The following tables set forth certain segment information for the Company, reclassified for discontinued operations, as of and for the three and nine months ended September 30, 2012 and 2011 and does not include unconsolidated affiliates:



Three Months Ended September 30, 2012
(dollars in thousands)	Core Portfolio			Opportunity Funds		Self- Storage Investments			Notes Receivable		Other		Amounts Eliminated in Consolidation			Total
Revenues	$	17,917		$	17,340	$	6,729		$	1,866	$	5,815	$	(5,526	)	$	44,141
Property operating expenses, other operating and real estate taxes	5,571			5,851		3,444			—		—		(680		)	14,186
General and administrative	5,436			4,948		(3		)	—		—		(3,377		)	7,004
Income before depreciation and amortization and interest and other finance expense	$	6,910		$	6,541	$	3,288		$	1,866	$	5,815	$	(1,469	)	$	22,951
Depreciation and amortization	$	4,712		$	4,732	$	1,188		$	—	$	—	$	(267	)	$	10,365
Interest and other finance expense	$	4,085		$	4,449	$	827		$	—	$	—	$	202		$	9,563
Real estate at cost	$	634,851		$	868,206	$	217,296		$	—	$	—	$	(17,035	)	$	1,703,318
Total assets	$	786,041		$	993,046	$	193,225		$	78,826	$	—	$	(151,555	)	$	1,899,583
Expenditures for redevelopment and improvements	$	(915	)	$	14,108	$	1,643		$	—	$	—	$	(727	)	$	14,109
Acquisition of real estate	$	11,492		$	14,601	$	—		$	—	$	—	$	—		$	26,093

Reconciliation to net income and net income attributable to Common Shareholders
Income before depreciation and amortization and interest and other finance expense																$	22,951
Other interest income																55
Depreciation and amortization																(10,365		)
Equity in losses of unconsolidated affiliates																(2,538		)
Interest and other finance expense																(9,563		)
Income tax benefit																(97		)
Income from discontinued operations																101
Gain on sale of property																5,917
Net income																6,655
Net loss attributable to noncontrolling interests																926
Net income attributable to Common Shareholders																$	7,581


12.	SEGMENT REPORTING (continued)



Three Months Ended September 30, 2011
(dollars in thousands)	Core Portfolio		Opportunity Funds		Self- Storage Investments		Notes Receivable		Other		Amounts Eliminated in Consolidation			Total
Revenues	$	14,277	$	13,614	$	6,141	$	1,585	$	5,537	$	(5,285	)	$	35,869
Property operating expenses, other operating and real estate taxes	4,190		4,557		3,731		—		—		(613		)	11,865
General and administrative	6,362		3,438		—		—		—		(4,042		)	5,758
Income before depreciation and amortization and interest and other finance expense	$	3,725	$	5,619	$	2,410	$	1,585	$	5,537	$	(630	)	$	18,246
Depreciation and amortization	$	3,547	$	3,745	$	1,070	$	—	$	—	$	(179	)	$	8,183
Interest and other finance expense	$	3,943	$	4,570	$	882	$	—	$	—	$	297		$	9,692
Real estate at cost	$	499,349	$	731,900	$	211,912	$	—	$	—	$	(14,994	)	$	1,428,167
Total assets	$	614,100	$	875,623	$	191,840	$	41,304	$	—	$	(116,400	)	$	1,606,467
Expenditures for redevelopment and improvements	$	4,119	$	13,547	$	1,063	$	—	$	—	$	(738	)	$	17,991
Acquisition of real estate	$	25,800	$	—	$	—	$	—	$	—	$	—		$	25,800

Reconciliation to net income and net income attributable to Common Shareholders
Income before depreciation and amortization and interest and other finance expense														$	18,246
Other interest income														105
Depreciation and amortization														(8,183		)
Equity in earnings of unconsolidated affiliates														3,110
Interest and other finance expense														(9,692		)
Income tax benefit														(488		)
Loss on debt extinguishment														(303		)
Income from discontinued operations														876
Net income														4,647
Net income attributable to noncontrolling interests														(636		)
Net income attributable to Common Shareholders														$	4,011


