Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2012

Real Estate and Accumulated Depreciation Disclosure [Text Block]

KIMCO REALTY CORPORATION AND SUBSIDIARIES

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2012

	INITIAL COST		SUBSEQUENT						TOTAL COST, NET OF
		BUILDING &	TO			BUILDING &		ACCUMULATED	ACCUMULATED		DATE OF	DATE OF
PROPERTIES	LAND	IMPROVEMENT	ACQUISITION		LAND	IMPROVEMENT	TOTAL	DEPRECIATION	DEPRECIATION	ENCUMBRANCES	ACQUISITION	CONSTRUCTION
GLENN SQUARE	3,306,779	-	44,149,548		3,306,779	44,149,548	47,456,327	3,457,974	43,998,353			2006
THE GROVE	18,951,763	6,403,809	27,536,024		16,395,647	36,495,949	52,891,596	2,930,399	49,961,197			2007
CHANDLER AUTO MALLS	9,318,595	-	(4,255,793	)	4,623,497	439,305	5,062,802	8,907	5,053,895			2004
EL MIRAGE	6,786,441	503,987	130,064		6,786,441	634,051	7,420,492	18,289	7,402,203			2008
TALAVI TOWN CENTER	8,046,677	17,291,542	(24,407	)	8,046,677	17,267,135	25,313,812	8,289,742	17,024,070		2007
MESA PAVILLIONS	6,060,018	35,955,005	(19,054	)	6,060,018	35,935,950	41,995,969	4,207,683	37,788,286		2009
MESA RIVERVIEW	15,000,000	-	139,626,899		307,992	154,318,907	154,626,899	28,304,759	126,322,140			2005
ANA MARIANA POWER CENTER	30,043,645	-	7,698,708		30,131,356	7,610,996	37,742,352	213,200	37,529,152			2006
MESA PAVILLIONS - SOUTH	-	148,508	(27,651	)	-	120,858	120,858	25,871	94,986		2011
METRO SQUARE	4,101,017	16,410,632	520,771		4,101,017	16,931,403	21,032,420	6,486,711	14,545,708		1998
HAYDEN PLAZA NORTH	2,015,726	4,126,509	5,013,176		2,015,726	9,139,685	11,155,411	3,053,920	8,101,491		1998
PHOENIX, COSTCO	5,324,501	21,269,943	1,033,546		4,577,869	23,050,120	27,627,990	6,000,660	21,627,330		1998
PHOENIX	2,450,341	9,802,046	929,417		2,450,341	10,731,463	13,181,804	4,411,736	8,770,068		1997
PINACLE  PEAK- N. CANYON RANCH	1,228,000	8,774,694	20,500		1,228,000	8,795,194	10,023,194	1,855,367	8,167,828	1,853,110	2009
VILLAGE CROSSROADS	5,662,554	24,981,223	(171,233	)	5,662,554	24,809,989	30,472,543	1,190,895	29,281,648		2011
NORTH VALLEY	6,861,564	18,200,901	2,539,809		3,861,272	23,741,002	27,602,274	1,113,619	26,488,655	16,320,882	2011
ASANTE RETAIL CENTER	8,702,635	3,405,683	2,865,559		11,039,472	3,934,405	14,973,877	105,624	14,868,253			2004
SURPRISE II	4,138,760	94,572	1,035		4,138,760	95,607	4,234,367	2,833	4,231,534			2008
BELL CAMINO CENTER	2,427,465	6,439,065	-		2,427,465	6,439,065	8,866,530	352,701	8,513,829		2012
COLLEGE PARK SHOPPING CENTER	3,276,951	7,741,323	37,500		3,276,951	7,778,823	11,055,774	412,115	10,643,659		2011
ALHAMBRA, COSTCO	4,995,639	19,982,557	333,261		4,995,639	20,315,818	25,311,457	7,654,985	17,656,472		1998
ANGEL'S CAMP TOWN CENTER	1,000,000	6,463,129	-		1,000,000	6,463,129	7,463,129	728,463	6,734,666		2009
MADISON PLAZA	5,874,396	23,476,190	668,915		5,874,396	24,145,105	30,019,501	8,984,338	21,035,163		1998
CHULA VISTA, COSTCO	6,460,743	25,863,153	11,689,917		6,460,743	37,553,070	44,013,813	12,001,986	32,011,828		1998
CORONA HILLS, COSTCO	13,360,965	53,373,453	5,955,208		13,360,965	59,328,661	72,689,626	22,144,201	50,545,425		1998
LABAND VILLAGE SC	5,600,000	13,289,347	9,337		5,607,237	13,291,448	18,898,685	4,736,363	14,162,322	8,500,000	2008
CUPERTINO VILLAGE	19,886,099	46,534,919	4,625,122		19,886,099	51,160,041	71,046,140	14,969,322	56,076,818	33,678,588	2006
CHICO CROSSROADS	9,975,810	30,534,524	717,076		9,987,652	31,239,758	41,227,410	5,833,271	35,394,139	24,510,565	2008
CORONA HILLS MARKETPLACE	9,727,446	24,778,390	184,823		9,727,446	24,963,214	34,690,660	6,349,975	28,340,684		2007
RIVER PARK SHOPPING CENTER	4,324,000	18,018,653	(448,708	)	4,324,000	17,569,945	21,893,945	1,933,015	19,960,930		2009
GOLD COUNTRY CENTER	3,272,212	7,864,878	37,687		3,278,290	7,896,487	11,174,777	2,178,896	8,995,881	6,901,658	2008
LA MIRADA THEATRE CENTER	8,816,741	35,259,965	(6,747,916	)	6,888,680	30,440,110	37,328,790	11,068,980	26,259,809		1998
KENNETH HAHN PLAZA	4,114,863	7,660,855	47,284		4,114,863	7,708,139	11,823,002	2,295,093	9,527,909	6,000,000	2010
NOVATO FAIR S.C.	9,259,778	15,599,790	159,789		9,259,778	15,759,579	25,019,357	2,600,473	22,418,884	-	2009
SOUTH NAPA MARKET PLACE	1,100,000	22,159,086	6,838,973		1,100,000	28,998,059	30,098,059	10,512,866	19,585,193		2006
PLAZA DI NORTHRIDGE	12,900,000	40,574,842	(792,333	)	12,900,000	39,782,509	52,682,509	10,809,040	41,873,469		2005
POWAY CITY CENTRE	5,854,585	13,792,470	7,701,699		7,247,814	20,100,941	27,348,754	5,923,090	21,425,664		2005
REDWOOD CITY	2,552,000	6,215,168	-		2,552,000	6,215,168	8,767,168	516,707	8,250,461	-	2009
TYLER STREET	3,020,883	7,811,339	53,109		3,200,516	7,684,814	10,885,331	2,486,959	8,398,372	6,643,654	2008
SANTA ANA, HOME DEPOT	4,592,364	18,345,257	-		4,592,364	18,345,257	22,937,622	6,935,088	16,002,534		1998
SAN/DIEGO CARMEL MOUNTAIN	5,322,600	8,873,991	(11,005	)	5,322,600	8,862,986	14,185,586	1,432,895	12,752,691		2009
FULTON MARKET PLACE	2,966,018	6,920,710	927,435		2,966,018	7,848,145	10,814,163	2,371,319	8,442,844		2005
MARIGOLD SC	15,300,000	25,563,978	3,406,662		15,300,000	28,970,640	44,270,640	12,905,960	31,364,680		2005
BLACK MOUNTAIN VILLAGE	4,678,015	11,913,344	89,992		4,678,015	12,003,336	16,681,350	3,265,898	13,415,452		2007
CITY HEIGHTS	10,687,472	28,324,896	26,489		10,687,472	28,351,385	39,038,857	85,288	38,953,568	21,808,858	2012
TRUCKEE CROSSROADS	2,140,000	8,255,753	611,777		2,140,000	8,867,531	11,007,530	4,803,398	6,204,133	3,264,029	2006
WESTLAKE SHOPPING CENTER	16,174,307	64,818,562	94,358,492		16,174,307	159,177,054	175,351,360	30,127,534	145,223,827		2002
SAVI RANCH	7,295,646	29,752,511	-		7,295,646	29,752,511	37,048,157	321,298	36,726,859		2012
VILLAGE ON THE PARK	2,194,463	8,885,987	5,619,852		2,194,463	14,505,839	16,700,302	4,460,720	12,239,582		1998
AURORA QUINCY	1,148,317	4,608,249	988,825		1,148,317	5,597,074	6,745,391	1,995,723	4,749,668		1998
AURORA EAST BANK	1,500,568	6,180,103	753,032		1,500,568	6,933,136	8,433,703	2,773,641	5,660,063		1998
SPRING CREEK COLORADO	1,423,260	5,718,813	798,280		1,423,260	6,517,092	7,940,353	2,438,037	5,502,316		1998
DENVER WEST 38TH STREET	161,167	646,983	-		161,167	646,983	808,150	247,437	560,713		1998
ENGLEWOOD PHAR MOR	805,837	3,232,650	249,867		805,837	3,482,517	4,288,354	1,354,400	2,933,954		1998
FORT COLLINS	1,253,497	7,625,278	1,599,608		1,253,497	9,224,886	10,478,382	2,706,634	7,771,748		2000
GREELEY COMMONS	3,313,095	20,069,559	24,300		3,313,095	20,093,859	23,406,954	241,795	23,165,159		2012
HIGHLANDS RANCH VILLAGE S.C.	8,135,427	21,579,936	(879,782	)	5,337,081	23,498,500	28,835,581	833,081	28,002,500	20,870,995	2011
VILLAGE CENTER WEST	2,010,519	8,361,084	6,815		2,010,519	8,367,899	10,378,418	377,958	10,000,460	6,205,857	2011
HERITAGE WEST	1,526,576	6,124,074	774,090		1,526,576	6,898,164	8,424,740	2,464,339	5,960,401		1998
MARKET AT SOUTHPARK	9,782,769	20,779,522	(32,455	)	9,782,769	20,747,067	30,529,837	1,045,288	29,484,549		2011
WEST FARM SHOPPING CENTER	5,805,969	23,348,024	4,537,981		5,805,969	27,886,005	33,691,974	8,979,729	24,712,246		1998
N.HAVEN, HOME DEPOT	7,704,968	30,797,640	1,050,387		7,704,968	31,848,027	39,552,995	11,775,885	27,777,110		1998
WATERBURY	2,253,078	9,017,012	653,224		2,253,078	9,670,236	11,923,314	4,631,458	7,291,857		1993
WILTON RIVER PARK SHOPPING CTR	7,154,585	27,509,279	70,777		7,154,585	27,580,056	34,734,641	423,247	34,311,394	19,896,160	2012
BRIGHT HORIZONS	1,211,748	4,610,610	9,499		1,211,748	4,620,109	5,831,857	64,596	5,767,262	1,768,215	2012
DOVER	122,741	66,738	4,007,816		3,024,375	1,172,921	4,197,296	52,085	4,145,211		2003
ELSMERE	-	3,185,642	2,287,586		-	5,473,228	5,473,228	3,235,258	2,237,969			1979
ALTAMONTE SPRINGS	770,893	3,083,574	(1,322,574	)	538,796	1,993,097	2,531,893	808,903	1,722,990		1995
AUBURNDALE	751,315	-	-		751,315	-	751,315	-	751,315		2009
BOCA RATON	573,875	2,295,501	1,722,099		733,875	3,857,600	4,591,475	2,030,398	2,561,077		1992
BAYSHORE GARDENS, BRADENTON FL	2,901,000	11,738,955	1,234,179		2,901,000	12,973,134	15,874,134	4,848,241	11,025,893		1998
SHOPPES @ MT. CARMEL	204,432	937,457	79,652		204,432	1,017,110	1,221,542	72,719	1,148,823		2009
CORAL SPRINGS	710,000	2,842,907	3,804,755		710,000	6,647,662	7,357,662	2,685,234	4,672,428		1994
CORAL SPRINGS	1,649,000	6,626,301	443,196		1,649,000	7,069,497	8,718,497	2,795,837	5,922,660		1997
CURLEW CROSSING S.C.	5,315,955	12,529,467	1,709,383		5,315,955	14,238,851	19,554,805	3,480,389	16,074,416		2005
CLEARWATER FL	3,627,946	918,466	(269,494	)	2,174,938	2,101,980	4,276,918	227,901	4,049,016		2007
EAST ORLANDO	491,676	1,440,000	2,626,124		1,007,882	3,549,918	4,557,800	2,297,443	2,260,357			1971
FT.LAUDERDALE/CYPRESS CREEK	14,258,760	28,042,390	1,856,935		14,258,760	29,899,324	44,158,084	4,115,199	40,042,885	-	2009
OAKWOOD BUSINESS CTR-BLDG 1	6,792,500	18,662,565	773,436		6,792,500	19,436,000	26,228,500	2,661,544	23,566,957	-	2009
SHOPPES AT AMELIA CONCOURSE	7,600,000	-	8,936,082		1,138,216	15,397,866	16,536,082	1,246,842	15,289,240			2003
AVENUES WALKS	26,984,546	-	49,385,331		33,225,306	43,144,571	76,369,877	-	76,369,877			2005
RIVERPLACE SHOPPING CTR.	7,503,282	31,011,027	(97,137	)	7,503,282	30,913,890	38,417,172	3,406,770	35,010,402		2010
MERCHANTS WALK	2,580,816	10,366,090	4,929,224		2,580,816	15,295,313	17,876,130	3,872,480	14,003,650		2001
LARGO	293,686	792,119	1,620,990		293,686	2,413,109	2,706,795	1,979,625	727,169			1968
LEESBURG	-	171,636	193,651		-	365,287	365,287	308,023	57,264			1969
LARGO EAST BAY	2,832,296	11,329,185	2,144,729		2,832,296	13,473,914	16,306,210	8,224,095	8,082,115		1992

