Exhibit 99.1

Selected Financial Data

Historical Financial Highlights
(dollars in thousands, except per share data)

	2004			2003			2002			2001			2000
		(revised)			(revised)			(revised)			(revised)			(revised)
Gross revenues(1)	$	157,277		$	124,248		$	109,812		$	85,554		$	83,495
Earnings from continuing operations before cumulative effect of change in accounting principle		49,259			40,440			33,246			23,204			33,632
Net earnings		64,934			53,473			48,058			28,963			38,251
Total assets		1,300,048			1,213,778			958,300			1,010,009			769,295
Total debt		524,241			467,419			386,912			435,333			360,381
Total equity		756,998			730,754			549,141			564,640			393,901
Cash dividends paid to:
Common stockholders		66,272			55,473			51,178			38,637			37,760
Series A Preferred Stock stockholders		4,008			4,008			4,010			-			-
Series B Convertible Preferred Stock stockholders		1,675			502			-			-			-
Weighted average common shares:
Basic		51,312,434			43,108,213			40,383,405			31,539,857			30,387,371
Diluted		51,742,518			43,896,800			40,588,957			31,717,043			30,407,507
Per share information:
Earnings from continuing operations before cumulative effect of change in accounting principle:
Basic		0.850			0.840			0.720			0.740			1.110
Diluted		0.850			0.830			0.720			0.730			1.110
Net earnings:
Basic		1.150			1.140			1.090			0.920			1.260
Diluted		1.150			1.130			1.090			0.910			1.260
Dividends paid to:
Common stockholders		1.290			1.280			1.270			1.260			1.245
Series A Preferred Stock stockholders		2.250			2.250			2.250			-			-
Series B Convertible Preferred Stock stockholders		167.500			50.250			-			-			-
Other data:
Cash flows provided by (used in):
Operating activities		74,792			48,531			111,589			112,267			14,551
Investing activities		(58,955	)		(251,186	)		(15,142	)		(2,700	)		17,195
Financing activities		(19,225	)		205,965			(101,654	)		(8,878	)		(28,929	)
Funds from operations – diluted(2)		73,065			61,749			54,595			32,034			42,061

(1)

Gross revenues include revenues from the Company’s continuing and discontinued operations. The Financial Accounting Standards Board (“FASB”) issued Statement of Financial Accounting Standards (“SFAS”) No. 144, “Accounting for the Impairment or Disposal of Long-Lived Assets.” This statement addresses financial accounting and reporting for the impairment or disposal of long-lived assets and broadens the presentation of discontinued operations in the income statement to include a component of an entity. Accordingly, the results of operations related to these certain properties that have been classified as held for sale or have been disposed of subsequent to December 31, 2001, the effective date of SFAS No. 144, have been reclassified as earnings from discontinued operations. In addition, the Company has also classified revenues and expenses related to the four Investment Properties sold during the quarter ended March 31, 2005 and the one Investment Property held for sale at March 31, 2005, as discontinued operations.

(2)

Funds from Operations, commonly referred to as FFO, is a relative non-GAAP financial measure of operating performance of an equity REIT in order to recognize that income-producing real estate historically has not depreciated on the basis determined under GAAP. FFO is defined by the National Association of Real Estate Investment Trusts and is used by the Company as follows: net earnings (computed in accordance with GAAP) plus depreciation and amortization of assets unique to the real estate industry, excluding gains (or including losses) on the disposition of real estate held for investment, and the Company’s share of these items from the Company’s unconsolidated partnerships.

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FFO is generally considered by industry analysts to be the most appropriate measure of operating performance of real estate companies. FFO does not necessarily represent cash provided by operating activities in accordance with GAAP and should not be considered an alternative to net income as an indication of the Company’s operating performance or to cash flow as a measure of liquidity or ability to make distributions. Management considers FFO an appropriate measure of operating performance of an equity REIT because it primarily excludes the assumption that the value of the real estate assets diminishes predictably over time, and because industry analysts have accepted it as an operating performance measure. The Company’s computation of FFO may differ from the methodology for calculating FFO used by other equity REITs, and therefore, may not be comparable to such other REITs.

The Company has earnings from discontinued operations in each of its segments, real estate held for investment and real estate held for sale. All property dispositions from the Company’s held for investment segment are classified as discontinued operations. In addition, certain properties in the Company’s held for sale segment that have generated revenues before disposition are classified as discontinued operations. These held for sale properties have not historically been classified as discontinued operations, therefore, prior period comparable consolidated financial statements have been restated to include these properties in its earnings from discontinued operations. These adjustments resulted in a decrease in the Company’s reported total revenues and total and per share earnings from continuing operations and an increase in the Company’s earnings from discontinued operations. However, the Company’s total and per share net earnings available to common stockholders are not affected.

The following table reconciles FFO to their most directly comparable GAAP measure, net earnings for the years ended December 31:

	2004			2003			2002			2001			2000
		(revised)			(revised)			(revised)			(revised)			(revised)
Reconciliation of funds from operations:
Net earnings	$	64,934		$	53,473		$	48,058		$	28,963		$	38,251
Real estate, held for investment depreciation and amortization:
Continuing operations		15,049			11,127			9,161			6,953			7,256
Discontinued operations		666			745			1,167			703			582
Partnership real estate depreciation		622			699			479			63			63
Gain on disposition of real estate held for investment		(2,523	)		(287	)		(260	)		(4,648	)		(4,091	)
FFO		78,748			65,757			58,605			32,034			42,061
Series A Preferred Stock dividends		(4,008	)		(4,008	)		(4,010	)		-			-
Series B Convertible Preferred Stock dividends		(1,675	)		(502	)		-			-			-
FFO available to common stockholders – basic		73,065			61,247			54,595			32,034			42,061
Series B Convertible Preferred Stock dividends		-			502			-			-			-
FFO available to common stockholders – diluted	$	73,065		$	61,749		$	54,595		$	32,034		$	42,061

For a discussion of material events affecting the comparability of the information reflected in the selected financial data, refer to the Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

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