Represents the amount of real estate assets that an Entity acquires in a noncash (or part noncash) acquisition. Real estate... false false false false false false false false false false terselabel 1 true false false 25963000 25963 false false false false false | 2 false false false 0 0 false false false false false | 3 true false false 3621000 3621 false false false false false | Monetary xbrli:monetaryItemType monetary Represents the amount of real estate assets that an Entity acquires in a noncash (or part noncash) acquisition. Real estate assets refer to the lands, buildings and intangible assets (including those that are part of operations and those under development) of a real estate entity, net of accumulated depreciation and amortization. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments
in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. No authoritative reference available. false false Real estate assets, net
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as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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false false Notes payable assumed
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1 false false false 0 0 false false false false false | 2 false false false 0 0 false false false false false 3 true false false -3621000 -3621 false false false false false | | Monetary xbrli:monetaryItemType monetary The value of the issuance of new units of limited partnership interest in noncash financing activities. No authoritative reference available. false false Operating Partnership units issued as consideration 64 false 0 us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired us-gaap true debit instant No definition available. false false false false false false false false false false terselabel 1 false false false 0 0false false false false false | 2 true false false 18568000 18568 false true false false false | 3 false false false 0 0false false false false false | Monetary xbrli:monetaryItemType monetary The amount of accounts receivable that an Entity acquires in a noncash (or part noncash) acquisition. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 USD USD $ 2 true 0 exr_NoncontrollingInterestInOperatingPartnershipDisclosureAbstract exr false na duration No definition available. false falsefalse false false false false false false false 1 false false false 0 0 false false false false false | Other xbrli:stringItemTypestring No definition available. false false NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP
3 false 0 exr_NoncontrollingInterestInOperatingPartnershipDisclosureTextBlock exr false na duration This element encapsulates disclosures pertaining to noncontrolling ordinary operating partnership of the entity. Having... false false false false false false false falsefalse false terselabel 1 false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>17. NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's interest in its properties is held through the Operating Partnership. ESS Holding Business Trust I, a wholly-owned subsidiary of the Company, is the sole general partner of the Operating Partnership. ESS Business Trust II, also a wholly-owned subsidiary of the Company, is a limited partner of the Operating Partnership. Between its general partner and limited partner interests, the Company held a 95.3% majority ownership interest therein as of December 31, 2010. The remaining ownership interests in the Operating Partnership (including Preferred OP units) of 4.7% are held by certain former owners of assets acquired by the Operating Partnership. As of December 31, 2010, the Operating Partnership had 3,356,963 common OP units outstanding. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The noncontrolling interest in the Operating Partnership represents OP units that are not owned by the Company. In conjunction with the formation of the Company and as a result of subsequent acquisitions, certain persons and entities contributing interests in properties to the Operating Partnership received limited partnership units in the form of either OP units or Contingent Conversion units. Limited partners who received OP units in the formation transactions or in exchange for contributions for interests in properties have the right to require the Operating Partnership to redeem part or all of their OP units for cash based upon the fair market value of an equivalent number of shares of the Company's common stock (10 day average) at the time of the redemption. Alternatively, the Company may, at its option, elect to acquire those OP units in exchange for shares o
f its common stock on a one-for-one basis, subject to anti-dilution adjustments provided in the Operating Partnership agreement. The ten day average closing stock price at December 31, 2010, was $17.41 and there were 3,356,963 OP units outstanding. Assuming that all of the unit holders exercised their right to redeem all of their OP units on December 31, 2010 and the Company elected to pay the non-controlling members cash, the Company would have paid $58,445 in cash consideration to redeem the units. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During July 2010, 90,135 OP units were redeemed for $1,314 in cash. During August 2010, 180,270 OP units were redeemed for $2,802 in cash. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In December 2009, a member of management redeemed 72,643 OP units in exchange for the Company's common stock. This member of management no longer held any OP units after this redemption. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In November 2009, a director redeemed 217,930 OP units in exchange for the Company's common stock. The director no longer held any OP units after this redemption. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During April 2009, 114,928 OP units were redeemed in exchange for the Company's common stock.