	INITIAL COST		SUBSEQUENT						TOTAL COST, NET OF
		BUILDING &	TO			BUILDING &		ACCUMULATED	ACCUMULATED		DATE OF	DATE OF
PROPERTIES	LAND	IMPROVEMENT	ACQUISITION		LAND	IMPROVEMENT	TOTAL	DEPRECIATION	DEPRECIATION	ENCUMBRANCES	ACQUISITION	CONSTRUCTION
LAUDERHILL	1,002,733	2,602,415	12,606,236		1,774,443	14,436,941	16,211,384	9,000,490	7,210,894			1974
THE GROVES	1,676,082	6,533,681	(1,330,869	)	2,606,246	4,272,648	6,878,894	1,239,092	5,639,802		2006
LAKE WALES	601,052	-	-		601,052	-	601,052	-	601,052		2009
MELBOURNE	-	1,754,000	2,666,332		-	4,420,332	4,420,332	2,845,961	1,574,372			1968
GROVE GATE	365,893	1,049,172	1,207,100		365,893	2,256,272	2,622,165	1,869,682	752,483			1968
CHEVRON OUTPARCEL	530,570	1,253,410	-		530,570	1,253,410	1,783,980	125,210	1,658,770		2010
NORTH MIAMI	732,914	4,080,460	10,926,161		732,914	15,006,621	15,739,535	7,875,165	7,864,370	6,178,961	1985
MILLER ROAD	1,138,082	4,552,327	2,220,561		1,138,082	6,772,889	7,910,970	5,404,854	2,506,116		1986
MARGATE	2,948,530	11,754,120	7,919,694		2,948,530	19,673,814	22,622,344	7,798,185	14,824,159		1993
MT. DORA	1,011,000	4,062,890	436,174		1,011,000	4,499,064	5,510,064	1,698,879	3,811,185		1997
KENDALE LAKES PLAZA	18,491,461	28,496,001	(2,846,737	)	15,362,227	28,778,497	44,140,724	3,093,301	41,047,424	-	2009
PLANTATION CROSSING	7,524,800	-	11,187,936		7,153,784	11,558,952	18,712,736	1,210,330	17,502,406			2005
MILTON, FL	1,275,593	-	-		1,275,593	-	1,275,593	-	1,275,593		2007
FLAGLER PARK	26,162,980	80,737,041	1,766,686		26,162,980	82,503,727	108,666,707	14,174,502	94,492,205	25,428,794	2007
PARK HILL PLAZA	10,763,612	19,264,248	142,579		10,891,930	19,278,508	30,170,439	1,411,534	28,758,905	8,328,658	2011
RENAISSANCE CENTER	9,104,379	36,540,873	5,612,056		9,122,758	42,134,550	51,257,308	17,212,832	34,044,475		1998
ORLANDO	560,800	2,268,112	3,203,429		580,030	5,452,310	6,032,341	2,167,664	3,864,677		1996
OCALA	1,980,000	7,927,484	8,942,057		1,980,000	16,869,541	18,849,541	6,361,694	12,487,848		1997
MILLENIA PLAZA PHASE II	7,711,000	20,702,992	300,011		7,711,000	21,003,004	28,714,004	4,905,798	23,808,205		2009
GRAND OAKS VILLAGE	7,409,319	19,653,869	(946,240	)	5,846,339	20,270,609	26,116,948	1,057,056	25,059,892	6,553,929	2011
GONZALEZ	1,620,203	-	40,689		954,876	706,016	1,660,892	62,757	1,598,135		2007
POMPANO BEACH	10,516,500	1,359,236	530,900		10,516,500	1,890,136	12,406,636	46,452	12,360,184		2012
UNIVERSITY TOWN CENTER	5,515,265	13,041,400	149,024		5,515,265	13,190,424	18,705,689	585,718	18,119,971		2011
PALM BEACH GARDENS	2,764,953	11,059,812	278,643		2,764,953	11,338,456	14,103,409	663,589	13,439,820		2009
ST. PETERSBURG	-	917,360	1,266,811		-	2,184,171	2,184,171	1,104,439	1,079,732			1968
TUTTLE BEE SARASOTA	254,961	828,465	1,806,633		254,961	2,635,098	2,890,059	2,027,155	862,904		2008
SOUTH EAST SARASOTA	1,283,400	5,133,544	3,400,091		1,399,525	8,417,510	9,817,035	4,875,432	4,941,603		1989
SANFORD	1,832,732	9,523,261	6,256,188		1,832,732	15,779,449	17,612,181	9,703,986	7,908,195		1989
STUART	2,109,677	8,415,323	1,694,863		2,109,677	10,110,186	12,219,863	4,480,377	7,739,486		1994
SOUTH MIAMI	1,280,440	5,133,825	3,087,209		1,280,440	8,221,034	9,501,474	3,418,560	6,082,914		1995
TAMPA	5,220,445	16,884,228	2,249,431		5,220,445	19,133,659	24,354,104	6,951,838	17,402,267		1997
VILLAGE COMMONS S.C.	2,192,331	8,774,158	2,715,244		2,192,331	11,489,402	13,681,733	3,772,873	9,908,860		1998
MISSION BELL SHOPPING CENTER	5,056,426	11,843,119	8,661,955		5,067,033	20,494,467	25,561,501	4,908,884	20,652,617		2004
WEST PALM BEACH	550,896	2,298,964	1,426,083		550,896	3,725,047	4,275,943	1,526,491	2,749,452		1995
CROSS COUNTRY PLAZA	16,510,000	18,264,427	465,515		16,510,000	18,729,942	35,239,942	2,278,594	32,961,348		2009
AUGUSTA	1,482,564	5,928,122	2,439,437		1,482,564	8,367,559	9,850,123	3,508,069	6,342,054		1995
MARKET AT HAYNES BRIDGE	4,880,659	21,549,424	505,236		4,889,863	22,045,456	26,935,319	4,382,415	22,552,904	15,626,501	2008
EMBRY VILLAGE	18,147,054	33,009,514	215,338		18,160,524	33,211,382	51,371,906	6,869,361	44,502,545	30,025,443	2008
VILLAGE SHOPPES-FLOWERY BRANCH	4,444,148	10,510,657	(17,119	)	4,444,148	10,493,538	14,937,686	692,289	14,245,397	8,992,979	2011
SAVANNAH	2,052,270	8,232,978	2,408,812		2,052,270	10,641,790	12,694,060	5,042,393	7,651,667		1993
CHATHAM PLAZA	13,390,238	35,115,882	848,242		13,403,262	35,951,100	49,354,362	8,985,806	40,368,556	28,767,663	2008
KIHEI CENTER	3,406,707	7,663,360	654,468		3,406,707	8,317,828	11,724,535	4,710,325	7,014,210		2006
CLIVE	500,525	2,002,101	-		500,525	2,002,101	2,502,626	868,433	1,634,193		1996
METRO CROSSING	3,013,647	-	35,426,260		1,514,916	36,924,991	38,439,907	2,167,911	36,271,996			2006
SOUTHDALE SHOPPING CENTER	1,720,330	6,916,294	3,760,738		1,720,330	10,677,032	12,397,362	3,338,432	9,058,930	635,871	1999
DES MOINES	500,525	2,559,019	37,079		500,525	2,596,098	3,096,623	1,101,693	1,994,930		1996
DUBUQUE	-	2,152,476	239,217		-	2,391,693	2,391,693	852,030	1,539,663		1997
WATERLOO	500,525	2,002,101	2,869,100		500,525	4,871,201	5,371,726	2,930,608	2,441,117		1996
NAMPA (HORSHAM) FUTURE DEV.	6,501,240	-	11,902,537		10,567,218	7,836,559	18,403,777	264,671	18,139,106			2005
AURORA, N. LAKE	2,059,908	9,531,721	308,208		2,059,908	9,839,929	11,899,837	3,618,787	8,281,050		1998
BLOOMINGTON	805,521	2,222,353	4,246,390		805,521	6,468,743	7,274,264	4,118,981	3,155,283			1972
BELLEVILLE S.C.	-	5,372,253	1,255,387		1,161,195	5,466,445	6,627,640	1,996,939	4,630,701		1998
BRADLEY	500,422	2,001,687	424,877		500,422	2,426,564	2,926,986	1,024,922	1,902,064		1996
CALUMET CITY	1,479,217	8,815,760	13,905,512		1,479,216	22,721,273	24,200,489	5,850,753	18,349,735		1997
COUNTRYSIDE	-	4,770,671	(4,531,252	)	95,647	143,772	239,419	77,913	161,506		1997
CHICAGO	-	2,687,046	871,802		-	3,558,848	3,558,848	1,377,935	2,180,912		1997
CHAMPAIGN, NEIL ST.	230,519	1,285,460	725,493		230,519	2,010,953	2,241,472	771,170	1,470,302		1998
ELSTON	1,010,374	5,692,212	498,828		1,010,374	6,191,040	7,201,414	2,095,504	5,105,910		1997
CRYSTAL LAKE, NW HWY	179,964	1,025,811	564,039		180,269	1,589,545	1,769,814	471,852	1,297,962		1998
108 WEST GERMANIA PLACE	2,393,894	7,366,681	360		2,393,894	7,367,041	9,760,935	312,936	9,447,998		2008
BUTTERFIELD SQUARE	1,601,960	6,637,926	(3,588,725	)	1,182,677	3,468,484	4,651,161	1,180,384	3,470,777		1998
DOWNERS PARK PLAZA	2,510,455	10,164,494	968,249		2,510,455	11,132,743	13,643,198	4,071,520	9,571,678		1999
DOWNER GROVE	811,778	4,322,956	3,221,260		811,778	7,544,216	8,355,994	2,348,423	6,007,571		1997
ELGIN	842,555	2,108,674	1,728,298		500,927	4,178,600	4,679,527	2,922,303	1,757,224			1972
FOREST PARK	-	2,335,884	154,213		-	2,490,097	2,490,097	915,328	1,574,768		1997
FAIRVIEW HTS, BELLVILLE RD.	-	11,866,880	2,049,362		-	13,916,242	13,916,242	4,916,488	8,999,754		1998
BELLEVILLE ROAD S.C..-fee	1,900,000	-	-		1,900,000	-	1,900,000	-	1,900,000		2011
GENEVA	500,422	12,917,712	33,551		500,422	12,951,263	13,451,685	4,920,006	8,531,679		1996
LAKE ZURICH PLAZA	1,890,319	2,649,381	63,057		1,890,319	2,712,438	4,602,757	381,569	4,221,189		2005
MATTERSON	950,515	6,292,319	10,560,785		950,514	16,853,105	17,803,619	6,079,166	11,724,453		1997
MT. PROSPECT	1,017,345	6,572,176	4,016,735		1,017,345	10,588,911	11,606,256	4,277,134	7,329,122		1997
MUNDELEIN, S. LAKE	1,127,720	5,826,129	77,350		1,129,634	5,901,565	7,031,199	2,197,292	4,833,907		1998
NORRIDGE	-	2,918,315	-		-	2,918,315	2,918,315	1,136,649	1,781,666		1997
NAPERVILLE	669,483	4,464,998	456,947		669,483	4,921,945	5,591,428	1,742,823	3,848,605		1997
MARKETPLACE OF OAKLAWN	-	678,668	25,343		-	704,011	704,011	487,474	216,537		1998
ORLAND PARK, S. HARLEM	476,972	2,764,775	(2,694,903	)	87,998	458,846	546,844	163,240	383,603		1998
OAK LAWN	1,530,111	8,776,631	588,483		1,530,111	9,365,115	10,895,225	3,596,903	7,298,322		1997
OAKBROOK TERRACE	1,527,188	8,679,108	3,298,212		1,527,188	11,977,320	13,504,508	4,215,711	9,288,797		1997
PEORIA	-	5,081,290	2,403,560		-	7,484,850	7,484,850	5,368,740	2,116,110		1997
FREESTATE BOWL	252,723	998,099	(485,425	)	252,723	512,674	765,396	123,060	642,336		2003
ROCKFORD CROSSING	4,575,990	11,654,022	(577,091	)	4,583,005	11,069,916	15,652,921	1,881,847	13,771,073	10,226,384	2008
ROUND LAKE BEACH PLAZA	790,129	1,634,148	587,575		790,129	2,221,723	3,011,852	298,029	2,713,823		2005
SKOKIE	-	2,276,360	9,518,382		2,628,440	9,166,303	11,794,742	2,763,160	9,031,582		1997
KRC STREAMWOOD	181,962	1,057,740	216,585		181,962	1,274,324	1,456,287	443,639	1,012,648		1998
HAWTHORN HILLS SQUARE	6,783,928	33,033,624	-		6,783,928	33,033,624	39,817,551	449,689	39,367,863	21,471,879	2012
WOODGROVE FESTIVAL	5,049,149	20,822,993	4,067,683		4,805,866	25,133,960	29,939,825	9,043,249	20,896,576		1998
WAUKEGAN PLAZA	349,409	883,975	2,276,671		349,409	3,160,646	3,510,055	244,873	3,265,182		2005
GREENWOOD	423,371	1,883,421	3,259,073		584,445	4,981,420	5,565,865	3,221,547	2,344,318			1970
SOUTH BEND, S. HIGH ST.	183,463	1,070,401	196,857		183,463	1,267,258	1,450,721	446,936	1,003,786		1998

