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Note 2 - Operating Property Activities (Tables)

6 Months Ended

Jun. 30, 2011


				Purchase Price
Property Name	Location	Month Acquired		Cash		Debt Assumed		Total	GLA*
Columbia Crossing	Columbia, MD	Jan-11	$	4,100	$	-	$	4,100	31
Turnpike Plaza	Huntington Station, NY	Feb-11		7,920		-		7,920	53
Center Court	Pikesville, MD	Mar-11		9,955		15,445		25,400	106
Flowery Branch	Flowery Branch, GA	April-11		4,427		9,273		13,700	93
Garden State Pavilions	Cherry Hill, NJ	June-11		18,250		-		18,250	257
		Total	$	44,652	$	24,718	$	69,370	540

Property, Plant and Equipment [Table Text Block]


Land	$	22,240
Buildings		30,011
Above Market Rents		2,513
Below Market Rents		(3,315)
In-Place Leases		3,407
Building Improvements		14,252
Tenant Improvements		2,154
Mortgage Fair Value Adjustment		(1,892)
	$	69,370

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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