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> During July 2009, 232,099 OP units were redeemed in exchange for $1,908 in cash. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> During October 2008, the Company issued 270,406 OP units valued at $3,621 in conjunction with the acquisition of four properties in Indianapolis, Indiana. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> In October 2008, 129,499 OP units were redeemed in exchange for the Company's common stock. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Unlike the OP units, CCUs did not carry any voting rights. Upon the achievement of certain performance thresholds relating to 14 properties, all or a portion of the CCUs automatically converted into OP units. Each CCU was convertible on a one-for-one basis into OP units, subject to customary anti-dilution adjustments. Beginning with the quarter ended March 31, 2006, and ending with the quarter ending December 31, 2008, the Company calculated the net operating income from the 14 wholly-owned properties over the 12-month period ending in such quarter. Within 35 days following the end of each quarter referred to above, some or all of the CCUs were converted so that the total percentage (not to exceed 100%) of CCUs issued in connection with the formation transactions that had been converted to OP units was equal to the percentage determined by dividin
g the net operating income for such period in excess of $5,100 by $4,600. The 55,957 CCUs remaining unconverted through the calculation made in respect of the 12-month period ending December 31, 2008 were cancelled as of February 4, 2009.</font></p>
<p style="FONT-FAMILY: times"><font size="2"> GAAP requires a company to present ownership interests in subsidiaries held by parties other than the company in the consolidated financial statements within the equity section but separate from the company's equity. It also requires the amount of consolidated net income attributable to the parent and to the noncontrolling interest to be clearly identified and presented on the face of the consolidated statement of operations and requires changes in ownership interest to be accounted for similarly as equity transactions. If noncontrolling interests are determined to be redeemable, they are to be carried at their redemption value as of the balance sheet date and reported as temporary equity. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company has evaluated the terms of the common OP units and classifies the noncontrolling interest represented by the common OP units as stockholders' equity in the accompanying consolidated balance sheets. The Company will periodically evaluate individual noncontrolling interests for the ability to continue to recognize the noncontrolling amount as permanent equity in the consolidated balance sheets. Any noncontrolling interests that fail to quality as permanent equity will be reclassified as temporary equity and adjusted to the greater of (1) the carrying amount, or (2) its redemption value as of the end of the period in which the determination is made.</font></p></td></tr></table>
17. NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP
The Company's interest in its properties is held through false false false false false | Other us-types:textBlockItemType string This element encapsulates disclosures pertaining to noncontrolling ordinary operating partnership of the entity. Having secondary preference to preferred operating partnerships. No authoritative reference available. false false NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP
1 2 NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP UnKnown UnKnown UnKnown UnKnown false true
XML
38
defnref.xml
IDEA: XBRL DOCUMENT
The cash outflow for a borrowing supported by a written promise and contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with either short term or long term maturity.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
This element encapsulates disclosures pertaining to noncontrolling preferred operating partnership of the entity.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
Represents the amount of real estate assets that an Entity acquires in a noncash (or part noncash) acquisition. Real estate assets refer to the lands, buildings and intangible assets (including those that are part of operations and those under development) of a real estate entity, net of accumulated depreciation and amortization. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.
No authoritative reference available.
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No authoritative reference available.
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No authoritative reference available.
No authoritative reference available.
Value of interest income on loan to the holders of preferred operating partnership units.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
Real estate assets noncash investing and financing activities due to application of Accounting Standards Codification 810.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
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No authoritative reference available.
This element encapsulates disclosures pertaining to noncontrolling ordinary operating partnership of the entity. Having secondary preference to preferred operating partnerships.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
The costs incurred for unsuccessful development and acquisition activities. It includes asset impairment expenses for such unsuccessful development and acquisition activities.
No authoritative reference available.
Investment In Real Estate Ventures noncash investing and financing activities due to application of Accounting Standards Codification 810.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
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No authoritative reference available.
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No authoritative reference available.