	INITIAL COST		SUBSEQUENT						TOTAL COST, NET OF
		BUILDING &	TO			BUILDING &		ACCUMULATED	ACCUMULATED		DATE OF	DATE OF
PROPERTIES	LAND	IMPROVEMENT	ACQUISITION		LAND	IMPROVEMENT	TOTAL	DEPRECIATION	DEPRECIATION	ENCUMBRANCES	ACQUISITION	CONSTRUCTION
OVERLAND PARK	1,183,911	6,335,308	142,374		1,185,906	6,475,686	7,661,593	2,357,930	5,303,662		1998
BELLEVUE	405,217	1,743,573	247,204		405,217	1,990,776	2,395,994	1,837,655	558,339		1976
LEXINGTON	1,675,031	6,848,209	5,773,377		1,551,079	12,745,538	14,296,617	5,987,902	8,308,715		1993
HAMMOND AIR PLAZA	3,813,873	15,260,609	7,073,544		3,813,873	22,334,153	26,148,025	7,305,037	18,842,988		1997
CENTRE AT WESTBANK	9,554,230	24,401,082	748,757		9,564,644	25,139,425	34,704,069	5,454,766	29,249,302	18,622,165	2008
LAFAYETTE	2,115,000	8,508,218	10,371,406		3,678,274	17,316,349	20,994,624	6,429,882	14,564,742		1997
PRIEN LAKE	6,426,167	15,181,072	(109,020	)	6,341,896	15,156,323	21,498,219	2,265,376	19,232,843	15,696,967	2010
PRIEN LAKE PLAZA OUTPARCEL	540,000	1,260,000	-		540,000	1,260,000	1,800,000	14,700	1,785,300		2012
AMBASSADOR PLAZA	1,803,672	4,260,966	(6,701	)	1,796,972	4,260,966	6,057,938	636,346	5,421,592	4,585,336	2010
BAYOU WALK	4,586,895	10,836,007	153,992		4,586,326	10,990,568	15,576,894	2,162,600	13,414,294	12,654,406	2010
EAST SIDE PLAZA	3,295,799	7,785,942	216,325		3,295,635	8,002,431	11,298,065	1,155,980	10,142,086	8,786,146	2010
GREAT BARRINGTON	642,170	2,547,830	7,315,207		751,124	9,754,083	10,505,207	3,875,356	6,629,851		1994
SHREWSBURY SHOPPING CENTER	1,284,168	5,284,853	5,000,687		1,284,168	10,285,540	11,569,708	3,049,544	8,520,163		2000
SNOWDEN SQUARE S.C.	1,929,402	4,557,934	-		1,929,402	4,557,934	6,487,336	-	6,487,336		2012
WILDE LAKE	1,468,038	5,869,862	1,800,813		1,558,038	7,580,675	9,138,712	1,699,357	7,439,355		2002
LYNX LANE	1,019,035	4,091,894	76,423		1,019,035	4,168,317	5,187,352	1,183,038	4,004,314		2002
CLINTON BANK BUILDING	82,967	362,371	-		82,967	362,371	445,338	234,824	210,514		2003
CLINTON BOWL	39,779	130,716	4,247		38,779	135,963	174,742	73,284	101,459		2003
TJMAXX	1,279,200	2,870,800	11,810,000		4,597,200	11,362,800	15,960,000	256,207	15,703,793		2011
VILLAGES AT URBANA	3,190,074	6,067	10,496,574		4,828,774	8,863,942	13,692,715	802,502	12,890,214		2003
GAITHERSBURG	244,890	6,787,534	230,545		244,890	7,018,079	7,262,969	2,366,356	4,896,613		1999
SHAWAN PLAZA	4,466,000	20,222,367	(857,895	)	4,466,000	19,364,472	23,830,472	7,681,230	16,149,242	8,449,348	2008
LAUREL	349,562	1,398,250	1,073,324		349,562	2,471,574	2,821,136	1,300,592	1,520,544		1995
LAUREL	274,580	1,100,968	283,421		274,580	1,384,389	1,658,969	1,384,389	274,580			1972
SOUTHWEST MIXED USE PROPERTY	403,034	1,325,126	306,510		361,035	1,673,635	2,034,670	846,473	1,188,197		2003
OWINGS MILLS PLAZA	303,911	1,370,221	(503,247	)	303,911	866,973	1,170,885	88,106	1,082,779		2005
PERRY HALL	3,339,309	12,377,339	824,994		3,339,309	13,202,333	16,541,642	5,332,593	11,209,049		2003
CENTRE COURT-RETAIL/BANK	1,035,359	7,785,830	-		1,035,359	7,785,830	8,821,189	474,591	8,346,598	2,757,103	2011
CENTRE COURT-GIANT	3,854,099	12,769,628	-		3,854,099	12,769,628	16,623,727	642,900	15,980,828	7,622,825	2011
CENTRE COURT-OLD COURT/COURTYD	2,279,177	5,284,577	-		2,279,177	5,284,577	7,563,754	386,602	7,177,152	5,366,536	2011
TIMONIUM SHOPPING CENTER	6,000,000	24,282,998	16,354,691		7,331,195	39,306,494	46,637,689	16,208,739	30,428,950		2003
TOWSON PLACE	43,886,876	101,764,931	533,557		43,886,876	102,298,489	146,185,364	3,523,695	142,661,670		2012
WALDORF BOWL	225,099	739,362	84,327		235,099	813,688	1,048,787	423,742	625,045		2003
WALDORF FIRESTONE	57,127	221,621	-		57,127	221,621	278,749	120,629	158,120		2003
BANGOR, ME	403,833	1,622,331	93,752		403,833	1,716,083	2,119,916	483,647	1,636,270		2001
MALLSIDE PLAZA	6,930,996	18,148,727	(245,736	)	6,939,589	17,894,397	24,833,987	4,981,362	19,852,624	14,706,340	2008
CLAWSON	1,624,771	6,578,142	8,699,369		1,624,771	15,277,511	16,902,282	5,264,478	11,637,804		1993
WHITE LAKE	2,300,050	9,249,607	1,980,754		2,300,050	11,230,361	13,530,411	4,782,295	8,748,116		1996
CANTON TWP PLAZA	163,740	926,150	5,249,730		163,740	6,175,879	6,339,620	686,681	5,652,938		2005
CLINTON TWP PLAZA	175,515	714,279	1,147,275		59,450	1,977,619	2,037,068	499,210	1,537,858		2005
FARMINGTON	1,098,426	4,525,723	2,563,624		1,098,426	7,089,347	8,187,773	3,427,716	4,760,057		1993
FLINT - VACANT LAND	101,424	-	-		101,424	-	101,424	-	101,424		2012
LIVONIA	178,785	925,818	1,180,992		178,785	2,106,810	2,285,595	1,274,808	1,010,787			1968
MUSKEGON	391,500	958,500	952,381		391,500	1,910,881	2,302,381	1,628,078	674,303		1985
OKEMOS PLAZA	166,706	591,193	1,878,684		166,706	2,469,877	2,636,583	175,724	2,460,859	-	2005
TAYLOR	1,451,397	5,806,263	275,289		1,451,397	6,081,552	7,532,949	2,978,032	4,554,917		1993
WALKER	3,682,478	14,730,060	2,108,718		3,682,478	16,838,778	20,521,256	7,957,641	12,563,616		1993
EDEN PRAIRIE PLAZA	882,596	911,373	570,450		882,596	1,481,823	2,364,419	186,485	2,177,934		2005
FOUNTAINS AT ARBOR LAKES	28,585,296	66,699,024	10,230,741		28,585,296	76,929,765	105,515,061	14,214,473	91,300,588		2006
ROSEVILLE PLAZA	132,842	957,340	4,739,103		132,842	5,696,443	5,829,285	699,739	5,129,546		2005
CREVE COEUR, WOODCREST/OLIVE	1,044,598	5,475,623	615,905		960,814	6,175,312	7,136,126	2,298,884	4,837,242		1998
CRYSTAL CITY, MI	-	234,378	-		-	234,378	234,378	85,376	149,003		1997
INDEPENDENCE, NOLAND DR.	1,728,367	8,951,101	193,000		1,731,300	9,141,168	10,872,468	3,378,067	7,494,401		1998
NORTH POINT SHOPPING CENTER	1,935,380	7,800,746	679,841		1,935,380	8,480,587	10,415,967	2,982,749	7,433,218		1998
KIRKWOOD	-	9,704,005	13,172,627		-	22,876,632	22,876,632	11,532,591	11,344,042		1998
KANSAS CITY	574,777	2,971,191	274,976		574,777	3,246,167	3,820,944	1,264,213	2,556,730		1997
LEMAY	125,879	503,510	3,828,858		451,155	4,007,092	4,458,247	1,306,750	3,151,497			1974
GRAVOIS	1,032,416	4,455,514	11,032,682		1,032,413	15,488,199	16,520,612	7,923,972	8,596,640		2008
ST. CHARLES-UNDERDEVELOPED LAND, MO	431,960	-	758,854		431,960	758,855	1,190,814	229,569	961,246		1998
SPRINGFIELD	2,745,595	10,985,778	7,221,086		2,904,022	18,048,437	20,952,459	7,377,882	13,574,577		1994
KMART PARCEL	905,674	3,666,386	4,933,942		905,674	8,600,328	9,506,001	2,258,408	7,247,593	1,418,352	2002
KRC ST. CHARLES	-	550,204	-		-	550,204	550,204	197,509	352,695		1998
ST. LOUIS, CHRISTY BLVD.	809,087	4,430,514	3,160,390		809,087	7,590,904	8,399,991	2,496,596	5,903,395		1998
OVERLAND	-	4,928,677	1,136,797		-	6,065,474	6,065,474	2,369,370	3,696,104		1997
ST. LOUIS	-	5,756,736	849,684		-	6,606,420	6,606,420	2,647,657	3,958,763		1997
ST. LOUIS	-	2,766,644	143,298		-	2,909,942	2,909,942	2,909,942	-		1997
ST. PETERS	1,182,194	7,423,459	7,227,838		1,563,694	14,269,797	15,833,491	9,292,852	6,540,639		1997
SPRINGFIELD,GLENSTONE AVE.	-	608,793	2,100,419		-	2,709,212	2,709,212	820,464	1,888,748		1998
TURTLE CREEK	11,535,281	-	32,945,553		10,150,881	34,329,953	44,480,834	5,525,086	38,955,748			2004
OVERLOOK VILLAGE	8,276,500	17,249,587	-		8,276,500	17,249,587	25,526,087	446,927	25,079,160		2012
CHARLOTTE	919,251	3,570,981	2,343,716		919,251	5,914,696	6,833,948	2,100,714	4,733,233		2008
TYVOLA RD.	-	4,736,345	5,082,086		-	9,818,431	9,818,431	7,346,453	2,471,979		1986
CROSSROADS PLAZA	767,864	3,098,881	34,566		767,864	3,133,447	3,901,310	1,029,216	2,872,094		2000
KIMCO CARY 696, INC.	2,180,000	8,756,865	527,277		2,256,799	9,207,343	11,464,142	3,416,224	8,047,917		1998
JETTON VILLAGE SHOPPES	3,875,224	10,292,231	(535,197	)	2,143,695	11,488,563	13,632,258	410,825	13,221,433	8,174,304	2011
MOUNTAIN ISLAND MARKETPLACE	3,318,587	7,331,413	-		3,318,587	7,331,413	10,650,000	211,794	10,438,206		2012
WOODLAWN SHOPPING CENTER	2,010,725	5,833,626	-		2,010,725	5,833,626	7,844,351	93,684	7,750,667		2012
DURHAM	1,882,800	7,551,576	2,097,270		1,882,800	9,648,846	11,531,646	4,027,430	7,504,216		1996
DAVIDSON COMMONS	2,978,533	12,859,867	11,600		2,978,533	12,871,467	15,850,000	224,091	15,625,909		2012
WESTRIDGE SQUARE S.C.	7,456,381	19,778,703	(282,578	)	11,977,700	14,974,806	26,952,506	1,441,815	25,510,691		2011
HILLSBOROUGH CROSSING	519,395	-	-		519,395	-	519,395	-	519,395		2003
PARK PLACE	5,461,478	16,163,494	79,783		5,469,809	16,234,946	21,704,755	3,327,202	18,377,553	13,351,804	2008
MOORESVILLE CROSSING	12,013,727	30,604,173	(520,444	)	11,625,801	30,471,654	42,097,455	5,874,124	36,223,332		2007
RALEIGH	5,208,885	20,885,792	12,105,168		5,208,885	32,990,960	38,199,845	14,412,743	23,787,102		1993
WAKEFIELD COMMONS II	6,506,450	-	(2,728,390	)	2,357,636	1,420,424	3,778,060	320,662	3,457,399			2001
WAKEFIELD CROSSINGS	3,413,932	-	(3,017,960	)	336,236	59,737	395,973	1,650	394,323			2001
EDGEWATER PLACE	3,150,000	-	10,087,943		3,062,768	10,175,175	13,237,943	1,744,609	11,493,334			2003
BRENNAN STATION	7,749,751	20,556,891	(970,033	)	6,321,923	21,014,686	27,336,609	1,037,588	26,299,021	9,223,411	2011
BRENNAN STATION OUTPARCEL	627,906	1,665,576	(93,482	)	450,232	1,749,768	2,200,000	77,396	2,122,604		2011

