Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED
CHARGES AND PREFERRED STOCK DIVIDENDS

	Year Ended December 31,
	2007			2006			2005			2004			2003
Income Before Minority Interests	$	45,985		$	41,848		$	21,853		$	17,828		$	12,491
Add:
Distributed Income of Equity Investees		5,934			2,872			1,964			468			656
Fixed Charges and Preferred Dividends Excluding
Capitalized Interest		46,054			52,338			49,342			39,535			31,947
Amortization of Capitalized Interest		139			130			123			136			111
Deduct:
Gain on Sale of Real Estate		(32,643	)		(23,388	)		(1,136	)		(2,408	)		(1,160	)
Preferred Dividends		(3,146	)		(6,655	)		(6,655	)		(4,814	)		(2,375	)
Equity in Earnings of Equity Investees		(2,496	)		(3,002	)		(2,400	)		(180	)		(252	)
	$	59,827		$	64,143		$	63,091		$	50,565		$	41,418
Fixed Charges:
Interest Expense including Amortization of Debt Costs	$	42,609		$	45,409		$	42,421		$	34,525		$	29,432
Capitalized Interest		2,881			1,431			741			692			586
Interest Factor in Rental Expense		299			274			266			196			140
Total Fixed Charges	$	45,789		$	47,114		$	43,428		$	35,413		$	30,158
Preferred Stock Dividends		3,146			6,655			6,655			4,814			2,375
Total Fixed Charges and Preferred Dividends	$	48,935		$	53,769		$	50,083		$	40,227		$	32,533
Ratio of Earnings to Combined Fixed Charges		1.31			1.36			1.45			1.43			1.37
Ratio of Earnings to Combined Fixed Charges
and Preferred Dividends		1.22			1.19			1.26			1.26			1.27