EXHIBIT 99.2

THIRD QUARTER 2013

Supplemental Operating and Financial Data

Camden Vantage - Atlanta, GA

Year Built - 2010

592 Apartment Homes

Acquired September 18, 2013

Camden Property Trust

Eleven Greenway Plaza, Suite 2400

Houston, Texas 77046

Phone: 713-354-2500  Fax: 713-354-2700

www.camdenliving.com

CAMDEN	TABLE OF CONTENTS
	Page
Press Release Text	3
Financial Highlights	6
Operating Results	7
Funds from Operations	8
Balance Sheets	9
Portfolio Statistics	10
Components of Property Net Operating Income	11
"Same Property" Third Quarter Comparisons	12
"Same Property" Sequential Quarter Comparisons	13
"Same Property" Year to Date Comparisons	14
"Same Property" Operating Expense Detail & Comparisons	15
Joint Venture Operations	16
Current Development Communities	17
Development Pipeline & Land	18
Acquisitions and Dispositions	19
Debt Analysis	20
Debt Maturity Analysis	21
Debt Covenant Analysis	22
Unconsolidated Real Estate Investments Debt Analysis	23
Unconsolidated Real Estate Investments Debt Maturity Analysis	24
Capitalized Expenditures & Maintenance Expense	25
Non-GAAP Financial Measures - Definitions & Reconciliations	26
Other Data	28
Community Table	29

In addition to historical information, this document contains forward-looking statements under the federal securities law.  These statements are based on current expectations, estimates and projections about the industry and markets in which Camden operates, management's beliefs, and assumptions made by management.  Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict.  Factors which may cause the Company’s actual results or performance to differ materially from those contemplated by forward-looking statements are described under the heading “Risk Factors” in Camden’s Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission (SEC). Forward-looking statements made in this document represent management’s opinions at the time of this publication, and the Company assumes no obligation to update or supplement these statements because of subsequent events.

CAMDEN PROPERTY TRUST ANNOUNCES

THIRD QUARTER 2013 OPERATING RESULTS

Houston, TEXAS (October 31, 2013) – Camden Property Trust (NYSE: CPT) today announced operating results for the three and nine months ended September 30, 2013.

Funds From Operations (“FFO”)

FFO for the third quarter of 2013 totaled $1.04 per diluted share or $93.3 million, as compared to $0.93 per diluted share or $82.1 million for the same period in 2012.  FFO for the three months ended September 30, 2013 included: a $1.2 million or $0.01 per diluted share impact from additional promoted equity interest related to the sale of 14 joint venture properties during the second quarter of 2013.

FFO for the nine months ended September 30, 2013 totaled $3.03 per diluted share or $271.4 million, as compared to $2.65 per diluted share or $227.4 million for the same period in 2012.  FFO for the nine months ended September 30, 2013 included: a $5.0 million or $0.06 per diluted share impact from a promoted equity interest recognized in conjunction with the sale of joint venture properties; a $1.0 million or $0.01 per diluted share impact from non-recurring fee income; a $0.6 million or $0.01 per diluted share charge related to executive separation costs; and a $0.7 million or $0.01 per diluted share gain on sale of undeveloped land.   FFO for the nine months ended September 30, 2012 included a $2.1 million or $0.02 per diluted share charge related to the redemption of perpetual preferred operating partnership units.

Net Income Attributable to Common Shareholders (“EPS”)

The Company reported EPS of $70.7 million or $0.80 per diluted share for the third quarter of 2013, as compared to $30.7 million or $0.35 per diluted share for the same period in 2012.  EPS for the three months ended September 30, 2013 included a $34.4 million or $0.39 per diluted share gain on sale of discontinued operations, and a $1.2 million or $0.01 per diluted share impact from additional promoted equity interest related to the sale of 14 joint venture properties during the second quarter of 2013. EPS for the three months ended September 30, 2012 included a $2.9 million or $0.03 per diluted share impact related to the gain on sale of an unconsolidated joint venture property.

For the nine months ended September 30, 2013, the Company reported EPS of $206.4 million or $2.34 per diluted share, as compared to $141.2 million or $1.67 per diluted share for the same period in 2012.  EPS for the nine months ended September 30, 2013 included: a $91.1 million or $1.03 per diluted share gain on sale of discontinued operations; a $13.0 million or $0.15 per diluted share gain on sale of unconsolidated joint venture properties; a $5.0 million or $0.06 per diluted share impact from a promoted equity interest recognized in conjunction with the sale of joint venture properties; a $1.0 million or $0.01 per diluted share impact from non-recurring fee income; a $0.6 million or $0.01 per diluted share charge related to executive separation costs; and a $0.7 million or $0.01 per diluted share gain on sale of undeveloped land.  EPS for the nine months ended September 30, 2012 included: a $40.2 million or $0.47 per diluted share impact related to the gain on acquisition of the controlling interest in twelve joint ventures; a $32.5 million or $0.38 per diluted share impact related to the gain on sale of discontinued operations; a $2.9 million or $0.03 per diluted share impact related to the gain on sale of an unconsolidated joint venture property; and, a $2.1 million or $0.02 per diluted share charge related to the redemption of perpetual preferred operating partnership units.

A reconciliation of net income attributable to common shareholders to FFO is included in the financial tables accompanying this press release.

3

Same Property Results

For the 42,005 apartment homes included in consolidated same property results, third quarter 2013 same property NOI increased 5.6% compared to the third quarter of 2012, with revenues increasing 4.3% and expenses increasing 2.1%.  On a sequential basis, third quarter 2013 same property NOI increased 2.2% compared to the second quarter of 2013, with revenues increasing 1.7% and expenses increasing 0.7% compared to the prior quarter.  On a year-to-date basis, 2013 same property NOI increased 6.2%, with revenues increasing 5.2% and expenses increasing 3.5% compared to the same period in 2012. Same property physical occupancy levels for the portfolio averaged 95.4% during the third quarter of 2013, compared to 95.6% in the third quarter of 2012 and 95.4% in the second quarter of 2013.

The Company defines same property communities as communities owned and stabilized since January 1, 2012, excluding properties held for sale.  A reconciliation of net income attributable to common shareholders to net operating income and same property net operating income is included in the financial tables accompanying this press release.

Acquisition Activity

The Company completed two acquisitions during the quarter for a total of $116.5 million: Camden Sotelo, a 170-home apartment community in Tempe, AZ, and Camden Vantage, a 592-home apartment community in Atlanta, GA.

Disposition Activity

The Company completed two dispositions during the quarter for a total of $54.9 million: Camden Pinnacle, a 224-home apartment community, and Camden Centennial, a 276-home apartment community, both located in Denver, CO.  Subsequent to quarter-end, the Company disposed of two additional communities which had been held for sale for $34.6 million: Camden Gardens, a 256-home apartment community, and Camden Springs, a 304-home apartment community, both located in Dallas, TX.

Development Activity

Lease-up was completed during the quarter at Camden City Centre II, a 268-home project in Houston, TX, which is currently 96% occupied.  In addition, both construction and lease-up were completed at Camden Miramar Phase IX in Corpus Christi, TX, a 75-unit expansion of an existing community.

Construction began during the quarter at three communities:  Camden Foothills in Scottsdale, AZ, a $50 million project with 220 apartment homes; Camden Hayden in Tempe, AZ, a $48 million project with 234 apartment homes; and Camden Gallery in Charlotte, NC, a $58 million project with 323 apartment homes.

Construction continued at seven additional wholly-owned development communities: Camden NOMA in Washington, DC, a $110 million project with 320 apartment homes; Camden Lamar Heights in Austin, TX, a $47 million project with 314 apartment homes; Camden Flatirons in Denver, CO, a $78 million project with 424 apartment homes; Camden Glendale in Glendale, CA, a $115 million project with 303 apartment homes; Camden Boca Raton in Boca Raton, FL, a $54 million project with 261 apartment homes; Camden Paces in Atlanta, GA, a $110 million project with 379 apartment homes; and Camden La Frontera in Round Rock, TX, a $36 million project with 300 apartment homes.

The Company also completed construction during the quarter at Camden South Capitol in Washington, DC, an $88 million joint venture project with 276 apartment homes which is currently 54% leased.  Construction continued at two other joint venture development communities: Camden Waterford Lakes in Orlando, FL, a $40 million project with 300 apartment homes which is currently 16% leased; and Camden Southline in Charlotte, NC, a $48 million project with 266 apartment homes.

Earnings Guidance

Camden updated its earnings guidance for 2013 based on its current and expected views of the apartment market and general economic conditions.  Full-year 2013 FFO is expected to be $4.05 to $4.09 per diluted share, and full-year 2013 EPS is expected to be $2.75 to $2.79 per diluted share.  Fourth quarter 2013 earnings guidance is $1.02 to $1.06 per diluted share for FFO and $0.41 to $0.45 per diluted share for EPS.  Guidance for EPS excludes potential future gains on real estate transactions.  Camden intends to update its earnings guidance to the market on a quarterly basis.

4

The Company’s 2013 earnings guidance is based on projections of same property revenue growth between 5.0% and 6.0% , expense growth between 3.25% and 4.25%, and NOI growth between 6.0% and 7.0%.  Additional information on the Company’s 2013 financial outlook and a reconciliation of expected net income attributable to common shareholders to expected FFO are included in the financial tables accompanying this press release.