	INITIAL COST			SUBSEQUENT						TOTAL COST, NET OF
		BUILDING &		TO			BUILDING &		ACCUMULATED	ACCUMULATED		DATE OF	DATE OF
PROPERTIES	LAND	IMPROVEMENT		ACQUISITION		LAND	IMPROVEMENT	TOTAL	DEPRECIATION	DEPRECIATION	ENCUMBRANCES	ACQUISITION	CONSTRUCTION
WINSTON-SALEM	540,667	719,655		6,059,518		540,667	6,779,173	7,319,840	3,116,963	4,202,877	4,800,575		1969
SORENSON PARK PLAZA	5,104,294	-		31,258,442		4,017,569	32,345,167	36,362,736	2,732,253	33,630,484			2005
LORDEN PLAZA	8,872,529	22,548,382		222,227		8,883,003	22,760,134	31,643,138	3,994,273	27,648,865	24,688,250	2008
ROCKINGHAM	2,660,915	10,643,660		12,042,678		3,148,715	22,198,538	25,347,253	9,091,824	16,255,430	17,652,812	2008
BRIDGEWATER NJ	1,982,481	(3,666,959	)	11,229,293		1,982,481	7,562,335	9,544,815	3,502,689	6,042,126			1998
BAYONNE BROADWAY	1,434,737	3,347,719		2,825,469		1,434,737	6,173,188	7,607,924	1,454,367	6,153,557		2004
BRICKTOWN PLAZA	344,884	1,008,941		(307,857	)	344,884	701,084	1,045,968	50,634	995,334		2005
BRIDGEWATER PLAZA	350,705	1,361,524		6,068,929		350,705	7,430,453	7,781,158	323,509	7,457,649		2005
CHERRY HILL	2,417,583	6,364,094		1,583,669		2,417,583	7,947,764	10,365,346	6,178,224	4,187,122			1985
MARLTON PIKE	-	4,318,534		9,000		-	4,327,534	4,327,534	1,814,867	2,512,667		1996
CINNAMINSON	652,123	2,608,491		3,448,659		652,123	6,057,150	6,709,273	2,570,735	4,138,538		1996
GARDEN STATE PAVILIONS	7,530,709	10,801,949		(249,040	)	7,530,709	10,552,909	18,083,618	1,249,226	16,834,392		2011
EASTWINDOR VILLAGE	9,335,011	23,777,978		63,800		9,335,011	23,841,778	33,176,789	3,196,805	29,979,984	-	2008
HILLSBOROUGH	11,886,809	-		(6,880,755	)	5,006,054	-	5,006,054	-	5,006,054			2001
HOLMDEL TOWNE CENTER	10,824,624	43,301,494		5,002,494		10,824,624	48,303,988	59,128,612	12,618,170	46,510,442	26,182,239	2002
HOLMDEL COMMONS	16,537,556	38,759,952		3,442,519		16,537,556	42,202,471	58,740,027	11,798,091	46,941,936	18,964,653	2004
HOWELL PLAZA	311,384	1,143,159		4,694,515		311,384	5,837,674	6,149,058	525,817	5,623,240		2005
MAPLE SHADE	-	9,957,611		(78,995	)	-	9,878,615	9,878,615	639,957	9,238,659		2009
NORTH BRUNSWICK	3,204,978	12,819,912		21,300,476		3,204,978	34,120,388	37,325,366	13,175,516	24,149,850	27,001,490	1994
PISCATAWAY TOWN CENTER	3,851,839	15,410,851		692,255		3,851,839	16,103,106	19,954,945	6,075,094	13,879,851	10,741,884	1998
RIDGEWOOD	450,000	2,106,566		1,015,675		450,000	3,122,241	3,572,241	1,328,600	2,243,641		1993
SEA GIRT PLAZA	457,039	1,308,010		1,460,149		457,039	2,768,159	3,225,198	219,802	3,005,396		2005
UNION CRESCENT	7,895,483	3,010,640		25,415,422		8,696,579	27,624,967	36,321,545	5,896,757	30,424,788		2007
WESTMONT	601,655	2,404,604		10,689,752		601,655	13,094,356	13,696,011	4,742,968	8,953,043		1994
WILLOWBROOK PLAZA	15,320,436	40,996,874		(969,688	)	15,320,436	40,027,186	55,347,622	7,082,874	48,264,747		2009
SYCAMORE PLAZA	1,404,443	5,613,270		283,450		1,404,443	5,896,720	7,301,163	2,289,963	5,011,200		1998
PLAZA PASEO DEL-NORTE	4,653,197	18,633,584		1,334,022		4,653,197	19,967,606	24,620,803	7,484,306	17,136,497		1998
JUAN TABO, ALBUQUERQUE	1,141,200	4,566,817		264,134		1,141,200	4,830,951	5,972,151	1,795,765	4,176,386		1998
WARM SPRINGS PROMENADE	7,226,363	19,109,946		2,609,141		7,226,363	21,719,087	28,945,450	4,642,620	24,302,830		2009
COMP USA CENTER	2,581,908	5,798,092		(363,745	)	2,581,908	5,434,347	8,016,255	2,767,691	5,248,564	2,749,590	2006
DEL MONTE PLAZA	2,489,429	5,590,415		332,589		2,210,000	6,202,433	8,412,434	1,707,367	6,705,067	3,625,911	2006
D'ANDREA MARKETPLACE	11,556,067	29,435,364		(56,105	)	11,556,067	29,379,259	40,935,327	4,295,084	36,640,243	14,350,098	2007
KEY BANK BUILDING	1,500,000	40,486,755		-		1,500,000	40,486,755	41,986,755	11,581,670	30,405,086	13,967,886	2006
BRIDGEHAMPTON	1,811,752	3,107,232		24,873,129		1,858,188	27,933,925	29,792,113	15,789,825	14,002,288	33,628,529		1972
GENOVESE DRUG STORE	564,097	2,268,768		-		564,097	2,268,768	2,832,865	568,249	2,264,616		2003
KINGS HIGHWAY	2,743,820	6,811,268		1,338,513		2,743,820	8,149,781	10,893,601	2,423,832	8,469,769		2004
HOMEPORT-RALPH AVENUE	4,414,466	11,339,857		3,227,468		4,414,467	14,567,325	18,981,792	3,378,307	15,603,485		2004
BELLMORE	1,272,269	3,183,547		381,803		1,272,269	3,565,350	4,837,619	999,255	3,838,364	78,209	2004
MARKET AT BAY SHORE	12,359,621	30,707,802		1,145,127		12,359,621	31,852,929	44,212,550	8,591,642	35,620,908		2006
5959 BROADWAY	6,035,726	-		(2,612,192	)	3,405,334	18,200	3,423,534	4,651	3,418,883		2008
KEY FOOD OPERATOR ATLANTIC AVE	2,272,500	5,624,589		-		2,272,500	5,624,589	7,897,089	-	7,897,089		2012
KING KULLEN PLAZA	5,968,082	23,243,404		4,934,985		5,980,130	28,166,341	34,146,471	9,678,626	24,467,845		1998
