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, 2013 and 2012 and does not include unconsolidated affiliates:



	Three Months Ended September 30, 2013
(dollars in thousands)	Core Portfolio		Opportunity Funds		Notes Receivable		Total
Revenues	$	28,115	$	9,234	$	2,969	$	40,318
Property and other operating expenses and real estate taxes	7,723		4,009		—		11,732
General and administrative	4,954		381		—		5,335
Income before depreciation and amortization and interest and other finance expense	$	15,438	$	4,844	$	2,969	$	23,251
Depreciation and amortization	$	7,890	$	2,560	$	—	$	10,450
Interest and other finance expense	$	6,683	$	3,834	$	—	$	10,517
Real estate at cost	$	998,711	$	684,713	$	—	$	1,683,424
Total assets	$	993,472	$	1,260,544	$	95,352	$	2,349,368
Expenditures for redevelopment and improvements	$	5,246	$	30,736	$	—	$	35,982
Acquisition of real estate	$	11,800	$	19,175	$	—	$	30,975

Reconciliation to net income and net income attributable to Common Shareholders
Net property income before depreciation and amortization and interest and other finance expense							$	23,251
Depreciation and amortization							(10,450		)
Equity in earnings of unconsolidated affiliates							4,209
Interest and other finance expense							(10,517		)
Income tax provision							(186		)
Income from discontinued operations							2,835
Net income							9,142
Net loss attributable to noncontrolling interests							343
Net income attributable to Common Shareholders							$	9,485


12.	SEGMENT REPORTING (continued)



	Three Months Ended September 30, 2012
(dollars in thousands)	Core Portfolio			Opportunity Funds		Notes Receivable		Total
Revenues	$	17,794		$	9,116	$	1,921	$	28,831
Property and other operating expenses and real estate taxes	5,687			3,153		—		8,840
General and administrative	4,948			569		—		5,517
Income before depreciation and amortization and interest and other finance expense	$	7,159		$	5,394	$	1,921	$	14,474
Depreciation and amortization	$	4,379		$	2,997	$	—	$	7,376
Interest and other finance expense	$	4,184		$	1,901	$	—	$	6,085
Real estate at cost	$	608,971		$	554,552	$	—	$	1,163,523
Total assets	$	605,694		$	1,183,430	$	80,766	$	1,869,890
Expenditures for redevelopment and improvements	$	(915	)	$	15,024	$	—	$	14,109
Acquisition of real estate	$	11,492		$	14,601	$	—	$	26,093

Reconciliation to net income and net income attributable to Common Shareholders
Net property income before depreciation and amortization and interest and other finance expense								$	14,474
Depreciation and amortization								(7,376		)
Equity in losses of unconsolidated affiliates								(2,538		)
Interest and other finance expense								(6,085		)
Income tax benefit								104
Income from discontinued operations								2,159
Gain on sale of properties								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)



	Nine Months Ended September 30, 2013
(dollars in thousands)	Core Portfolio		Opportunity Funds		Notes Receivable		Total
Revenues	$	82,252	$	30,374	$	9,265	$	121,891
Property and other operating expenses and real estate taxes	21,098		10,771		—		31,869
General and administrative	16,042		1,219		—		17,261
Income before depreciation and amortization and interest and other finance expense	$	45,112	$	18,384	$	9,265	$	72,761
Depreciation and amortization	$	21,187	$	8,091	$	—	$	29,278
Interest and other finance expense	$	19,169	$	10,393	$	—	$	29,562
Real estate at cost	$	998,711	$	684,713	$	—	$	1,683,424
Total assets	$	993,472	$	1,260,544	$	95,352	$	2,349,368
Expenditures for redevelopment and improvements	$	8,957	$	70,592	$	—	$	79,549
Acquisition of real estate	$	120,900	$	19,175	$	—	$	140,075

Reconciliation to net income and net income attributable to Common Shareholders
Net property income before depreciation and amortization and interest and other finance expense							$	72,761
Depreciation and amortization							(29,278		)
Equity in earnings of unconsolidated affiliates							7,274
Interest and other finance expense							(29,562		)
Income tax provision							(53		)
Impairment of asset							(1,500		)
Income from discontinued operations							6,100
Gain on sale of properties							4,191
Net income							29,933
Net income attributable to noncontrolling interests							(2,068		)
Net income attributable to Common Shareholders							$	27,865


12.	SEGMENT REPORTING (continued)



	Nine Months Ended September 30, 2012
(dollars in thousands)	Core Portfolio		Opportunity Funds		Notes Receivable		Total
Revenues	$	50,166	$	24,740	$	6,127	$	81,033
Property and other operating expenses and real estate taxes	14,960		10,054		—		25,014
General and administrative	15,200		1,436		—		16,636
Income before depreciation and amortization and interest and other finance expense	$	20,006	$	13,250	$	6,127	$	39,383
Depreciation and amortization	$	12,016	$	8,655	$	—	$	20,671
Interest and other finance expense	$	11,352	$	5,195	$	—	$	16,547
Real estate at cost	$	608,971	$	554,552	$	—	$	1,163,523
Total assets	$	605,694	$	1,183,430	$	80,766	$	1,869,890
Expenditures for redevelopment and improvements	$	13,333	$	42,484	$	—	$	55,817
Acquisition of real estate	$	78,370	$	58,838	$	—	$	137,208

Reconciliation to net income and net income attributable to Common Shareholders
Net property income before depreciation and amortization and interest and other finance expense							$	39,383
Depreciation and amortization							(20,671		)
Equity in earnings of unconsolidated affiliates							1,997
Interest and other finance expense							(16,547		)
Income tax provision							(1,125		)
Income from discontinued operations							9,030
Gain on sale of properties							8,585
Net income							20,652
Net income attributable to noncontrolling interests							(2,223		)
Net income attributable to Common Shareholders							$	18,429