Conference Call

The Company will hold a conference call on Friday, November 1, 2013 at 11:00 a.m. Central Time to review its third quarter 2013 results and discuss its outlook for future performance.  To participate in the call, please dial (888) 317-6003 (Domestic) or (412) 317-6061 (International) by 10:50 a.m. Central Time and enter passcode: 7044032, or join the live webcast of the conference call by accessing the Investor Relations section of the Company’s website at camdenliving.com.  Supplemental financial information is available in the Investor Relations section of the Company’s website under Earnings Releases or by calling Camden’s Investor Relations Department at (800) 922-6336.

Forward-Looking Statements

In addition to historical information, this press release contains forward-looking statements under the federal securities law.  These statements are based on current expectations, estimates and projections about the industry and markets in which Camden operates, management's beliefs, and assumptions made by management.  Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict.  Factors which may cause the Company’s actual results or performance to differ materially from those contemplated by forward-looking statements are described under the heading “Risk Factors” in Camden’s Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission (SEC). Forward-looking statements made in today’s press release represent management’s current opinions, and the Company assumes no obligation to update or supplement these statements because of subsequent events.

About Camden

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 178 properties containing 62,074 apartment homes across the United States.  Upon completion of 12 properties under development, the Company's portfolio will increase to 65,718 apartment homes in 190 properties. Camden was recently named by FORTUNE® Magazine for the sixth consecutive year as one of the “100 Best Companies to Work For” in America, ranking #10.

For additional information, please contact Camden’s Investor Relations Department at (800) 922-6336 or (713) 354-2787 or access our website at www.camdenliving.com.

5

CAMDEN								FINANCIAL HIGHLIGHTS
(In thousands, except per share, property data amounts and ratios)
(Unaudited)
	Three Months Ended September 30,								Nine Months Ended September 30,
	2013				2012				2013				2012
Total property revenues (a)		$201,956				$181,763				$591,036				$520,685
EBITDA		117,124				108,032				340,573				309,267
Net income attributable to common shareholders		70,720				30,703				206,368				141,224
Per share - basic		0.80				0.36				2.35				1.69
Per share - diluted		0.80				0.35				2.34				1.67
Income from continuing operations attributable to common shareholders		34,662				26,814				111,791				98,391
Per share - basic		0.39				0.31				1.26				1.17
Per share - diluted		0.39				0.31				1.25				1.16
Funds from operations		93,330				82,113				271,407				227,409
Per share - diluted		1.04				0.93				3.03				2.65
Dividends per share		0.63				0.56				1.89				1.68
Dividend payout ratio		60.6	%			60.2	%			62.4	%			63.4	%
Interest expensed		24,275				25,865				73,967				78,795
Interest capitalized		4,157				3,095				10,829				9,386
Total interest incurred		28,432				28,960				84,796				88,181
Principal amortization		1,051				898				3,190				3,309
Preferred distributions		-				-				-				776
Net Debt to Annualized EBITDA (b)		5.6		x		5.5		x		5.7		x		5.8		x
Interest expense coverage ratio		4.8		x		4.2		x		4.6		x		3.9		x
Total interest coverage ratio		4.1		x		3.7		x		4.0		x		3.5		x
Fixed charge expense coverage ratio		4.6		x		4.0		x		4.4		x		3.7		x
Total fixed charge coverage ratio		4.0		x		3.6		x		3.9		x		3.4		x
Unencumbered real estate assets (at cost) to unsecured debt ratio		3.2		x		3.6		x		3.2		x		3.6		x
Same property NOI increase (c)		5.6	%			10.7	%			6.2	%			9.6	%
(# of apartment homes included)		42,005				47,251				42,005				47,251
Gross turnover of apartment homes (annualized)		80	%			80	%			68	%			67	%
Net turnover (excludes on-site transfers and transfers to other Camden communities)		70	%			71	%			59	%			59	%
									As of September 30,
										2013				2012
Total assets										$5,691,211				$5,217,960
Total debt										$2,665,037				$2,393,725
Common and common equivalent shares, outstanding end of period (d)										89,779				88,989
Share price, end of period										$61.44				$64.49
Book equity value, end of period (e)										$2,725,082				$2,533,108
Market equity value, end of period (f)										$5,516,022				$5,738,901

(a)	Excludes discontinued operations.
(b)	Net Debt is Notes Payable as reported at period end less Cash as reported at period end. Annualized EBITDA is EBITDA as reported
	for the period multiplied by either 4 for quarter results or 1.33 for 9 month results.
(c)	"Same Property" Communities are communities which were owned by the Company and stabilized since January 1, 2012, excluding properties held for sale.
(d)	Includes at September 30, 2013: 87,879 common shares (including 429 common share equivalents related to share awards & options), plus common share
	equivalents upon the assumed conversion of minority interest units (1,900).
(e)	Includes: common shares, common units, common share equivalents, and non-qualified deferred compensation share awards.
(f)	Includes: common shares, common units, and common share equivalents.
Note: Please refer to pages 26 and 27 for definitions and reconciliations of all non-GAAP financial measures presented in this document.

6

CAMDEN	OPERATING RESULTS
	(In thousands, except per share and property data amounts)

(Unaudited)	Three Months Ended						Nine Months Ended
	September 30,						September 30,
OPERATING DATA	2013			2012			2013			2012
Property revenues
Rental revenues		$174,303			$155,984			$510,772			$447,728
Other property revenues		27,653			25,779			80,264			72,957
Total property revenues		201,956			181,763			591,036			520,685
Property expenses
Property operating and maintenance		52,109			49,531			151,711			140,662
Real estate taxes		21,618			17,932			64,919			53,085
Total property expenses		73,727			67,463			216,630			193,747
Non-property income
Fee and asset management		3,096			3,041			8,817			9,572
Interest and other income (loss)		86			3			1,176			(750	)
Income (loss) on deferred compensation plans		2,315			(1,781	)		5,212			3,820
Total non-property income		5,497			1,263			15,205			12,642
Other expenses
Property management		5,353			5,509			16,578			15,644
Fee and asset management		1,505			1,864			4,468			5,051
General and administrative		9,993			9,303			31,377			27,712
Interest		24,275			25,865			73,967			78,759
Depreciation and amortization		54,880			49,409			160,272			145,709
Amortization of deferred financing costs		875			909			2,689			2,721
Expense (benefit) on deferred compensation plans		2,315			(1,781	)		5,212			3,820
Total other expenses		99,196			91,078			294,563			279,416
Gain on sale of land		-			-			698			-
Gain on acquisition of controlling interest in joint ventures		-			-			-			40,191
Equity in income of joint ventures		1,926			3,688			20,658			4,686
Income from continuing operations before income taxes		36,456			28,173			116,404			105,041
Income tax expense - current		(720	)		(334	)		(1,587	)		(992	)
Income from continuing operations		35,736			27,839			114,817			104,049
Income from discontinued operations		1,656			3,964			5,296			11,164
Gain on sale of discontinued operations, net of tax		34,410			-			91,059			32,541
Net income		71,802			31,803			211,172			147,754
Less income allocated to non-controlling interests from continuing operations		(1,074	)		(1,025	)		(3,026	)		(2,807	)
Less income, including gain on sale, allocated to non-controlling interests from discontinued operations		(8	)		(75	)		(1,778	)		(872	)
Less income allocated to perpetual preferred units		-			-			-			(776	)
Less write off of original issuance costs of redeemed perpetual preferred units		-			-			-			(2,075	)
Net income attributable to common shareholders		$70,720			$30,703			$206,368			$141,224
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income		$71,802			$31,803			$211,172			$147,754
Other comprehensive income
Reclassification of prior service cost and net loss on post retirement obligations		14			7			41			23
Comprehensive income		71,816			31,810			211,213			147,777
Less income allocated to non-controlling interests from continuing operations		(1,074	)		(1,025	)		(3,026	)		(2,807	)
Less income, including gain on sale, allocated to non-controlling interests from discontinued operations		(8	)		(75	)		(1,778	)		(872	)
Less income allocated to perpetual preferred units		-			-			-			(776	)
Less write off of original issuance costs of redeemed perpetual preferred units		-			-			-			(2,075	)
Comprehensive income attributable to common shareholders		$70,734			$30,710			$206,409			$141,247
PER SHARE DATA
Net income attributable to common shareholders - basic		$0.80			$0.36			$2.35			$1.69
Net income attributable to common shareholders - diluted		0.80			0.35			2.34			1.67
Income from continuing operations attributable to common shareholders - basic		0.39			0.31			1.26			1.17
Income from continuing operations attributable to common shareholders - diluted		0.39			0.31			1.25			1.16
Weighted average number of common and
common equivalent shares outstanding:
Basic		87,449			85,631			87,117			82,923
Diluted		87,902			86,293			88,429			84,694

Note:  Please refer to pages 26 and 27 for definitions and reconciliations of all non-GAAP financial measures presented in this document.