PATHMARK SC	6,714,664	17,359,161		526,939		6,714,664	17,886,100	24,600,764	4,018,260	20,582,504	-	2006
BIRCHWOOD PLAZA COMMACK	3,630,000	4,774,791		274,672		3,630,000	5,049,463	8,679,463	1,299,251	7,380,213		2007
ELMONT	3,011,658	7,606,066		2,204,704		3,011,658	9,810,769	12,822,428	2,597,309	10,225,118		2004
FRANKLIN SQUARE	1,078,541	2,516,581		3,835,813		1,078,541	6,352,394	7,430,934	1,296,602	6,134,332		2004
KISSENA BOULEVARD SC	11,610,000	2,933,487		1,519		11,610,000	2,935,006	14,545,006	807,978	13,737,027		2007
HAMPTON BAYS	1,495,105	5,979,320		3,304,710		1,495,105	9,284,031	10,779,135	5,186,357	5,592,778		1989
HICKSVILLE	3,542,739	8,266,375		1,327,458		3,542,739	9,593,833	13,136,572	2,654,197	10,482,376		2004
TURNPIKE PLAZA	2,471,832	5,839,416		125,480		2,471,832	5,964,896	8,436,728	1,097,876	7,338,852		2011
BIRCHWOOD PLAZA (NORTH & SOUTH)	12,368,330	33,071,495		224,943		12,368,330	33,296,439	45,664,769	5,969,361	39,695,407	12,364,313	2007
501 NORTH BROADWAY	-	1,175,543		607		-	1,176,150	1,176,150	593,997	582,153		2007
MERRYLANE (P/L)	1,485,531	1,749		539		1,485,531	2,288	1,487,819	208	1,487,611		2007
FAMILY DOLLAR UNION TURNPIKE	909,000	2,249,775		-		909,000	2,249,775	3,158,775	-	3,158,775		2012
DOUGLASTON SHOPPING CENTER	3,277,254	13,161,218		3,777,781		3,277,253	16,939,000	20,216,253	3,897,231	16,319,023		2003
KEY FOOD OPERATOR 21ST STREET	1,090,800	2,699,730		-		1,090,800	2,699,730	3,790,530	-	3,790,530		2012
MANHASSET VENTURE LLC	4,567,003	19,165,808		24,661,004		3,471,939	44,921,876	48,393,816	17,724,834	30,668,982		1999
MANHASSET CENTER (residential)	950,000	-		-		950,000	-	950,000	-	950,000		2012
MASPETH QUEENS-DUANE READE	1,872,013	4,827,940		931,187		1,872,013	5,759,126	7,631,139	1,472,344	6,158,795		2004
MASSAPEQUA	1,880,816	4,388,549		964,761		1,880,816	5,353,310	7,234,126	1,594,788	5,639,337		2004
MINEOLA SC	4,150,000	7,520,692		(413,995	)	4,150,000	7,106,697	11,256,697	1,506,875	9,749,822		2007
BIRCHWOOD PARK DRIVE (LAND LOT)	3,507,162	4,126		49,191		3,507,406	53,074	3,560,480	466	3,560,014		2007
SMITHTOWN PLAZA	3,528,000	7,364,098		289,959		3,528,000	7,654,056	11,182,056	885,427	10,296,630	-	2009
4452 BROADWAY	12,412,724	-		(5,400,000	)	7,012,724	-	7,012,724	-	7,012,724		2007
PREF. EQUITY-30 WEST 21ST STREET	6,250,000	21,974,274		11,441,353		6,250,000	33,415,627	39,665,627	2,291,319	37,374,308	-	2007
PLAINVIEW	263,693	584,031		9,810,734		263,693	10,394,766	10,658,458	5,253,472	5,404,986	13,372,058		1969
POUGHKEEPSIE	876,548	4,695,659		13,008,483		876,548	17,704,142	18,580,690	8,630,708	9,949,982	15,055,537		1972
SYOSSET, NY	106,655	76,197		1,551,676		106,655	1,627,873	1,734,528	987,021	747,507			1990
STATEN ISLAND	2,280,000	9,027,951		7,421,413		2,280,000	16,449,364	18,729,364	9,386,052	9,343,312		1989
STATEN ISLAND	2,940,000	11,811,964		1,191,309		3,148,424	12,794,849	15,943,273	4,920,384	11,022,889		1997
STATEN ISLAND PLAZA	5,600,744	6,788,460		(1,553,829	)	5,600,744	5,234,632	10,835,375	303,161	10,532,215		2005
HYLAN PLAZA	28,723,536	38,232,267		33,893,096		28,723,536	72,125,364	100,848,899	19,716,591	81,132,308		2006
STOP N SHOP STATEN ISLAND	4,558,592	10,441,408		155,848		4,558,592	10,597,256	15,155,848	2,977,858	12,177,990		2005
KEY FOOD OPERATOR CENTRAL AVE.	2,787,600	6,899,310		-		2,787,600	6,899,310	9,686,910	-	9,686,910		2012
WHITE PLAINS	1,777,775	4,453,894		2,010,606		1,777,775	6,464,500	8,242,274	1,783,336	6,458,938	2,956,088	2004
CHAMPION FOOD SUPERMARKET	757,500	1,874,813		-		757,500	1,874,813	2,632,313	-	2,632,313		2012
YONKERS	871,977	3,487,909		-		871,977	3,487,909	4,359,886	1,773,622	2,586,264		1998
STRAUSS ROMAINE AVENUE	782,459	1,825,737		586,255		782,459	2,411,992	3,194,451	303,737	2,890,714		2005
BEAVERCREEK	635,228	3,024,722		4,205,673		635,228	7,230,395	7,865,623	4,633,238	3,232,385		1986
OLENTANGY RIVER RD.	764,517	1,833,600		2,340,830		764,517	4,174,430	4,938,947	3,554,751	1,384,196		1988
MONTGOMERY PLAZA	530,893	1,302,656		3,226,699		530,893	4,529,354	5,060,248	414,150	4,646,098		2005
KENT, OH	6,254	3,028,914		-		6,254	3,028,914	3,035,168	1,967,433	1,067,735		1999
KENT	2,261,530	-		-		2,261,530	-	2,261,530	-	2,261,530		1995
NORTH OLMSTED	626,818	3,712,045		35,000		626,818	3,747,045	4,373,862	2,635,775	1,738,087		1999
ORANGE OHIO	3,783,875	-		(2,342,306	)	921,704	519,865	1,441,569	-	1,441,569			2001
EDMOND	477,036	3,591,493		375,195		477,036	3,966,688	4,443,724	1,401,219	3,042,505		1997
CENTENNIAL PLAZA	4,650,634	18,604,307		437,071		4,650,634	19,041,378	23,692,012	8,114,100	15,577,912		1998
CANBY SQUARE SHOPPING CENTER	2,727,000	4,347,500		(180,402	)	2,727,000	4,167,098	6,894,098	1,058,383	5,835,714		2009
OREGON TRAIL CENTER	5,802,422	12,622,879		(164,516	)	5,802,422	12,458,362	18,260,784	2,835,919	15,424,866		2009

