Segment Information (Tables)

9 Months Ended

Sep. 30, 2012

Schedule Of Segment's Contribution To Consolidated Revenues And Net Operating Income

	Three months ended September 30,								Nine months ended September 30,
	2012				2011				2012				2011
Revenues
Fully stabilized communities		$	77,167			$	72,330			$	225,616			$	210,052
Development and lease-up communities			522				-				599				-
Acquired communities			2,291				-				4,440				-
Other property segments			6,185				6,039				17,518				16,829
Other			209				243				637				686
Consolidated revenues		$	86,374			$	78,612			$	248,810			$	227,567
Contribution to Property Net Operating Income
Fully stabilized communities		$	47,185			$	43,271			$	138,453			$	125,748
Development and lease-up communities			(120	)			-				(281	)			-
Acquired communities			1,301				-				2,469				-
Other property segments, including corporate management expenses			458				480				323				692
Consolidated property net operating income			48,824				43,751				140,964				126,440
Interest income			20				374				359				982
Other revenues			209				243				637				686
Depreciation			(20,334	)			(18,823	)			(59,172	)			(56,383	)
Interest expense			(11,816	)			(14,207	)			(34,564	)			(43,119	)
Amortization of deferred financing costs			(667	)			(717	)			(2,026	)			(2,085	)
General and administrative			(3,763	)			(3,970	)			(11,931	)			(12,332	)
Investment and development			(203	)			(239	)			(1,005	)			(1,013	)
Other investment costs			(547	)			(329	)			(1,159	)			(1,278	)
Gains on condominium sales activities, net			10,261				2,581				25,695				8,757
Equity in income of unconsolidated real estate entities, net			475				235				7,416				790
Other income (expense), net			(137	)			(71	)			444				230
Net loss on extinguishment of indebtedness			-				-				(301	)			-
Net income		$	22,322			$	8,828			$	65,357			$	21,675