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CAMDEN	FUNDS FROM OPERATIONS
	(In thousands, except per share and property data amounts)
(Unaudited)		Three Months Ended						Nine Months Ended
		September 30,						September 30,
FUNDS FROM OPERATIONS		2013			2012			2013			2012
Net income attributable to common shareholders			$70,720			$30,703			$206,368			$141,224
Real estate depreciation from continuing operations			53,635			48,298			156,709			142,376
Real estate depreciation and amortization from discontinued operations			908			3,400			3,301			10,714
Adjustments for unconsolidated joint ventures			1,395			1,885			4,316			6,198
Income allocated to noncontrolling interests			1,082			702			4,804			2,504
(Gain) on sale of unconsolidated joint venture properties			-			(2,875	)		(13,032	)		(2,875	)
(Gain) on acquisition of controlling interests in joint ventures			-			-			-			(40,191	)
(Gain) on sale of discontinued operations, net of tax			(34,410	)		-			(91,059	)		(32,541	)
Funds from operations - diluted			$93,330			$82,113			$271,407			$227,409
PER SHARE DATA
Funds from operations - diluted			$1.04			$0.93			$3.03			$2.65
Cash distributions			0.63			0.56			1.89			1.68
Weighted average number of common and
common equivalent shares outstanding:
FFO - diluted			89,802			88,514			89,515			85,822
PROPERTY DATA
Total operating properties (end of period) (a)			180			203			180			203
Total operating apartment homes in operating properties (end of period) (a)			62,634			68,831			62,634			68,831
Total operating apartment homes (weighted average)			54,517			54,934			54,338			53,870
Total operating apartment homes - excluding discontinued operations (weighted average)			52,743			49,678			52,324			48,483
(a) Includes joint ventures and properties held for sale.

Note:  Please refer to pages 26 and 27 for definitions and reconciliations of all non-GAAP financial measures presented in this document.

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CAMDEN							BALANCE SHEETS
							(In thousands)
(Unaudited)	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sept 30,
	2013			2013			2013			2012			2012
ASSETS
Real estate assets, at cost
Land		$967,121			$965,257			$949,244			$949,777			$929,289
Buildings and improvements		5,596,754			5,552,095			5,404,616			5,389,674			5,359,707
		6,563,875			6,517,352			6,353,860			6,339,451			6,288,996
Accumulated depreciation		(1,619,325	)		(1,604,402	)		(1,552,499	)		(1,518,896	)		(1,542,530	)
Net operating real estate assets		4,944,550			4,912,950			4,801,361			4,820,555			4,746,466
Properties under development, including land		438,968			393,694			339,848			334,463			280,948
Investments in joint ventures		43,338			44,630			45,260			45,092			46,566
Properties held for sale		58,765			-			14,986			30,517			6,373
Total real estate assets		5,485,621			5,351,274			5,201,455			5,230,627			5,080,353
Accounts receivable - affiliates		27,474			27,274			26,948			33,625			28,874
Other assets, net (a)		112,520			94,847			89,233			88,260			96,401
Cash and cash equivalents		4,707			6,506			59,642			26,669			5,590
Restricted cash		60,889			6,381			5,578			5,991			6,742
Total assets		$5,691,211			$5,486,282			$5,382,856			$5,385,172			$5,217,960
LIABILITIES AND EQUITY
Liabilities
Notes payable
Unsecured		$1,721,998			$1,579,733			$1,538,471			$1,538,212			$1,415,354
Secured		943,039			944,090			945,134			972,256			978,371
Accounts payable and accrued expenses		124,336			100,279			102,307			101,896			118,879
Accrued real estate taxes		50,247			36,863			20,683			28,452			43,757
Distributions payable		56,793			56,821			56,559			49,969			49,940
Other liabilities (b)		69,716			63,366			69,679			67,679			78,551
Total liabilities		2,966,129			2,781,152			2,732,833			2,758,464			2,684,852
Commitments and contingencies
Non-Qualified deferred compensation share awards		47,092			-			-			-			-
Equity
Common shares of beneficial interest		967			967			962			962			959
Additional paid-in capital		3,595,536			3,625,283			3,590,261			3,587,505			3,580,528
Distributions in excess of net income attributable to common shareholders		(571,935	)		(574,286	)		(590,831	)		(598,951	)		(692,235	)
Treasury shares, at cost		(410,309	)		(410,665	)		(412,643	)		(425,355	)		(425,756	)
Accumulated other comprehensive loss (c)		(1,021	)		(1,035	)		(1,048	)		(1,062	)		(660	)
Total common equity		2,613,238			2,640,264			2,586,701			2,563,099			2,462,836
Noncontrolling interests		64,752			64,866			63,322			63,609			70,272
Total equity		2,677,990			2,705,130			2,650,023			2,626,708			2,533,108
Total liabilities and equity		$5,691,211			$5,486,282			$5,382,856			$5,385,172			$5,217,960
(a) Includes:
net deferred charges of:		$13,243			$14,008			$14,861			$15,635			$13,695
(b) Includes:
deferred revenues of:		$1,979			$1,336			$2,158			$2,521			$1,746
distributions in excess of investments in joint ventures of:		$-			$-			$9,718			$9,509			$16,708
fair value adjustment of derivative instruments:		$-			$-			($2	)		($1	)		$185
(c) Represents the unrealized loss and unamortized prior service costs on post retirement obligations.

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CAMDEN	PORTFOLIO STATISTICS
(Unaudited)
COMMUNITY PORTFOLIO AT SEPTEMBER 30, 2013 (in apartment homes)
	Fully Consolidated										Non-Consolidated
	"Same Property"		Non-"Same Property"		Under Construction		Held For Sale		Total		Operating		Under Construction		Total		Grand Total
D.C. Metro (a)		4,947		860		320		-		6,127		276		-		276		6,403
Houston, TX		3,353		2,559		-		-		5,912		3,152		-		3,152		9,064
Tampa, FL		4,733		540		-		-		5,273		450		-		450		5,723
Dallas, TX		3,378		1,039		-		560		4,977		1,250		-		1,250		6,227
Las Vegas, NV		3,969		949		-		-		4,918		-		-		-		4,918
Los Angeles/Orange County, CA		2,060		421		303		-		2,784		-		-		-		2,784
SE Florida		2,520		-		261		-		2,781		-		-		-		2,781
Orlando, FL		2,818		858		-		-		3,676		-		300		300		3,976
Charlotte, NC		3,134		-		323		-		3,457		-		266		266		3,723
Atlanta, GA		2,894		815		379		-		4,088		234		-		234		4,322
Denver, CO		1,351		590		424		-		2,365		-		-		-		2,365
Raleigh, NC		2,266		438		-		-		2,704		350		-		350		3,054
Phoenix, AZ		1,084		1,011		454		720		3,269		-		-		-		3,269
San Diego/Inland Empire, CA		1,196		469		-		-		1,665		-		-		-		1,665
Austin, TX		1,670		-		614		-		2,284		1,360		-		1,360		3,644
Other		632		930		-		-		1,562		798		-		798		2,360
Total Portfolio		42,005		11,479		3,078		1,280		57,842		7,870		566		8,436		66,278

(a)  D.C. Metro includes Washington D.C., Maryland, and Northern Virginia.

THIRD QUARTER NOI CONTRIBUTION PERCENTAGE BY REGION										WEIGHTED AVERAGE OCCUPANCY FOR THE QUARTER ENDED (d)
	"Same Property"			Operating			Incl. JVs at			Sep 30			Jun 30			Mar 31			Dec 31			Sept 30
	Communities			Communities (b)			Pro Rata % (c)				2013			2013			2013			2012			2012
D.C. Metro		18.1	%		16.8	%		16.4	%		95.5	%		95.5	%		95.5	%		95.7	%		96.2	%
Houston, TX		9.1	%		12.3	%		12.9	%		96.1	%		96.5	%		96.0	%		95.4	%		96.1	%
Tampa, FL		8.0	%		7.4	%		7.4	%		95.1	%		95.5	%		95.0	%		94.7	%		95.2	%
Dallas, TX		6.2	%		7.0	%		7.3	%		95.4	%		95.4	%		94.9	%		94.6	%		95.3	%
Las Vegas, NV		6.2	%		6.3	%		6.2	%		95.1	%		94.2	%		92.4	%		92.4	%		92.9	%
Los Angeles/Orange County, CA		7.3	%		6.7	%		6.6	%		95.5	%		95.6	%		95.7	%		96.2	%		95.4	%
SE Florida		8.2	%		6.6	%		6.5	%		95.5	%		95.1	%		94.9	%		95.3	%		95.4	%
Orlando, FL		5.4	%		5.7	%		5.6	%		95.6	%		95.8	%		95.3	%		95.3	%		95.4	%
Charlotte, NC		7.2	%		5.8	%		5.7	%		96.6	%		96.4	%		96.1	%		95.6	%		96.5	%
Atlanta, GA		5.9	%		5.1	%		5.0	%		95.2	%		95.3	%		95.2	%		95.5	%		95.6	%
Denver, CO		3.7	%		4.1	%		4.0	%		95.4	%		94.7	%		94.8	%		95.2	%		95.6	%
Raleigh, NC		4.5	%		4.2	%		4.2	%		96.2	%		95.0	%		94.7	%		94.6	%		95.7	%
Phoenix, AZ		2.2	%		3.9	%		3.8	%		92.6	%		92.3	%		93.0	%		92.5	%		93.5	%
San Diego/Inland Empire, CA		3.7	%		3.8	%		3.7	%		94.2	%		94.3	%		93.2	%		93.3	%		94.9	%
Austin, TX		3.0	%		2.4	%		2.6	%		95.8	%		94.7	%		95.0	%		95.0	%		95.6	%
Other		1.3	%		1.9	%		2.1	%		95.9	%		96.7	%		95.3	%		94.4	%		95.0	%
Total Portfolio		100.0	%		100.0	%		100.0	%		95.4	%		95.3	%		94.8	%		94.7	%		95.2	%

(b)	Operating communities represent all fully-consolidated communities at period end, excluding communities under construction.
(c)	Based on total NOI from operating communities plus Camden's pro-rata share of total NOI from joint venture communities.
(d)	Occupancy figures include all stabilized operating communities including those held through non-consolidated joint venture investments.