	INITIAL COST		SUBSEQUENT						TOTAL COST, NET OF
		BUILDING &	TO			BUILDING &		ACCUMULATED	ACCUMULATED		DATE OF	DATE OF
PROPERTIES	LAND	IMPROVEMENT	ACQUISITION		LAND	IMPROVEMENT	TOTAL	DEPRECIATION	DEPRECIATION	ENCUMBRANCES	ACQUISITION	CONSTRUCTION
POWELL VALLEY JUNCTION	5,062,500	3,152,982	(2,801,856	)	2,035,125	3,378,501	5,413,626	913,731	4,499,895		2009
MEDFORD CENTER	8,940,798	16,995,113	46,881		8,943,600	17,039,192	25,982,792	3,765,357	22,217,435		2009
MCMINNVILLE	4,062,327	-	881,473		4,062,327	881,473	4,943,800	18,895	4,924,906			2006
PIONEER PLAZA	952,740	6,638,583	3,012,460		3,982,020	6,621,763	10,603,783	2,039,818	8,563,965		2009
ALLEGHENY	-	30,061,177	59,094		-	30,120,271	30,120,271	6,162,210	23,958,061		2004
SUBURBAN SQUARE	70,679,871	166,351,381	4,358,017		71,279,871	170,109,398	241,389,270	34,626,138	206,763,132		2007
CHIPPEWA	2,881,525	11,526,101	153,289		2,881,525	11,679,391	14,560,916	3,911,007	10,649,909	5,919,679	2000
BROOKHAVEN PLAZA	254,694	973,318	(61,414	)	254,694	911,903	1,166,598	72,032	1,094,565		2005
CARNEGIE	-	3,298,908	17,747		-	3,316,655	3,316,655	1,105,552	2,211,103		1999
CENTER SQUARE	731,888	2,927,551	1,269,064		731,888	4,196,615	4,928,503	2,250,128	2,678,375		1996
WAYNE PLAZA	6,127,623	15,605,012	210,038		6,135,670	15,807,004	21,942,674	2,118,606	19,824,068	13,803,320	2008
CHAMBERSBURG CROSSING	9,090,288	-	26,037,242		8,790,288	26,337,242	35,127,530	4,038,945	31,088,585			2006
DEVON VILLAGE	4,856,379	25,846,910	-		4,856,379	25,846,910	30,703,289	407,493	30,295,795		2012
EAST STROUDSBURG	1,050,000	2,372,628	1,434,371		1,050,000	3,806,999	4,856,999	2,985,664	1,871,335			1973
RIDGE PIKE PLAZA	1,525,337	4,251,732	3,016,678		1,525,337	7,268,410	8,793,747	1,152,303	7,641,444		2008
EXTON	176,666	4,895,360	-		176,666	4,895,360	5,072,026	1,631,787	3,440,239		1999
EXTON	731,888	2,927,551	-		731,888	2,927,551	3,659,439	1,226,069	2,433,370		1996
EASTWICK	889,001	2,762,888	3,074,728		889,001	5,837,616	6,726,617	2,271,015	4,455,603	4,258,331	1997
EXTON PLAZA	294,378	1,404,778	338,373		130,246	1,907,284	2,037,529	175,108	1,862,422		2005
FEASTERVILLE	520,521	2,082,083	2,593,014		520,521	4,675,097	5,195,618	887,834	4,307,784		1996
GETTYSBURG	74,626	671,630	101,519		74,626	773,149	847,775	750,878	96,897		1986
HARRISBURG, PA	452,888	6,665,238	3,969,364		452,888	10,634,601	11,087,489	7,428,586	3,658,903		2002
HAMBURG	439,232	-	2,023,428		494,982	1,967,677	2,462,660	543,391	1,919,269	2,062,577		2000
HAVERTOWN	731,888	2,927,551	-		731,888	2,927,551	3,659,439	1,226,069	2,433,370		1996
NORRISTOWN	686,134	2,664,535	3,751,641		774,084	6,328,226	7,102,310	4,249,355	2,852,956		1984
NEW KENSINGTON	521,945	2,548,322	705,540		521,945	3,253,862	3,775,807	2,939,109	836,698		1986
PHILADELPHIA	731,888	2,927,551	-		731,888	2,927,551	3,659,439	1,226,069	2,433,370		1996
PHILADELPHIA PLAZA	209,197	1,373,843	16,952		209,197	1,390,795	1,599,992	125,900	1,474,093		2005
STRAUSS WASHINGTON AVENUE	424,659	990,872	468,821		424,659	1,459,693	1,884,352	363,424	1,520,928		2005
WEXFORD PLAZA	6,413,635	9,774,600	5,413,946		6,413,635	15,188,547	21,602,182	1,742,241	19,859,940	12,500,000	2010
242-244 MARKET STREET	704,263	2,117,182	290,927		704,263	2,408,109	3,112,372	104,290	3,008,082		2007
1401 WALNUT ST LOWER ESTATE - UNIT A	-	7,001,199	173,928		-	7,175,127	7,175,127	1,113,355	6,061,771		2008
1401 WALNUT ST LOWER ESTATE	-	32,081,992	(256,606	)	-	31,825,386	31,825,386	3,417,725	28,407,661		2008
1831-33 CHESTNUT STREET	1,982,143	5,982,231	(601,274	)	1,740,416	5,622,684	7,363,100	258,238	7,104,862		2007
1429 WALNUT STREET-COMMERCIAL	5,881,640	17,796,661	(17,251,273	)	4,530,789	1,896,240	6,427,029	1,776,743	4,650,286	6,705,528	2008
1805 WALNUT STREET UNIT A	-	17,311,529	2,929,832		-	20,241,360	20,241,360	424,388	19,816,972		2008
RICHBORO	788,761	3,155,044	12,694,159		976,439	15,661,524	16,637,964	8,557,940	8,080,024	9,353,995	1986
SPRINGFIELD	919,998	4,981,589	10,121,925		920,000	15,103,512	16,023,512	6,559,055	9,464,457		1983
UPPER DARBY	231,821	927,286	5,779,270		231,821	6,706,556	6,938,377	2,604,689	4,333,688	3,345,831	1996
WEST MIFFLIN	1,468,342	-	-		1,468,342	-	1,468,342	-	1,468,342		1986
WHITEHALL	-	5,195,577	-		-	5,195,577	5,195,577	2,175,926	3,019,651		1996
W. MARKET ST.	188,562	1,158,307	-		188,562	1,158,307	1,346,869	1,158,307	188,562		1986
REXVILLE TOWN CENTER	24,872,982	48,688,161	6,073,121		25,678,064	53,956,200	79,634,264	19,860,598	59,773,666	39,022,236	2006
PLAZA CENTRO - COSTCO	3,627,973	10,752,213	1,554,239		3,866,206	12,068,219	15,934,425	5,303,539	10,630,885		2006
PLAZA CENTRO - MALL	19,873,263	58,719,179	7,435,470		19,408,112	66,619,799	86,027,911	28,394,791	57,633,121		2006
PLAZA CENTRO - RETAIL	5,935,566	16,509,748	2,482,741		6,026,070	18,901,985	24,928,055	8,212,600	16,715,455		2006
PLAZA CENTRO - SAM'S CLUB	6,643,224	20,224,758	2,356,555		6,520,090	22,704,447	29,224,537	20,944,334	8,280,203		2006
LOS COLOBOS - BUILDERS SQUARE	4,404,593	9,627,903	1,378,199		4,461,145	10,949,550	15,410,696	6,255,889	9,154,807		2006
LOS COLOBOS - KMART	4,594,944	10,120,147	743,305		4,402,338	11,056,057	15,458,396	6,510,717	8,947,679		2006
LOS COLOBOS I	12,890,882	26,046,669	3,340,866		13,613,375	28,665,042	42,278,417	12,145,876	30,132,541		2006
LOS COLOBOS II	14,893,698	30,680,556	3,367,798		15,142,300	33,799,752	48,942,052	14,422,685	34,519,367		2006
WESTERN PLAZA - MAYAQUEZ ONE	10,857,773	12,252,522	1,296,644		11,241,993	13,164,945	24,406,939	5,724,931	18,682,007		2006
WESTERN PLAZA - MAYAGUEZ TWO	16,874,345	19,911,045	1,732,421		16,872,647	21,645,164	38,517,811	9,464,269	29,053,542		2006
MANATI VILLA MARIA SC	2,781,447	5,673,119	417,977		2,606,588	6,265,955	8,872,543	3,505,919	5,366,624		2006
PONCE TOWN CENTER	14,432,778	28,448,754	4,972,360		14,903,024	32,950,868	47,853,893	8,985,068	38,868,825	22,728,601	2006
TRUJILLO ALTO PLAZA	12,053,673	24,445,858	3,847,438		12,289,288	28,057,682	40,346,970	14,827,153	25,519,817		2006
MARSHALL PLAZA, CRANSTON RI	1,886,600	7,575,302	1,771,187		1,886,600	9,346,489	11,233,089	3,821,835	7,411,254		1998
CHARLESTON	730,164	3,132,092	18,725,743		730,164	21,857,835	22,587,999	6,357,742	16,230,257			1978
CHARLESTON	1,744,430	6,986,094	4,308,629		1,744,430	11,294,723	13,039,153	4,681,114	8,358,040		1995
FLORENCE	1,465,661	6,011,013	849,832		1,465,661	6,860,845	8,326,506	2,476,193	5,850,313		1997
GREENVILLE	2,209,812	8,850,864	887,322		2,209,811	9,738,187	11,947,998	3,849,666	8,098,332		1997
CHERRYDALE POINT	5,801,948	32,055,019	1,165,166		5,801,948	33,220,185	39,022,133	3,676,308	35,345,825	-	2009
WOODRUFF SHOPPING CENTER	3,110,439	15,501,117	1,182,533		3,465,199	16,328,890	19,794,089	980,086	18,814,003		2010
FOREST PARK	1,920,241	9,544,875	-		1,920,241	9,544,875	11,465,115	183,040	11,282,075		2012
MADISON	-	4,133,904	2,880,678		-	7,014,582	7,014,582	5,461,380	1,553,202			1978
HICKORY RIDGE COMMONS	596,347	2,545,033	(2,404,809	)	683,820	52,750	736,571	15,667	720,903		2000
TROLLEY STATION	3,303,682	13,218,740	203,711		3,303,682	13,422,451	16,726,133	4,909,872	11,816,262		1998
MARKET PLACE AT RIVERGATE	2,574,635	10,339,449	1,544,098		2,574,635	11,883,547	14,458,182	4,616,355	9,841,827		1998
RIVERGATE, TN	3,038,561	12,157,408	3,914,995		3,038,561	16,072,403	19,110,964	5,793,057	13,317,907		1998
CENTER OF THE HILLS, TX	2,923,585	11,706,145	1,106,611		2,923,585	12,812,756	15,736,341	5,106,895	10,629,446	9,876,829	2008
ARLINGTON	3,160,203	2,285,378	490,738		3,160,203	2,776,116	5,936,320	891,995	5,044,325		1997
DOWLEN CENTER	2,244,581	-	(722,251	)	484,828	1,037,502	1,522,330	87,738	1,434,592			2002
GATEWAY STATION	1,373,692	28,145,158	14,389		1,374,880	28,158,358	29,533,238	903,104	28,630,133	-	2011
BAYTOWN	500,422	2,431,651	681,655		500,422	3,113,306	3,613,728	1,201,001	2,412,727		1996
LAS TIENDAS PLAZA	8,678,107	-	25,971,206		7,943,925	26,705,388	34,649,313	2,393,126	32,256,187			2005
CORPUS CHRISTI, TX	-	944,562	3,526,281		-	4,470,843	4,470,843	1,216,263	3,254,579		1997
ISLAND GATE PLAZA	4,343,000	4,723,215	230,224		4,343,000	4,953,438	9,296,438	293,813	9,002,625		2011
PRESTON LEBANON CROSSING	13,552,180	-	25,307,090		12,163,694	26,695,576	38,859,270	2,377,064	36,482,206			2006
LAKE PRAIRIE TOWN CROSSING	7,897,491	-	24,220,124		6,783,464	25,334,151	32,117,615	2,783,528	29,334,087			2006
CENTER AT BAYBROOK	6,941,017	27,727,491	9,849,161		7,063,186	37,454,483	44,517,669	11,379,867	33,137,802		1998
HARRIS COUNTY	1,843,000	7,372,420	2,272,522		2,003,260	9,484,682	11,487,942	3,459,942	8,028,000		1997
CYPRESS TOWNE CENTER	6,033,932	-	1,041,845		2,251,666	4,824,111	7,075,777	211,531	6,864,246			2003
SHOPS AT VISTA RIDGE	3,257,199	13,029,416	332,552		3,257,199	13,361,967	16,619,167	5,201,257	11,417,909		1998
VISTA RIDGE PLAZA	2,926,495	11,716,483	2,239,786		2,926,495	13,956,270	16,882,764	5,297,941	11,584,823		1998
VISTA RIDGE PHASE II	2,276,575	9,106,300	1,226,061		2,276,575	10,332,361	12,608,936	3,536,613	9,072,324		1998
SOUTH PLAINES PLAZA, TX	1,890,000	7,555,099	444,355		1,890,000	7,999,454	9,889,454	2,978,446	6,911,008		1998
LAKE JACKSON	1,562,328	4,144,212	-		1,562,328	4,144,212	5,706,540	153,224	5,553,316		2012
MESQUITE	520,340	2,081,356	1,081,051		520,340	3,162,408	3,682,747	1,360,886	2,321,862		1995
MESQUITE TOWN CENTER	3,757,324	15,061,644	2,394,853		3,757,324	17,456,497	21,213,821	6,637,964	14,575,857		1998

