The following tables set forth certain segment information for the Company, as of and for the three and nine months ended September 30, 2015 and 2014, and does not include unconsolidated affiliates:

Three Months Ended September 30, 2015



(dollars in thousands)	Core Portfolio			Funds			Structured Financing Portfolio		Total
Revenues	$	37,744		$	11,783		$	7,325	$	56,852
Property operating expenses, other operating and real estate taxes	(8,885		)	(3,968		)	—		(12,853		)
General and administrative expenses	(6,963		)	(640		)	—		(7,603		)
Depreciation and amortization	(13,979		)	(3,482		)	—		(17,461		)
Operating income	7,917			3,693			7,325		18,935
Equity in earnings of unconsolidated affiliates	434			1,761			—		2,195
Gain on disposition of property of unconsolidated affiliates	—			6,938			—		6,938
Gain on disposition of properties	—			79			—		79
Interest and other finance expense	(7,203		)	(2,142		)	—		(9,345		)
Income tax provision	(461		)	(237		)	—		(698		)
Net income	$	687		$	10,092		$	7,325	$	18,104
Noncontrolling interests
Net income attributable to noncontrolling interests	$	(686	)	$	(3,642	)	$	—	$	(4,328	)
Net income attributable to Common Shareholders	$	1		$	6,450		$	7,325	$	13,776

Real Estate at Cost	$	1,574,258		$	1,071,447		$	—	$	2,645,705
Total Assets	$	1,656,002		$	1,158,731		$	153,351	$	2,968,084
Acquisition of Real Estate	$	19,600		$	—		$	—	$	19,600
Investment in Redevelopment and Improvements	$	4,486		$	49,629		$	—	$	54,115

12. SEGMENT REPORTING (continued)

Three Months Ended September 30, 2014



(dollars in thousands)	Core Portfolio			Funds			Structured Financing Portfolio		Total
Revenues	$	31,291		$	13,363		$	3,006	$	47,660
Property operating expenses, other operating and real estate taxes	(8,491		)	(3,933		)	—		(12,424		)
General and administrative expenses	(6,586		)	(537		)	—		(7,123		)
Depreciation and amortization	(9,418		)	(3,466		)	—		(12,884		)
Operating income	6,796			5,427			3,006		15,229
Equity in earnings of unconsolidated affiliates	118			2,805			—		2,923
Gain on disposition of properties of unconsolidated affiliates	—			102,855			—		102,855
Gain on disposition of property	190			—			—		190
Interest and other finance expense	(6,891		)	(3,251		)	—		(10,142		)
Income tax (provision) benefit	(71		)	88			—		17
Net income	$	142		$	107,924		$	3,006	$	111,072
Noncontrolling interests
Net income attributable to noncontrolling interests	$	(1,465	)	$	(81,043	)	$	—	$	(82,508	)
Net (loss) income attributable to Common Shareholders	$	(1,323	)	$	26,881		$	3,006	$	28,564

Real Estate at Cost	$	1,280,087		$	835,637		$	—	$	2,115,724
Total Assets	$	1,289,107		$	1,071,135		$	94,409	$	2,454,651
Acquisition of Real Estate	$	29,378		$	—		$	—	$	29,378
Investment in Redevelopment and Improvements	$	650		$	36,086		$	—	$	36,736

12. SEGMENT REPORTING (continued)

Nine Months Ended September 30, 2015



(dollars in thousands)	Core Portfolio			Funds			Structured Financing Portfolio		Total
Revenues	$	110,930		$	36,846		$	14,718	$	162,494
Property operating expenses, other operating and real estate taxes	(26,811		)	(15,399		)	—		(42,210		)
General and administrative expenses	(21,171		)	(1,969		)	—		(23,140		)
Depreciation and amortization	(34,454		)	(10,568		)	—		(45,022		)
Impairment of asset	(5,000		)	—			—		(5,000		)
Operating income	23,494			8,910			14,718		47,122
Equity in earnings of unconsolidated affiliates	1,567			10,627			—		12,194
Gain on disposition of property of unconsolidated affiliates	—			24,043			—		24,043
Loss on debt extinguishment	—			(134		)	—		(134		)
Gain on disposition of property	—			89,063			—		89,063
Interest and other finance expense	(21,000		)	(7,130		)	—		(28,130		)
Income tax provision	(866		)	(1,193		)	—		(2,059		)
Net income	$	3,195		$	124,186		$	14,718	$	142,099
Noncontrolling interests
Net loss (income) attributable to noncontrolling interests	$	401		$	(85,682	)	$	—	$	(85,281	)
Net income attributable to Common Shareholders	$	3,596		$	38,504		$	14,718	$	56,818

Real Estate at Cost	$	1,574,258		$	1,071,447		$	—	$	2,645,705
Total Assets	$	1,656,002		$	1,158,731		$	153,351	$	2,968,084
Acquisition of Real Estate	$	188,835		$	103,836		$	—	$	292,671
Investment in Redevelopment and Improvements	$	14,110		$	145,250		$	—	$	159,360

12. SEGMENT REPORTING (continued)

Nine Months Ended September 30, 2014



(dollars in thousands)	Core Portfolio			Funds			Structured Financing Portfolio		Total
Revenues	$	91,974		$	39,938		$	11,944	$	143,856
Property operating expenses, other operating and real estate taxes	(23,984		)	(14,135		)	—		(38,119		)
General and administrative expenses	(19,237		)	(1,661		)	—		(20,898		)
Depreciation and amortization	(26,051		)	(10,004		)	—		(36,055		)
Operating income	22,702			14,138			11,944		48,784
Equity in earnings of unconsolidated affiliates	441			6,941			—		7,382
Gain on disposition of properties of unconsolidated affiliates	—			102,855			—		102,855
Loss on debt extinguishment	—			(269		)	—		(269		)
Gain on disposition of property	12,577			561			—		13,138
Interest and other finance expense	(20,718		)	(9,609		)	—		(30,327		)
Income tax (provision) benefit	(84		)	16			—		(68		)
Income from continuing operations	14,918			114,633			11,944		141,495
Discontinued operations
Gain on disposition of property	—			560			—		560
Net income	14,918			115,193			11,944		142,055
Noncontrolling interests
Continuing operations	(2,918		)	(77,053		)	—		(79,971		)
Discontinued operations	—			(461		)	—		(461		)
Net income attributable to noncontrolling interests	(2,918		)	(77,514		)	—		(80,432		)
Net income attributable to Common Shareholders	$	12,000		$	37,679		$	11,944	$	61,623

Real Estate at Cost	$	1,280,087		$	835,637		$	—	$	2,115,724
Total Assets	$	1,289,107		$	1,071,135		$	94,409	$	2,454,651
Acquisition of Real Estate	$	136,978		$	—		$	—	$	136,978
Investment in Redevelopment and Improvements	$	3,711		$	101,338		$	—	$	105,049