10

CAMDEN						COMPONENTS OF
						PROPERTY NET OPERATING INCOME
						(In thousands, except property data amounts)
(Unaudited)
	Apartment		Three Months Ended September 30,									Nine Months Ended September 30,
Property Revenues	Homes		2013			2012			Change			2013			2012			Change
"Same Property" Communities (a)		42,005		$160,058			$153,442			$6,616			$472,271			$449,044			$23,227
Non-"Same Property" Communities (b)		11,479		40,513			26,998			13,515			114,082			66,835			47,247
Development and Lease-Up Communities (c)		3,078		-			-			-			-			-			-
Other (d)		-		1,385			1,323			62			4,683			4,806			(123	)
Total Property Revenues		56,562		$201,956			$181,763			$20,193			$591,036			$520,685			$70,351
Property Expenses
"Same Property" Communities (a)		42,005		$57,798			$56,593			$1,205			$171,838			$166,085			$5,753
Non-"Same Property" Communities (b)		11,479		15,302			10,237			5,065			42,253			25,234			17,019
Development and Lease-Up Communities (c)		3,078		-			-			-			-			-			-
Other (d)		-		627			633			(6	)		2,539			2,428			111
Total Property Expenses		56,562		$73,727			$67,463			$6,264			$216,630			$193,747			$22,883
Property Net Operating Income
"Same Property" Communities (a)		42,005		$102,260			$96,849			$5,411			$300,433			$282,959			$17,474
Non-"Same Property" Communities (b)		11,479		25,211			16,761			8,450			71,829			41,601			30,228
Development and Lease-Up Communities (c)		3,078		-			-			-			-			-			-
Other (d)		-		758			690			68			2,144			2,378			(234	)
Total Property Net Operating Income		56,562		$128,229			$114,300			$13,929			$374,406			$326,938			$47,468
Income from Discontinued Operations (e)			Three Months Ended September 30,									Nine Months Ended September 30,
				2013			2012						2013			2012
Property revenues				$4,455			$13,545						$14,988			$40,528
Property expenses				(1,891	)		(6,181	)					(6,391	)		(18,614	)
Property net operating income				$2,564			$7,364						$8,597			$21,914
Interest				-			-						-			(36	)
Depreciation and amortization				(908	)		(3,400	)					(3,301	)		(10,714	)
Gain on sale of discontinued operations, net of tax				34,410			-						91,059			32,541
Income, including gain on sale, allocated to non-controlling interests				(8	)		(75	)					(1,778	)		(872	)
Income attributable to common shareholders				$36,058			$3,889						$94,577			$42,833

Notes:
(a)	"Same Property" Communities are communities which were owned by the Company and stabilized since January 1, 2012, excluding properties held for sale.
(b)	Non-"Same Property" Communities are stabilized communities acquired or developed by the Company after January 1, 2012, excluding properties held for sale.
(c)	Development and Lease-Up Communities are non-stabilized communities developed or acquired by the Company after January 1, 2012, excluding properties held for sale.
(d)	"Other" includes results from non-multifamily rental properties, above/below market lease amortization related to acquired communities, and expenses related to land holdings not under active development.
(e)	Represents operating results for communities held for sale or disposed of during 2012 and 2013, of which Camden has no continuing involvement.

11

					"SAME PROPERTY"
CAMDEN								THIRD QUARTER COMPARISONS
								SEPTEMBER 30, 2013
								(In thousands, except property data amounts)
(Unaudited)
	Revenues							Expenses									NOI
Quarterly Results (a)	3Q13		3Q12		Growth			3Q13			3Q12			Growth			3Q13		3Q12		Growth
D.C. Metro		$26,455		$26,197		1.0	%		$7,934			$7,641			3.8	%		$18,521		$18,556		(0.2	%)
Houston, TX		14,375		13,273		8.3	%		5,034			4,614			9.1	%		9,341		8,659		7.9	%
Tampa, FL		14,006		13,541		3.4	%		5,805			5,864			(1.0	%)		8,201		7,677		6.8	%
Dallas, TX		10,854		10,346		4.9	%		4,525			4,422			2.3	%		6,329		5,924		6.8	%
Las Vegas, NV		10,314		10,165		1.5	%		3,980			3,983			(0.1	%)		6,334		6,182		2.5	%
Los Angeles/Orange County, CA		11,210		10,634		5.4	%		3,708			3,528			5.1	%		7,502		7,106		5.6	%
SE Florida		13,158		12,496		5.3	%		4,789			4,532			5.7	%		8,369		7,964		5.1	%
Orlando, FL		9,030		8,639		4.5	%		3,540			3,496			1.3	%		5,490		5,143		6.7	%
Charlotte, NC		11,152		10,478		6.4	%		3,771			3,671			2.7	%		7,381		6,807		8.4	%
Atlanta, GA		9,725		9,161		6.2	%		3,681			3,803			(3.2	%)		6,044		5,358		12.8	%
Denver, CO		5,354		5,054		5.9	%		1,604			1,587			1.1	%		3,750		3,467		8.2	%
Raleigh, NC		6,993		6,648		5.2	%		2,350			2,387			(1.6	%)		4,643		4,261		9.0	%
Phoenix, AZ		3,587		3,460		3.7	%		1,371			1,339			2.4	%		2,216		2,121		4.5	%
San Diego/Inland Empire, CA		6,088		5,958		2.2	%		2,319			2,309			0.4	%		3,769		3,649		3.3	%
Austin, TX		5,648		5,411		4.4	%		2,596			2,618			(0.8	%)		3,052		2,793		9.3	%
Corpus Christi, TX		2,109		1,981		6.5	%		791			799			(1.0	%)		1,318		1,182		11.5	%
Total Same Property		$160,058		$153,442		4.3	%		$57,798			$56,593			2.1	%		$102,260		$96,849		5.6	%
	Apartment
	Homes				% of NOI			Average Occupancy (a)									Weighted Average Rental Rate (b)
Quarterly Results (a)	Included				Contribution (a)			3Q13			3Q12			Change			3Q13		3Q12		Change
D.C. Metro		4,947				18.1	%		95.6	%		96.3	%		(0.7	%)		$1,655		$1,627		1.8	%
Houston, TX		3,353				9.1	%		95.6	%		96.6	%		(1.0	%)		1,323		1,214		8.9	%
Tampa, FL		4,733				8.0	%		95.0	%		95.3	%		(0.3	%)		857		824		4.1	%
Dallas, TX		3,378				6.2	%		95.0	%		95.5	%		(0.5	%)		970		913		6.3	%
Las Vegas, NV		3,969				6.2	%		95.0	%		94.0	%		1.0	%		761		760		0.2	%
Los Angeles/Orange County, CA		2,060				7.3	%		95.7	%		95.2	%		0.5	%		1,713		1,638		4.6	%
SE Florida		2,520				8.2	%		95.4	%		95.4	%		0.0	%		1,630		1,544		5.6	%
Orlando, FL		2,818				5.4	%		96.1	%		95.4	%		0.7	%		952		920		3.4	%
Charlotte, NC		3,134				7.2	%		96.7	%		96.8	%		(0.1	%)		1,081		1,008		7.2	%
Atlanta, GA		2,894				5.9	%		94.9	%		95.8	%		(0.9	%)		1,005		937		7.3	%
Denver, CO		1,351				3.7	%		94.7	%		95.6	%		(0.9	%)		1,217		1,122		8.5	%
Raleigh, NC		2,266				4.5	%		95.8	%		95.8	%		0.0	%		915		870		5.2	%
Phoenix, AZ		1,084				2.2	%		92.5	%		93.7	%		(1.2	%)		987		939		5.1	%
San Diego/Inland Empire, CA		1,196				3.7	%		95.0	%		94.9	%		0.1	%		1,601		1,553		3.1	%
Austin, TX		1,670				3.0	%		95.2	%		95.7	%		(0.5	%)		1,010		948		6.5	%
Corpus Christi, TX		632				1.3	%		96.2	%		95.6	%		0.6	%		957		874		9.5	%
Total Same Property		42,005				100.0	%		95.4	%		95.6	%		(0.2	%)		$1,157		$1,103		4.9	%

(a)	"Same Property" Communities are communities which were owned by the Company and stabilized since January 1, 2012, excluding properties held for sale.
(b)	Weighted average rental rates are the Company's rental rates for leases in place and vacant units at market after "loss to lease" and concessions, but before vacancy and bad debt.