	INITIAL COST		SUBSEQUENT						TOTAL COST, NET OF
		BUILDING &	TO			BUILDING &		ACCUMULATED	ACCUMULATED		DATE OF	DATE OF
PROPERTIES	LAND	IMPROVEMENT	ACQUISITION		LAND	IMPROVEMENT	TOTAL	DEPRECIATION	DEPRECIATION	ENCUMBRANCES	ACQUISITION	CONSTRUCTION
NEW BRAUNSFELS	840,000	3,360,000	-		840,000	3,360,000	4,200,000	820,144	3,379,856		2003
PARKER PLAZA	7,846,946	-	-		7,846,946	-	7,846,946	-	7,846,946			2005
PLANO	500,414	2,830,835	-		500,414	2,830,835	3,331,249	1,174,107	2,157,142		1996
SOUTHLAKE OAKS	3,011,260	7,703,844	(62,791	)	3,019,951	7,632,363	10,652,313	2,009,778	8,642,536	6,192,143	2008
WOODBRIDGE SHOPPING CENTER	2,568,705	6,813,716	-		2,568,705	6,813,716	9,382,421	222,553	9,159,869		2012
WEST OAKS	500,422	2,001,687	325,191		500,422	2,326,878	2,827,300	875,080	1,952,220		1996
OGDEN	213,818	855,275	4,084,007		850,699	4,302,401	5,153,100	1,960,182	3,192,918			1967
COLONIAL HEIGHTS	125,376	3,476,073	294,598		125,376	3,770,671	3,896,047	1,241,353	2,654,695		1999
OLD TOWN VILLAGE	4,500,000	41,569,735	(2,194,866	)	4,300,819	39,574,050	43,874,869	2,185,444	41,689,424		2007
RICHMOND	82,544	2,289,288	280,600		82,544	2,569,889	2,652,432	727,619	1,924,813		1999
RICHMOND	670,500	2,751,375	-		670,500	2,751,375	3,421,875	1,241,294	2,180,580		1995
VALLEY VIEW SHOPPING CENTER	3,440,018	8,054,004	922,790		3,440,018	8,976,794	12,416,812	1,945,689	10,471,123		2004
POTOMAC RUN PLAZA	27,369,515	48,451,209	(639,454	)	27,369,515	47,811,755	75,181,270	10,338,425	64,842,845	40,997,953	2008
MANCHESTER SHOPPING CENTER	2,722,461	6,403,866	639,555		2,722,461	7,043,421	9,765,882	2,278,877	7,487,005		2004
AUBURN NORTH	7,785,841	18,157,625	60,221		7,785,841	18,217,846	26,003,688	5,120,435	20,883,253		2007
FRONTIER VILLAGE SHOPPING CTR.	10,750,863	34,566,734	96,299		10,750,863	34,663,033	45,413,896	936,452	44,477,445	32,418,427	2012
OLYMPIA WEST OUTPARCEL	360,000	799,640	40,360		360,000	840,000	1,200,000	15,400	1,184,600		2012
SILVERDALE PLAZA	3,875,013	32,083,427	205,450		3,875,013	32,288,878	36,163,890	907,828	35,256,063	25,050,616	2012
CHARLES TOWN	602,000	3,725,871	11,269,416		602,000	14,995,287	15,597,287	8,669,491	6,927,796		1985
BLUE RIDGE	12,346,900	71,529,796	(8,432,419	)	17,608,591	57,835,686	75,444,277	16,200,943	59,243,334	14,561,754	2005
MICROPROPERTIES	24,206,390	56,481,576	-		24,206,390	56,481,576	80,687,966	2,096,513	78,591,453		2012
BRAZIL-RIO CLARO	1,300,000	-	3,772,616		1,485,574	3,587,042	5,072,616	255,004	4,817,612			2009
BRAZIL-VALINHOS	5,204,507	14,997,200	7,368,362		1,777,214	25,792,855	27,570,069	1,073,687	26,496,382			2008
CHILE-EKONO	414,730	-	782,802		477,858	719,674	1,197,532	93,789	1,103,743			2008
CHILE-VICUNA MACKENA	362,556	5,205,439	(1,083,208	)	2,083,831	2,400,956	4,484,787	218,218	4,266,569	40,336,996		2008
CHILE-VINA DEL MAR	11,096,948	720,781	57,366,844		17,095,769	52,088,804	69,184,573	848,759	68,335,814			2008
MEXICO-HERMOSILLO	11,424,531	-	32,709,395		11,933,599	32,200,327	44,133,926	1,639,074	42,494,852			2008
MEXICO-GIGANTE ACQ.	7,568,417	19,878,026	(5,696,608	)	5,866,102	15,883,733	21,749,835	3,970,928	17,778,908		2007
MEXICO-MOTOROLA	47,272,528	-	57,967,312		39,201,766	66,038,074	105,239,840	2,993,678	102,246,162			2006
MEXICO-NON ADM BT-LOS CABOS	10,873,070	1,257,517	9,050,975		9,127,801	12,053,761	21,181,563	2,078,591	19,102,972		2007
MEXICO-NON ADM-GRAN PLZ CANCUN	13,976,402	30,219,719	(9,417,640	)	15,782,094	18,996,388	34,778,481	5,092,210	29,686,271		2007
MEXICO-NON BUS ADM-MULT.CANCUN	4,471,987	-	12,789,095		4,650,512	12,610,570	17,261,082	450,635	16,810,447		2007
MEXICO-PLAZA SORIANA	2,639,975	346,945	257,302		2,384,667	859,555	3,244,222	-	3,244,222		2007
MEXICO-PLAZA CENTENARIO	3,388,861	-	3,914,208		2,698,888	4,604,181	7,303,069	566,388	6,736,681		2007
MEXICO-NON BUS.ADM -LINDAVISTA	19,352,453	-	24,362,687		16,484,680	27,230,460	43,715,140	2,761,512	40,953,628			2006
MEXICO-NONADM BUS-NUEVO LAREDO	10,627,540	-	19,967,340		8,697,111	21,897,768	30,594,879	4,266,135	26,328,744			2006
MEXICO-NON ADM-PLAZA LAGO REAL	11,336,743	-	18,051,588		9,521,305	19,867,026	29,388,331	631,171	28,757,159		2007
MEXICO-MULTIPLAZA OJO DE AGUA	4,089,067	-	11,247,962		4,244,783	11,092,246	15,337,029	1,072,271	14,264,758		2008
MEXICO-PACHUCA (WALMART)	3,621,985	-	5,711,916		3,253,476	6,080,425	9,333,901	1,838,821	7,495,080			2005
MEXICO-NON ADM -PLAZA SAN JUAN	9,631,035	-	2,494,078		6,586,692	5,538,421	12,125,113	524,000	11,601,113			2006
MEXICO-RHODESIA	3,924,464	-	9,767,648		4,517,829	9,174,283	13,692,112	894,726	12,797,386			2009
MEXICO-RIO BRAVO HEB	2,970,663	-	12,816,912		2,860,837	12,926,738	15,787,575	1,864,929	13,922,646		2008
MEXICO-SALTILLO 2	11,150,023	-	16,604,023		9,425,609	18,328,437	27,754,046	4,974,037	22,780,009			2005
MEXICO-SAN PEDRO	3,309,654	13,238,616	(3,098,054	)	3,443,840	10,006,376	13,450,216	5,825,049	7,625,167		2006
MEXICO-TAPACHULA	13,716,428	-	19,589,751		11,329,441	21,976,738	33,306,179	1,375,665	31,930,514		2007
MEXICO-TIJUANA 2000 LAND PURCHASE	1,200,000	-	62,833		1,262,833	-	1,262,833	-	1,262,833		2009
MEXICO-WALDO ACQ.	8,929,278	16,888,627	(6,134,466	)	7,135,228	12,548,212	19,683,439	2,457,726	17,225,713		2007
PERU-CAMPOY	2,675,461	-	278,383		2,784,870	168,974	2,953,844	0	2,953,844			2011
PERU-LIMA	811,916	-	2,453,532		1,051,179	2,214,269	3,265,448	140,510	3,124,938			2008
BALANCE OF PORTFOLIO	133,248,688	4,492,127	11,287,272		1,763,183	147,264,903.95	149,028,087	40,346,030	108,682,055
TOTALS	2,239,195,318	4,916,652,429	1,791,438,899		2,045,185,881	6,902,100,765	8,947,286,646	1,745,461,577	7,201,825,069	1,003,189,611