12.	SEGMENT REPORTING (continued)




Nine Months Ended September 30, 2012
(dollars in thousands)	Core Portfolio		Opportunity Funds		Self- Storage Investments			Notes Receivable		Other		Amounts Eliminated in Consolidation			Total
Revenues	$	50,193	$	48,183	$	19,204		$	6,077	$	17,615	$	(16,530	)	$	124,742
Property operating expenses, other operating and real estate taxes	14,573		17,990		9,939			—		—		(2,208		)	40,294
General and administrative	17,570		12,436		(38		)	—		—		(11,814		)	18,154
Income before depreciation, amortization and impairment	$	18,050	$	17,757	$	9,303		$	6,077	$	17,615	$	(2,508	)	$	66,294
Depreciation and amortization	$	12,954	$	13,673	$	3,440		—		—		$	(741	)	$	29,326
Interest and other finance expense	$	11,159	$	12,394	$	2,591		—		—		531			$	26,675
Real estate at cost	$	634,851	$	868,206	$	217,296		—		—		$	(17,035	)	$	1,703,318
Total assets	$	786,041	$	993,046	$	193,225		$	78,826	—		$	(151,555	)	$	1,899,583
Expenditures for real estate and improvements	$	13,333	$	40,806	$	3,296		—		—		$	(1,618	)	$	55,817
Acquisition of real estate	$	78,370	$	58,838	$	—		—		—		$	—		$	137,208

Reconciliation to net income and net income attributable to Common Shareholders
Income before depreciation and amortization and interest and other finance expense															$	66,294
Other interest income															131
Depreciation and amortization															(29,326		)
Equity in earnings of unconsolidated affiliates															1,997
Interest and other finance expense															(26,675		)
Income tax expense															1,137
Income from discontinued operations															783
Gain on sale of property															8,585
Net income															20,652
Net income attributable to noncontrolling interests															(2,223		)
Net income attributable to Common Shareholders															$	18,429


12.	SEGMENT REPORTING (continued)




Nine Months Ended September 30, 2011
(dollars in thousands)	Core Portfolio		Opportunity Funds		Self- Storage Investments		Notes Receivable		Other		Amounts Eliminated in Consolidation			Total
Revenues	$	42,820	$	39,674	$	17,148	$	9,506	$	16,761	$	(15,608	)	$	110,301
Property operating expenses, other operating and real estate taxes	12,659		13,880		10,431		—		—		(1,734		)	35,236
General and administrative	18,318		9,443		—		—		—		(10,612		)	17,149
Income before depreciation and amortization	$	11,843	$	16,351	$	6,717	$	9,506	$	16,761	$	(3,262	)	$	57,916
Depreciation and amortization	$	10,475	$	10,980	$	3,089	—		—		$	(584	)	$	23,960
Interest and other finance expense	$	12,294	$	11,597	$	2,835	—		—		724			$	27,450
Real estate at cost	$	499,349	$	731,900	$	211,912	—		—		$	(14,994	)	$	1,428,167
Total assets	$	614,100	$	875,623	$	191,840	$	41,304	—		$	(116,400	)	$	1,606,467
Expenditures for real estate and improvements	$	8,828	$	34,732	$	3,179	—		—		$	(1,645	)	$	45,094
Acquisition of real estate	$	59,015	$	31,600	$	—	—		—		$	—		$	90,615

Reconciliation to net income and net income attributable to Common Shareholders
Income before depreciation and amortization and interest and other finance expense														$	57,916
Other interest income														219
Depreciation and amortization														(23,960		)
Equity in earnings of unconsolidated affiliates														3,025
Interest and other finance expense														(27,450		)
Income tax benefit														(4		)
Gain on debt extinguishment														1,268
Impairment of asset														(6,925		)
Income from discontinued operations														2,745
Gain on sale of property														32,498
Net income														39,340
Net loss attributable to noncontrolling interests														4,328
Net income attributable to Common Shareholders														43,668