12

					"SAME PROPERTY"
CAMDEN								SEQUENTIAL QUARTER COMPARISONS
														SEPTEMBER 30, 2013
								(In thousands, except property data amounts)
(Unaudited)
	Revenues							Expenses									NOI
Quarterly Results (a)	3Q13		2Q13		Growth			3Q13			2Q13			Growth			3Q13		2Q13		Growth
D.C. Metro		$26,455		$26,241		0.8	%		$7,934			$7,932			0.0	%		$18,521		$18,309		1.2	%
Houston, TX		14,375		14,193		1.3	%		5,034			5,349			(5.9	%)		9,341		8,844		5.6	%
Tampa, FL		14,006		13,813		1.4	%		5,805			5,783			0.4	%		8,201		8,030		2.1	%
Dallas, TX		10,854		10,656		1.9	%		4,525			4,463			1.4	%		6,329		6,193		2.2	%
Las Vegas, NV		10,314		10,001		3.1	%		3,980			3,744			6.3	%		6,334		6,257		1.2	%
Los Angeles/Orange County, CA		11,210		10,925		2.6	%		3,708			3,648			1.6	%		7,502		7,277		3.1	%
SE Florida		13,158		13,042		0.9	%		4,789			4,596			4.2	%		8,369		8,446		(0.9	%)
Orlando, FL		9,030		8,878		1.7	%		3,540			3,415			3.7	%		5,490		5,463		0.5	%
Charlotte, NC		11,152		10,940		1.9	%		3,771			3,680			2.5	%		7,381		7,260		1.7	%
Atlanta, GA		9,725		9,475		2.6	%		3,681			3,705			(0.6	%)		6,044		5,770		4.7	%
Denver, CO		5,354		5,260		1.8	%		1,604			1,596			0.5	%		3,750		3,664		2.3	%
Raleigh, NC		6,993		6,836		2.3	%		2,350			2,353			(0.1	%)		4,643		4,483		3.6	%
Phoenix, AZ		3,587		3,625		(1.0	%)		1,371			1,316			4.2	%		2,216		2,309		(4.0	%)
San Diego/Inland Empire, CA		6,088		5,985		1.7	%		2,319			2,389			(2.9	%)		3,769		3,596		4.8	%
Austin, TX		5,648		5,535		2.0	%		2,596			2,620			(0.9	%)		3,052		2,915		4.7	%
Corpus Christi, TX		2,109		2,042		3.3	%		791			784			0.9	%		1,318		1,258		4.8	%
Total Same Property		$160,058		$157,447		1.7	%		$57,798			$57,373			0.7	%		$102,260		$100,074		2.2	%
	Apartment
	Homes				% of NOI			Average Occupancy (a)									Weighted Average Rental Rate (b)
Quarterly Results (a)	Included				Contribution (a)			3Q13			2Q13			Change			3Q13		2Q13		Change
D.C. Metro		4,947				18.1	%		95.6	%		95.6	%		0.0	%		$1,655		$1,646		0.6	%
Houston, TX		3,353				9.1	%		95.6	%		96.6	%		(1.0	%)		1,323		1,292		2.4	%
Tampa, FL		4,733				8.0	%		95.0	%		95.5	%		(0.5	%)		857		846		1.4	%
Dallas, TX		3,378				6.2	%		95.0	%		95.3	%		(0.3	%)		970		951		2.0	%
Las Vegas, NV		3,969				6.2	%		95.0	%		94.5	%		0.5	%		761		756		0.8	%
Los Angeles/Orange County, CA		2,060				7.3	%		95.7	%		95.6	%		0.1	%		1,713		1,686		1.6	%
SE Florida		2,520				8.2	%		95.4	%		95.1	%		0.3	%		1,630		1,616		0.9	%
Orlando, FL		2,818				5.4	%		96.1	%		95.9	%		0.2	%		952		941		1.2	%
Charlotte, NC		3,134				7.2	%		96.7	%		96.4	%		0.3	%		1,081		1,056		2.4	%
Atlanta, GA		2,894				5.9	%		94.9	%		95.1	%		(0.2	%)		1,005		974		3.2	%
Denver, CO		1,351				3.7	%		94.7	%		95.3	%		(0.6	%)		1,217		1,182		3.0	%
Raleigh, NC		2,266				4.5	%		95.8	%		94.8	%		1.0	%		915		898		1.9	%
Phoenix, AZ		1,084				2.2	%		92.5	%		92.9	%		(0.4	%)		987		994		(0.7	%)
San Diego/Inland Empire, CA		1,196				3.7	%		95.0	%		95.0	%		0.0	%		1,601		1,575		1.7	%
Austin, TX		1,670				3.0	%		95.2	%		94.5	%		0.7	%		1,010		991		1.9	%
Corpus Christi, TX		632				1.3	%		96.2	%		96.5	%		(0.3	%)		957		923		3.7	%
Total Same Property		42,005				100.0	%		95.4	%		95.4	%		0.0	%		$1,157		$1,139		1.6	%

(a)	"Same Property" Communities are communities which were owned by the Company and stabilized since January 1, 2012, excluding properties held for sale.
(b)	Weighted average rental rates are the Company's rental rates for leases in place and vacant units at market after "loss to lease" and concessions, but before vacancy and bad debt.

13

					"SAME PROPERTY"
CAMDEN					YEAR TO DATE COMPARISONS
					SEPTEMBER 30, 2013
					(In thousands, except property data amounts)
(Unaudited)
	Revenues							Expenses									NOI
Year to Date Results (a)	2013		2012		Growth			2013			2012			Growth			2013		2012		Growth
D.C. Metro		$78,727		$76,667		2.7	%		$23,488			$22,690			3.5	%		$55,239		$53,977		2.3	%
Houston, TX		42,378		38,530		10.0	%		15,691			14,591			7.5	%		26,687		23,939		11.5	%
Tampa, FL		41,414		39,757		4.2	%		17,379			17,066			1.8	%		24,035		22,691		5.9	%
Dallas, TX		31,960		30,161		6.0	%		13,661			12,897			5.9	%		18,299		17,264		6.0	%
Las Vegas, NV		30,284		29,963		1.1	%		11,505			11,328			1.6	%		18,779		18,635		0.8	%
Los Angeles/Orange County, CA		32,980		31,507		4.7	%		10,925			10,203			7.1	%		22,055		21,304		3.5	%
SE Florida		38,988		36,819		5.9	%		14,000			13,128			6.6	%		24,988		23,691		5.5	%
Orlando, FL		26,636		25,554		4.2	%		10,434			10,295			1.4	%		16,202		15,259		6.2	%
Charlotte, NC		32,709		30,092		8.7	%		11,097			10,941			1.4	%		21,612		19,151		12.9	%
Atlanta, GA		28,464		26,585		7.1	%		10,949			11,102			(1.4	%)		17,515		15,483		13.1	%
Denver, CO		15,709		14,743		6.6	%		4,706			4,662			0.9	%		11,003		10,081		9.1	%
Raleigh, NC		20,586		19,503		5.6	%		6,951			6,875			1.1	%		13,635		12,628		8.0	%
Phoenix, AZ		10,750		10,288		4.5	%		3,971			3,794			4.7	%		6,779		6,494		4.4	%
San Diego/Inland Empire, CA		17,901		17,424		2.7	%		7,059			6,864			2.8	%		10,842		10,560		2.7	%
Austin, TX		16,633		15,772		5.5	%		7,715			7,446			3.6	%		8,918		8,326		7.1	%
Corpus Christi, TX		6,152		5,679		8.3	%		2,307			2,203			4.7	%		3,845		3,476		10.6	%
Total Same Property		$472,271		$449,044		5.2	%		$171,838			$166,085			3.5	%		$300,433		$282,959		6.2	%
	Apartment
	Homes				% of NOI			Average Occupancy (a)									Weighted Average Rental Rate (b)
Year to Date Results (a)	Included				Contribution (a)			2013			2012			Change			2013		2012		Change
D.C. Metro		4,947				18.4	%		95.6	%		95.5	%		0.1	%		$1,646		$1,606		2.5	%
Houston, TX		3,353				8.9	%		96.3	%		96.9	%		(0.6	%)		1,293		1,170		10.5	%
Tampa, FL		4,733				8.0	%		95.2	%		94.9	%		0.3	%		847		815		3.9	%
Dallas, TX		3,378				6.1	%		95.2	%		95.6	%		(0.4	%)		952		889		7.1	%
Las Vegas, NV		3,969				6.2	%		94.4	%		93.7	%		0.7	%		757		758		(0.2	%)
Los Angeles/Orange County, CA		2,060				7.3	%		95.7	%		95.4	%		0.3	%		1,688		1,618		4.3	%
SE Florida		2,520				8.3	%		95.1	%		95.3	%		(0.2	%)		1,613		1,521		6.1	%
Orlando, FL		2,818				5.4	%		95.9	%		95.4	%		0.5	%		942		908		3.7	%
Charlotte, NC		3,134				7.2	%		96.4	%		96.4	%		0.0	%		1,057		969		9.1	%
Atlanta, GA		2,894				5.8	%		95.1	%		95.2	%		(0.1	%)		979		915		7.0	%
Denver, CO		1,351				3.7	%		94.9	%		95.3	%		(0.4	%)		1,185		1,092		8.5	%
Raleigh, NC		2,266				4.5	%		95.1	%		95.5	%		(0.4	%)		900		852		5.7	%
Phoenix, AZ		1,084				2.3	%		92.9	%		93.9	%		(1.0	%)		988		928		6.5	%
San Diego/Inland Empire, CA		1,196				3.6	%		94.4	%		94.0	%		0.4	%		1,578		1,537		2.7	%
Austin, TX		1,670				3.0	%		94.7	%		95.5	%		(0.8	%)		993		928		7.0	%
Corpus Christi, TX		632				1.3	%		96.0	%		95.8	%		0.2	%		928		850		9.2	%
Total Same Property		42,005				100.0	%		95.3	%		95.3	%		0.0	%		$1,140		$1,083		5.3	%

(a)	"Same Property" Communities are communities which were owned by the Company and stabilized since January 1, 2012, excluding properties held for sale.
(b)	Weighted average rental rates are the Company's rental rates for leases in place and vacant units at market after "loss to lease" and concessions, but before vacancy and bad debt.