This element encapsulates disclosures pertaining to non operating assets of the entity. Nonoperating assets are those which do not earn direct revenue for the entity.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
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No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
Distributions that represent a return of original investment from real estate ventures.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
The cash inflow from a borrowing supported by a written promise and contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with either short term or long term maturity that is collateralized (backed by pledge, mortgage or other lien in the entity's assets).
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
Other Noncontrolling interests noncash investing and financing activities due to application of Accounting Standards Codification 810.
No authoritative reference available.
The costs that are incurred to provide tenant reinsurance.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
Amount of net income (loss) for the period allocated to noncontrolling partners of an operating partnership and others included in the entity's consolidated financial statements.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
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No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
The carrying amount of real estate assets including land, buildings, improvements, intangible assets and intangible lease rights, net of accumulated depreciation and amortization.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
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No authoritative reference available.
This line item represents the tax effect adjustment to additional paid-in-capital from the contribution of property to subsidiary.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
This element represents the increase in noncontrolling interest due to the consolidation of business acquisitions.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
Notes Payable noncash investing and financing activities due to application of Accounting Standards Codification 810.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
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No authoritative reference available.
Related party receivables noncash investing and financing activities due to application of Accounting Standards Codification 810.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
The costs incurred for unsuccessful development and acquisition activities. It includes Non-cash asset impairment expenses for such unsuccessful development and acquisition activities.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
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No authoritative reference available.
Element represents adjustments to investments from other noncontrolling interests.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
Other Assets and Other Liabilities noncash investing and financing activities due to application of Accounting Standards Codification 810.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
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No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
Loss incurred as a result of subletting office space under a long-term office lease assumed in an acquisition.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
This element represents the increase in noncontrolling interest due to the purchase of noncontrolling interests whose accounts were in a negative position due to allocation of losses.
No authoritative reference available.
Tax benefit associated with the wind down of the development program. The tax benefit results from the deduction by the entity on its tax return for impairments relating to changes in fair value. Includes any resulting tax benefit that exceeds the previously recognized deferred tax asset (excess tax benefits).
No authoritative reference available.
Monetary value of the issuance of new units of limited partnership interest as part of a property acquisition.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
The value of the issuance of new units of limited partnership interest in noncash financing activities.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
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No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
This element encapsulates details pertaining to notes payable to trusts.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
This element encapsulates disclosures pertaining to exchangeable senior notes of the entity.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
No authoritative reference available.
XML
39
R21.xml
IDEA: STOCKHOLDERS' EQUITY
2.2.0.25 false false 1150 - Disclosure - STOCKHOLDERS' EQUITY true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 USD USD $ 2 true 0 exr_StockholdersEquityDisclosureAbstract exr false na duration No definition available. false false
false false false false false false false false 1 false false false 0 0 false false false false false | Other xbrli:stringItemType string
No definition available. false false STOCKHOLDERS' EQUITY
3 false 0 us-gaap_StockholdersEquityNoteDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false terselabel
1 false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>15. STOCKHOLDERS' EQUITY</b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The Company's charter provides that it can issue up to 300,000,000 shares of common stock, $0.01 par value per share and 50,000,000 shares of preferred stock, $0.01 par value per share. As of December 31, 2010, 87,587,322 shares of common stock were issued and outstanding, and no shares of preferred stock were issued or outstanding. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On October 3, 2008, the Company issued 3,000,000 shares of its common stock at an offering price of $14.71 per share in a registered direct placement to certain clients of RREEF America L.L.C. The Company received aggregate gross proceeds of $44,130. Transaction costs were $247 for net proceeds of $43,883. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> On May 19, 2008, the Company closed a public common stock offering of 14,950,000 shares at an offering price of $16.35 per share, for aggregate gross proceeds of $244,433. Transaction costs were $11,715 for net proceeds of $232,718. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> All holders of the Company's common stock are entitled to receive dividends and to one vote on all matters submitted to a vote of stockholders. The transfer agent and registrar for the Company's common stock is American Stock Transfer & Trust Company. </font></p>
