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Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

Note 14. Selected Quarterly Financial Data (Unaudited)

The following is a summary of our unaudited quarterly results of operations for 2011 and 2010. Reclassifications have been made to the prior quarters and prior year results to reflect seven office properties and 20 industrial & other properties reclassified to continuing operations during the fourth quarter of 2011, 12 office properties and one industrial property reclassified to discontinued operations during the third quarter of 2011, 30 office properties and 25 industrial & other properties reclassified to discontinued operations during the fourth quarter of 2010 and one office property reclassified to discontinued operations during the third quarter of 2010:

	2011

	First Quarter⁽¹⁾		Second Quarter⁽¹⁾		Third Quarter⁽¹⁾		Fourth Quarter
Total revenues	$	210,673	$	217,938	$	241,785	$	241,552
Net income available for common shareholders		37,773		9,464		14,712		1,050
Net income available for common shareholders per share—basic and diluted		0.52		0.13		0.18		0.01
Common distributions declared		0.50		0.50		0.50		0.50

	2010

	First Quarter⁽¹⁾		Second Quarter⁽¹⁾			Third Quarter⁽¹⁾		Fourth Quarter⁽¹⁾
Total revenues	$	192,616	$	192,930		$	196,272	$	200,645
Net income (loss) available for common shareholders		24,630		(2,669	)		53,143		6,651
Net income (loss) available for common shareholders per share—basic and diluted		0.43		(0.04	)		0.82		0.09
Common distributions declared		—		0.48			0.50		0.50

⁽¹⁾: Amounts previously reported have been adjusted as follows:

	2011

	First Quarter			Second Quarter			Third Quarter
Total revenues as previously reported in 2011	$	214,362		$	222,181		$	238,790
Total revenues from properties reclassified (to) from discontinued operations during 2011 and 2010		(4,715	)		(5,331	)		1,723
Other adjustments to total revenues during 2011		1,026			1,088			1,272

Total revenues restated	$	210,673		$	217,938		$	241,785

	2010

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Total revenues as previously reported in 2010	$	213,626		$	213,966		$	218,035		$	202,998
Total revenues from properties reclassified to discontinued operations during 2011 and 2010		(21,010	)		(21,095	)		(21,763	)		(2,450	)
Total revenues reclassified from interest and other income during 2010		—			59			—			97

Total revenues restated	$	192,616		$	192,930		$	196,272		$	200,645

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items 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.

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