14

	"SAME PROPERTY" OPERATING EXPENSE
CAMDEN	DETAIL AND COMPARISONS
	SEPTEMBER 30, 2013
	(In thousands)
(Unaudited)
										% of Actual 3Q13 Operating
Quarterly Comparison (a)		3Q13	3Q12	$ Change			% Change			Expenses
Property taxes		$16,664	$15,036		$1,628			10.8	%		28.8	%
Salaries and Benefits for On-site Employees		13,674	13,539		135			1.0	%		23.7	%
Utilities		12,945	12,957		(12	)		(0.1	%)		22.4	%
Repairs and Maintenance		8,313	9,148		(835	)		(9.1	%)		14.4	%
Property Insurance		2,741	2,474		267			10.8	%		4.7	%
Other		3,461	3,439		22			0.6	%		6.0	%
Total Same Property		$57,798	$56,593		$1,205			2.1	%		100.0	%
										% of Actual 3Q13 Operating
Sequential Comparison (a)		3Q13	2Q13	$ Change			% Change				Expenses
Property taxes		$16,664	$17,129		($465	)		(2.7	%)		28.8	%
Salaries and Benefits for On-site Employees		13,674	13,415		259			1.9	%		23.7	%
Utilities		12,945	12,126		819			6.8	%		22.4	%
Repairs and Maintenance		8,313	8,053		260			3.2	%		14.4	%
Property Insurance		2,741	3,272		(531	)		(16.2	%)		4.7	%
Other		3,461	3,378		83			2.5	%		6.0	%
Total Same Property		$57,798	$57,373		$425			0.7	%		100.0	%
										% of Actual 2013 Operating
Year to Date Comparison (a)		2013	2012	$ Change			% Change				Expenses
Property taxes		$50,759	$45,364		$5,395			11.9	%		29.5	%
Salaries and Benefits for On-site Employees		39,870	$39,535		335			0.8	%		23.2	%
Utilities		37,063	$37,528		(465	)		(1.2	%)		21.6	%
Repairs and Maintenance		23,955	$25,206		(1,251	)		(5.0	%)		13.9	%
Property Insurance		9,897	$8,114		1,783			22.0	%		5.8	%
Other		10,294	$10,338		(44	)		(0.4	%)		6.0	%
Total Same Property		$171,838	$166,085		$5,753			3.5	%		100.0	%

(a)  "Same Property" Communities are communities which were owned by the Company and stabilized since January 1, 2012, excluding properties held for sale.

15

CAMDEN	JOINT VENTURE OPERATIONS
	(In thousands, except property data amounts)
Company's Pro-rata Share of Joint Venture Operations:
(Unaudited)
	Three Months Ended									Nine Months Ended
	September 30,									September 30,
OPERATING DATE (a)	2013			2012						2013			2012
Property Revenues
Rental revenues		$4,889			$6,964						$15,878			$20,988
Other property revenues		655			1,100						2,273			3,157
Total property revenues		5,544			8,064						18,151			24,145
Property Expenses
Property operating and maintenance		1,504			2,494						5,064			7,197
Real estate taxes		878			966						2,677			3,008
Total property expenses		2,382			3,460						7,741			10,205
Net Operating Income (NOI)		3,162			4,604						10,410			13,940
Other expenses
Interest		1,027			1,772						3,360			5,593
Depreciation and amortization		1,399			1,928						4,319			6,289
Other		32			91						125			247
Total other expenses		2,458			3,791						7,804			12,129
Promoted equity interests		1,222			-						5,020			-
Gain on sale of properties, net		-			2,875						13,032			2,875
Equity in income of joint ventures		$1,926			$3,688						$20,658			$4,686
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,
		2013			2013			2013			2012			2012
BALANCE SHEET DATA (b)
Land		$113,473			$110,549			$126,010			$125,707			$147,126
Buildings and improvements		722,921			705,450			828,505			823,820			1,002,759
		836,394			815,999			954,515			949,527			1,149,885
Accumulated depreciation		(58,588	)		(51,587	)		(143,212	)		(135,146	)		(170,390	)
Real estate assets, net		777,806			764,412			811,303			814,381			979,495
Properties under development and land		35,562			42,778			91,821			83,573			70,574
Cash and other assets, net		13,226			21,077			14,646			19,830			17,994
Total assets		$826,594			$828,267			$917,770			$917,784			$1,068,063
Notes payable		$563,191			$555,406			$724,775			$712,707			$844,680
Other liabilities		28,498			29,848			27,461			39,911			34,677
Total liabilities		591,689			585,254			752,236			752,618			879,357
Members' equity		234,905			243,013			165,534			165,166			188,706
Total liabilities and members' equity		$826,594			$828,267			$917,770			$917,784			$1,068,063
Camden's equity investment		$43,338			$44,630			$45,260			$45,092			$46,566
Distributions in excess of investment in joint ventures		$-			$-			($9,718	)		($9,509	)		($16,708	)
Camden's pro-rata share of debt		$112,638			$111,081			$144,955			$142,541			$171,215
PROPERTY DATA(end of period)
Total operating properties		24			23			37			37			44
Total operating apartment homes		7,870			7,594			10,692			10,692			13,165
Pro rata share of operating apartment homes		1,574			1,519			2,138			2,138			2,556
Total development properties		2			3			2			2			1
Total development apartment homes		566			842			576			576			276
Pro rata share of development apartment homes		113			168			115			115			55
(a) Operating data represents Camden's pro-rata share of revenues and expenses.
(b) Balance sheet and property data reported at 100%.

16

CAMDEN

CURRENT DEVELOPMENT COMMUNITIES

(Unaudited)

AS OF SEPTEMBER 30, 2013 ($ in millions)

Estimated/Actual Dates for

Total

Total

Cost to

Amount

Construction

Initial

Construction

Stabilized

Development Communities

Homes

Budget

Date

in CIP

Start

Occupancy

Completion

Operations

UNDER CONSTRUCTION

1.

Camden NOMA

320

$110.0

$92.7

$92.7

4Q11

1Q14

2Q14

2Q15

Washington, DC

2.

Camden Lamar Heights

314

47.0

20.1

20.1

2Q12

1Q14

2Q14

3Q15

Austin, TX

3.

Camden Flatirons

424

78.0

35.8

35.8

3Q12

2Q14

4Q14

4Q16

Denver, CO

4.

Camden Glendale

303

115.0

46.4

46.4

4Q12

1Q15

3Q15

1Q16

Glendale, CA

5.

Camden Boca Raton

261

54.0

17.6

17.6

4Q12

3Q14

4Q14

1Q16

Boca Raton, FL

6.

Camden Paces

379

110.0

38.5

38.5

4Q12

2Q14

2Q15

2Q17

Atlanta, GA

7.

Camden La Frontera

300

36.0

7.0

7.0

2Q13

2Q14

1Q15

4Q15

Round Rock, TX

8.

Camden Foothills

220

50.0

14.1

14.1

3Q13

4Q14

2Q15

3Q15

Scottsdale, AZ

9.

Camden Hayden (a)

234

48.0

10.7

10.7

3Q13

4Q14

2Q15

3Q15

Tempe, AZ

10.

Camden Gallery

323

58.0

10.9

10.9

3Q13

1Q15

4Q15

2Q16

Charlotte, NC

Total Development Communities

3,078

$706.0

$293.8

$293.8

Additional Development Pipeline & Land (b)

145.2

Total Properties Under Development and Land (per Balance Sheet)

$439.0

Total Cost

3Q13 NOI

NOI Contribution from Communities that Stabilized During Quarter

$41.0

$0.8

Estimated/Actual Dates for

Joint Venture Completed

Total

Total

Total

Construction

Initial

Construction

Stabilized

As of 10/27/2013

Communities in Lease-Up

Homes

Budget

Cost

Start

Occupancy

Completion

Operations

% Leased

% Occupied

1.

Camden South Capitol

276

$88.0

$76.9

2Q11

2Q13

3Q13

3Q14

54

%

49

%

Washington, DC

Total Joint Venture Completed Communities in Lease-Up

276

$88.0

$76.9

54

%

49

%

Estimated/Actual Dates for

Total

Total

Cost to

Amount

Construction

Initial

Construction

Stabilized

As of 10/27/2013

Joint Venture Development Communities

Homes

Budget

Date

in CIP

Start

Occupancy

Completion

Operations

% Leased

% Occupied

UNDER CONSTRUCTION

1.