<p style="FONT-FAMILY: times"><font size="2"> Unlike the Company's shares of common stock, CCSs did not carry any voting rights. Upon the achievement of certain performance thresholds relating to 14 properties, all or a portion of the CCSs were automatically converted into shares of the Company's common stock. Each CCS was convertible on a one-for-one basis into shares of common stock, subject to customary anti-dilution adjustments. Beginning with the quarter ended March 31, 2006, and ending with the quarter ending December 31, 2008, the Company calculated the net operating income from the 14 wholly-owned properties over the 12-month period ending in such quarter. Within 35 days following the end of each quarter referred to above, some or all of the CCSs were converted so that the total percentage (not to exceed 100%) of CCSs issued in connection with the formation transactions that were conv
erted to common stock was equal to the percentage determined by dividing the net operating income for such period in excess of $5,100 by $4,600. The 1,087,790 CCSs remaining unconverted through the calculation made in respect of the 12-month period ending December 31, 2008 were cancelled as of February 4, 2009 and restored to the status of authorized but unissued shares of common stock.</font></p></td></tr></table>
15. STOCKHOLDERS' EQUITY
The Company's charter provides that it can issue up to 300,000,000 shares of common false false false false false | Other us-types:textBlockItemType string Disclosures related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in s
eparate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of c
apital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 15
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C, E
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7, 11A
Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4
false false STOCKHOLDERS' EQUITY
1 2 STOCKHOLDERS' EQUITY UnKnown UnKnown UnKnown UnKnown false true
XML
40
R13.xml
IDEA: OTHER ASSETS
2.2.0.25 false false 1070 - Disclosure - OTHER ASSETS true false false 1 false false USD false false 1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$ D2010 http://www.sec.gov/CIK 0001289490 duration 2010-01-01T00:00:00 2010-12-31T00:00:00 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USDPerShare Divide http://
www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 USD USD $ 2 true 0 exr_OtherAssetsDisclosureAbstract exr false na duration No definition available. false false false
IsSubReportEnd>false false false false false false false 1 false false false 0 0 false false false false false | Other xbrli:stringItemType stringNo definition available. false false OTHER ASSETS
3 false 0 exr_OtherAssetsDisclosureTextBlock exr false na duration This element encapsulates disclosures pertaining to non operating assets of the entity. Nonoperating assets are those which... false false false false false false false false false false terselabel1 false false false 0 0 <table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="FONT-FAMILY: times"><font size="2"><b>7. OTHER ASSETS </b></font></p>
<p style="FONT-FAMILY: times"><font size="2"> The components of other assets are summarized as follows: </font></p>
<div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 20%; WIDTH: 78.67%; PADDING-TOP: 0pt; POSITION: relative; HEIGHT: 440px">
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<td style="FONT-FAMILY: times" width="12"></td>
<td style="FONT-FAMILY: times" align="right" width="7"></td>
<td style="FONT-FAMILY: times" width="88"></td>
<td style="FONT-FAMILY: times" width="12"></td>
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<td style="FONT-FAMILY: times" width="88"></td>
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<tr style="HEIGHT: 0px" valign="bottom">
<th style="FONT-FAMILY: times" align="left"><font size="2"> </font><br /></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2010 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th>
<th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="2"><font size="1"><b>December 31, 2009 </b></font></th>
<th style="FONT-FAMILY: times"><font size="1"> </font></th></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Equipment and fixtures</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">13,552</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">11,836</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Less: accumulated depreciation</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(10,490</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">(9,046</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2">)</font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Other intangible assets</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,343</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,303</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Deferred financing costs, net</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">14,519</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">15,458</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Prepaid expenses and deposits</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6,869</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,173</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Accounts receivable, net</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">12,520</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">15,086</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Investments in Trusts</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">3,590</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="white">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Deferred tax asset</font></p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4,294</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,576</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr>
<tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF">
<td style="FONT-FAMILY: times" valign="bottom">
<p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"> </p></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">48,197</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td>
<td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">50,976</font></td>
<td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr>
<tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top">
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td>
<td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="2"> </td>
<td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div>
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7. OTHER ASSETS
The components of other assets are summarized as follows:
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