Depreciation and amortization are provided on the straight-line method over the estimated useful lives of the assets as follows:

Buildings	15 to 50 years
Fixtures, building and leasehold improvements (including certain identified intangible assets)	Terms of leases or useful lives, whichever is shorter

The aggregate cost for Federal income tax purposes was approximately $7.9 billion at December 31, 2012.

The changes in total real estate assets for the years ended December 31, 2012, 2011 and 2010, are as follows:

	2012			2011			2010
Balance, beginning of period		8,771,256,852			8,587,378,001			8,877,013,625
Acquisitions		411,166,315			406,431,259			83,833,304
Improvements		85,801,777			118,072,955			115,592,035
Transfers from  (to) unconsolidated joint ventures		212,231,319			(49,812,485	)		115,482,953
Sales		(503,767,086	)		(186,887,870	)		(603,652,663	)
Assets held for sale		(9,845,065	)		(4,503,823	)		(4,445,309	)
Adjustment of fully depreciated assets		(21,711,782	)		(27,412,282	)		(15,047,644	)
Adjustment of property carrying values		(34,121,504	)		(4,616,890	)		(17,601,053	)
Change in exchange rate		36,275,820			(67,392,013	)		36,202,753
Balance, end of period		8,947,286,646			8,771,256,852			8,587,378,001

The changes in accumulated depreciation for the years ended December 31, 2012, 2011 and 2010 are as follows:

	2012			2011			2010
Balance, beginning of period		1,693,089,989			1,549,380,256			1,343,148,498
Depreciation for year		248,426,786			237,782,626			244,903,628
Transfers (to) unconsolidated joint ventures		(8,390,550	)		(2,725,794	)		-
Sales		(161,515,292	)		(59,086,170	)		(23,610,893	)
Adjustment of fully depreciated assets		(21,711,782	)		(27,412,282	)		(15,047,644	)
Assets held for sale		(6,582,611	)		(633,676	)		(13,333	)
Change in exchange rate		2,145,037			(4,214,971	)
Balance, end of period		1,745,461,577			1,693,089,989			1,549,380,256

Reclassifications:

Certain Amounts in the Prior Period Have Been Reclassified in Order to Conform with the Current Period's Presentation.