Camden Waterford Lakes

300

$40.0

$27.0

$27.0

4Q12

4Q13

3Q14

4Q15

16

%

7

%

Orlando, FL

2.

Camden Southline

266

48.0

10.4

10.4

2Q13

1Q15

3Q15

4Q15

Charlotte, NC

Total Joint Venture Development Communities

566

$88.0

$37.4

$37.4

(a) Formerly known as Camden Vida.

(b) Please refer to the Development Pipeline & Land Summary on page 18.

Note: This table contains forward-looking statements. Please see the paragraph regarding forward-looking statements on page 2 of this document.

17

CAMDEN			DEVELOPMENT PIPELINE & LAND
(Unaudited)
AS OF SEPTEMBER 30, 2013 ($ in millions)
			Projected		Total
PIPELINE COMMUNITIES (a)			Homes		Estimated Cost (b)		Cost to Date
	1.	Camden Victory Park		423		$82.0		$16.8
		Dallas, TX
	2.	Camden Hollywood		287		145.0		27.4
		Los Angeles, CA
	3.	Camden Chandler (c)		380		75.0		6.1
		Chandler, AZ
	4.	Camden Atlantic		286		62.0		10.4
		Plantation, FL
	5.	Camden Lincoln Station		275		48.0		5.7
		Denver, CO
	6.	Camden McGowen Station		251		40.0		7.7
		Houston, TX
	7.	Camden Buckhead		390		70.0		18.5
		Atlanta, GA
Development Pipeline				2,292		$522.0		$92.6
LAND HOLDINGS			Acreage				Cost to Date
		Washington, DC		0.9				$17.9
		Dallas, TX		7.2				8.6
		Houston, TX		11.5				6.5
		Atlanta, GA		3.0				5.3
		Las Vegas, NV		19.6				4.2
		Other		4.8				10.1
Land Holdings				47.0				$52.6
Total Development Pipeline and Land								$145.2
(a) Represents development opportunities in the early phase of the development process for which the Company either has an option to acquire land or enter into a leasehold
		interest, for which the Company is the buyer under a long-term conditional contract to purchase land or where the Company owns land to develop a new community.
(b) Represents our estimate of total costs we expect to incur on these projects. However, forward-looking statements are not guarantees of future performances, results,
		or events. Although, we believe these expectations are based upon reasonable assumptions, future events rarely develop as forecasted, estimates routinely
		require adjustment.
(c) Formerly known as Camden Desert Stone.
Note: This table contains forward-looking statements. Please see the paragraph regarding forward-looking statements on page 2 of this document.

18

CAMDEN			ACQUISITIONS & DISPOSITIONS
(Unaudited)
2013 ACQUISITION/DISPOSITION ACTIVITY ($ in millions)
Acquisitions		Location	Apartment Homes	Year Built	Closing Date
1.	Camden Post Oak	Houston, TX	356	2003	04/10/13
2.	Camden Sotelo	Tempe, AZ	170	2008/2012	09/11/13
3.	Camden Vantage	Atlanta, GA	592	2010	09/18/13
Total/Average Acquisitions		$225.0	1,118 Apartment Homes	2008
Dispositions		Location	Apartment Homes	Year Built	Closing Date
1.	Camden Live Oaks	Tampa, FL	770	1990	01/17/13
2.	Camden Reserve	Orlando, FL	526	1990/1991	04/10/13
3.	Camden Centennial	Littleton, CO	276	1985	09/30/13
4.	Camden Pinnacle	Westminster, CO	224	1985	09/30/13
Total/Average Dispositions		$158.8	1,796 Apartment Homes	1988
Land Dispositions		Location	Acres	Year Built	Closing Date
1.	Paces Tract	Atlanta, GA	2.0	N/A	01/15/13
2.	Andrau Tract	Houston, TX	1.7	N/A	02/15/13
Total/Average Land Dispositions		$6.6	3.7 Acres	N/A
Joint Venture Dispositions		Location	Apartment Homes	Year Built	Closing Date
1.	Oasis Bay	Las Vegas, NV	128	1990	05/23/13
2.	Oasis Crossings	Las Vegas, NV	72	1996	05/23/13
3.	Oasis Emerald	Las Vegas, NV	132	1988	05/23/13
4.	Oasis Gateway	Las Vegas, NV	360	1997	05/23/13
5.	Oasis Island	Las Vegas, NV	118	1990	05/23/13
6.	Oasis Landing	Las Vegas, NV	144	1990	05/23/13
7.	Oasis Meadows	Las Vegas, NV	383	1996	05/23/13
8.	Oasis Palms	Las Vegas, NV	208	1989	05/23/13
9.	Oasis Pearl	Las Vegas, NV	90	1989	05/23/13
10.	Oasis Place	Las Vegas, NV	240	1992	05/23/13
11.	Oasis Ridge	Las Vegas, NV	477	1984	05/23/13
12.	Oasis Sierra	Las Vegas, NV	208	1998	05/23/13
13.	Oasis Springs	Las Vegas, NV	304	1988	05/23/13
14.	Oasis Vinings	Las Vegas, NV	234	1994	05/23/13
Total/Average Joint Venture Dispositions		$200.2	3,098 Apartment Homes	1992
Pro Rata Joint Venture Dispositions		$40.0

19

CAMDEN													DEBT ANALYSIS
						(In thousands, except property data amounts)
(Unaudited)
DEBT MATURITIES AS OF SEPTEMBER 30, 2013:
		Future Scheduled Repayments											Weighted Average
				Secured		Unsecured							Interest Rate on
	Year (a)	Amortization		Maturities		Maturities		Total		% of Total			Maturing Debt
	2013		$809		$-		$200,000		$200,809		7.5	%		5.4	%
	2014		3,143		32,247		-		35,390		1.3	%		3.2	%
	2015		2,019		-		250,000		252,019		9.5	%		5.1	%
	2016		2,242		-		-		2,242		0.1	%		N/A
	2017		2,462		-		246,750		249,212		9.3	%		5.7	%
	Thereafter		73,258		819,107		850,000		1,742,365		65.4	%		4.2	%
	Total Maturing Debt		$83,933		$851,354		$1,546,750		$2,482,037		93.1	%		4.5	%
	Unsecured Line of Credit		-		-		170,000		170,000		6.4	%		1.0	%
	Other Short Term Borrowings		-		-		13,000		13,000		0.5	%		1.0	%
	Total Debt		$83,933		$851,354		$1,729,750		$2,665,037		100.0	%		4.3	%
	Weighted Average Maturity of Debt			6.1 Years

				Weighted Average
FLOATING vs. FIXED RATE DEBT:	Balance	% of Total		Interest Rate		Time to Maturity
Floating rate debt	$394,652	14.8	%	1.0	%	5.0 Years
Fixed rate debt	2,270,385	85.2	%	4.8	%	6.3 Years
Total	$2,665,037	100.0	%	4.3	%	6.1 Years
				Weighted Average
SECURED vs. UNSECURED DEBT:	Balance	% of Total		Interest Rate		Time to Maturity
Unsecured debt	$1,721,998	64.6	%	4.3	%	5.5 Years
Secured debt	943,039	35.4	%	4.2	%	7.2 Years
Total	$2,665,037	100.0	%	4.3	%	6.1 Years
				Weighted Average
SECURED DEBT DETAIL:	Balance	% of Total		Interest Rate		Time to Maturity
Conventional fixed-rate mortgage debt	$731,387	77.6	%	5.1	%	7.3 Years
Conventional variable-rate mortgage debt	175,000	18.5	%	1.0	%	5.0 Years
Tax exempt variable rate debt	36,652	3.9	%	1.3	%	14.7 Years
Total	$943,039	100.0	%	4.2	%	7.2 Years
REAL ESTATE ASSETS: (b)	Total Homes	% of Total		Total Cost		% of Total	3Q13 NOI	% of Total
Unencumbered real estate assets	44,854	77.5	%	$5,517,422		77.9%	$96,541	73.8%
Encumbered real estate assets	12,988	22.5	%	1,565,019		22.1%	34,252	26.2%
Total	57,842	100.0	%	$7,082,441		100.0%	$130,793	100.0%

Ratio of unencumbered assets at cost to unsecured debt is 3.2 times

(a)	Includes all available extension options.
(b)	Real estate assets include communities under development and properties held for sale and exclude communities held through unconsolidated joint ventures.

20

CAMDEN										DEBT MATURITY ANALYSIS
										(In thousands)
(Unaudited)
ADDITIONAL DETAIL OF DEBT MATURITIES FOR 2013 AND 2014:
		Future Scheduled Repayments								Weighted Average
				Secured		Unsecured				Interest Rate on
	Quarter (a)	Amortization		Maturities		Maturities		Total		Maturing Debt
	4Q 2013		$808		$-		$200,000		$200,808		5.4	%
	2013		$808		$-		$200,000		$200,808		5.4	%
	1Q 2014		$853		$-		$-		$853		N/A
	2Q 2014		849		-		-		849		N/A
	3Q 2014		852		32,247		-		33,099		3.2	%
	4Q 2014		589		-		-		589		N/A
	2014		$3,143		$32,247		$-		$35,390		3.2	%
(a) Includes all available extension options.

21

CAMDEN		DEBT COVENANT ANALYSIS
(Unaudited)
UNSECURED LINE OF CREDIT
Covenant (a)	Required	Actual (b)	Compliance
Total Consolidated Debt to Gross Asset Value	≤ 60%	32%	Yes
Secured Debt to Gross Asset Value	≤ 35%	11%	Yes
Consolidated EBITDA to Total Fixed Charges	≥ 150%	367%	Yes
Unencumbered Adjusted NOI to Total Unsecured Debt	> 10.5%	21%	Yes
SENIOR UNSECURED NOTES
Covenant (a)	Required	Actual (b)	Compliance
Total Consolidated Debt to Total Asset Value	≤ 60%	39%	Yes
Total Secured Debt to Total Asset Value	≤ 40%	14%	Yes
Total Unencumbered Asset Value to Total Unsecured Debt	≥ 150%	304%	Yes
Consolidated Income Available for Debt Service to Total	> 150%	402%	Yes
Annual Service Charges

(a)	For a complete listing of all Debt Covenants related to the Company's Unsecured Line of Credit and Senior Unsecured Notes, as well as definitions
	of the above terms, please refer to the Company's filings with the Securities and Exchange Commission.
(b)	Defined terms used in the above covenant calculations may differ between the Unsecured Line of Credit and the Senior Unsecured Notes.

22

CAMDEN					UNCONSOLIDATED REAL ESTATE INVESTMENTS
											DEBT ANALYSIS
					(In thousands, except property data amounts)
(Unaudited)
PRO RATA SHARE OF UNCONSOLIDATED DEBT MATURITIES AS OF SEPTEMBER 30, 2013:
	Future Scheduled Repayments										Weighted Average
			Secured								Interest Rate on
Year (a)	Amortization		Maturities			Total		% of Total			Maturing Debt
2013		$355		$-			$355		0.3	%		N/A
2014		1,873		-			1,873		1.7	%		N/A
2015		2,057		3,462			5,519		4.9	%		3.4	%
2016		1,933		37,041			38,974		34.6	%		3.3	%
2017		1,221		25,601			26,822		23.8	%		3.2	%
Thereafter		746		37,332			38,078		33.8	%		4.4	%
Total Maturing Debt		$8,185		$103,436			$111,621		99.1	%		3.7	%
Subscription lines of credit (b)		-		1,017			1,017		0.9	%		1.5	%
Total Debt		$8,185		$104,453			$112,638		100.0	%		3.7	%
Weighted Average Maturity of Debt			3.8 Years

						Weighted Average
FLOATING vs. FIXED RATE DEBT:	Balance		% of Total			Interest Rate			Time to Maturity
Floating rate debt		$20,656		18.3	%		2.2	%	3.1 Years
Fixed rate debt		91,982		81.7	%		4.0	%	3.9 Years
Total		$112,638		100.0	%		3.7	%	3.8 Years
						Weighted Average
SECURED DEBT DETAIL:	Balance		% of Total			Interest Rate			Time to Maturity
Conventional fixed-rate mortgage debt		$91,982		81.7	%		4.0	%	3.9 Years
Conventional variable-rate mortgage debt		4,256		3.8	%		2.1	%	2.5 Years
Variable-rate construction loans		15,383		13.6	%		2.3	%	3.4 Years
Subscription lines of credit		1,017		0.9	%		1.5	%	1.3 Years
Total		$112,638		100.0	%		3.7	%	3.8 Years

REAL ESTATE ASSETS: (c)	Total Homes		Total Cost
Operating real estate assets		7,870		$836,394
Properties under development and land		566		35,562
Total		8,436		$871,956

(a)	Includes all available extension options.
(b)	As of September 30, 2013 these borrowings were drawn under the subscription lines of credit with $9.3 million in total capacity.  Camden has a 20%
	ownership interest in the borrowing entity.
(c)	Balance sheet and property data reported at 100%.

23

CAMDEN						UNCONSOLIDATED REAL ESTATE INVESTMENTS
						DEBT MATURITY ANALYSIS
									(In thousands)
(Unaudited)
ADDITIONAL DETAIL OF PRO-RATA SHARE OF UNCONSOLIDATED DEBT MATURITIES FOR 2013 and 2014:
									Weighted Average
		Future Scheduled Repayments							Interest Rate on
	Quarter (a)	Amortization		Secured Maturities			Total		Maturing Debt
	4Q 2013		$355		$-			$355		N/A
	2013		$355		$-			$355		N/A
	1Q 2014		$436		$-			$436		N/A
	2Q 2014		472		-			472		N/A
	3Q 2014		477		-			477		N/A
	4Q 2014(b)		488		1,017			1,505		1.5	%
	2014		$1,873		$1,017			$2,890		1.5	%

(a)	Includes all available extension options.
(b)	4Q 2014 maturities includes subscription lines of credit with $1.0M (Camden's pro-rata share) outstanding as of September 30, 2013.
	The lines of credit have $9.3 million in total capacity.

24

CAMDEN		CAPITALIZED EXPENDITURES
		& MAINTENANCE EXPENSE
		(In thousands, except unit data)
(Unaudited)
		Third Quarter 2013 (a)
		Capitalized			Expensed
		Weighted Average
	Item	Useful Life (b)	Total	Per Unit		Total	Per Unit
	Interiors
	Floor coverings	5.4 years	$3,479	$64		$754	$14
	Appliances	9.6 years	1,363	25		245	4
	Painting	-	-	-		1,656	30
	Cabinetry/Countertops	10.0 years	461	8		-	-
	Other	9.0 years	1,809	33		498	9
	Exteriors
	Painting	5.0 years	1,813	33		-	-
	Carpentry	10.0 years	198	4		-	-
	Landscaping	5.7 years	532	10		2,770	51
	Roofing	20.0 years	943	17		78	1
	Site Drainage	10.0 years	133	2		-	-
	Fencing/Stair	10.0 years	285	5		-	-
	Other (c)	8.3 years	2,194	40		3,167	58
	Common Areas
	Mech., Elec., Plumbing	9.6 years	1,621	30		1,235	23
	Parking/Paving	5.0 years	297	5		-	-
	Pool/Exercise/Facility	8.3 years	1,950	36		443	8
	Total		$17,078	$313		$10,846	$199
	Weighted Average Apartment Homes			54,517			54,517
	Revenue Enhancing Expenditures (d)	10.0 years	$24,599	$9,131
	Revenue Enhanced Apartment Homes			2,694
		Year to Date 2013 (a)
		Capitalized			Expensed
		Weighted Average
	Item	Useful Life (b)	Total	Per Unit	Total		Per Unit
	Interiors
	Floor coverings	5.4 years	$8,550	$157		$1,933	$36
	Appliances	9.6 years	3,789	70		643	12
	Painting	-	-	-		4,437	82
	Cabinetry/Countertops	10.0 years	1,266	23		-	-
	Other	9.0 years	4,433	82		1,446	27
	Exteriors
	Painting	5.0 years	4,481	82		-	-
	Carpentry	10.0 years	1,656	30		-	-
	Landscaping	5.7 years	1,319	24		8,850	163
	Roofing	20.0 years	2,395	44		204	4
	Site Drainage	10.0 years	240	4		-	-
	Fencing/Stair	10.0 years	791	15		-	-
	Other (c)	8.3 years	5,988	110		8,776	162
	Common Areas
	Mech., Elec., Plumbing	9.6 years	4,082	75		3,585	66
	Parking/Paving	5.0 years	693	13		-	-
	Pool/Exercise/Facility	8.3 years	6,527	120		1,170	22
	Total		$46,210	$850		$31,044	$571
	Weighted Average Apartment Homes			54,338			54,338
	Revenue Enhancing Expenditures (d)	10.0 years	$59,820	$9,559
	Revenue Enhanced Apartment Homes			6,258
(a)	Includes discontinued operations. Capitalized expenditures for discontinued operations were $354 and $1,163 for the three and nine months ended September 30, 2013, respectively. Total maintenance expenses for discontinued operations were $162 and $623 for the same periods, respectively.
(b)	Weighted average useful life of capitalized expenses for the three and nine months ended September 30, 2013.
(c)	Includes in part the following items: site/building repair, masonry/plaster, and general conditions.
(d)	Represents capital expenditures for the three and nine months ended September 30, 2013 spent on apartment unit renovatons (primarily kitchens and baths) designed to reposition these assets for higher rental levels in their respective markets.

25

CAMDEN	NON-GAAP FINANCIAL MEASURES
	DEFINITIONS & RECONCILIATIONS
	(In thousands, except per share amounts)
(Unaudited)
This document contains certain non-GAAP financial measures management believes are useful in evaluating an equity REIT's performance.  Camden's
definitions and calculations of non-GAAP financial measures may differ from those used by other REITs, and thus may not be comparable.  The non-GAAP
financial measures should not be considered as an alternative to net income as an indication of our operating performance, or to net cash provided by operating
activities as a measure of our liquidity.
FFO
The National Association of Real Estate Investment Trusts (“NAREIT”) currently defines FFO as net income attributable to common shares computed in accordance
with generally accepted accounting principles (“GAAP”), excluding gains or losses from depreciable operating property sales, plus real estate depreciation and amortization,
and after adjustments for unconsolidated partnerships and joint ventures.  Camden’s definition of diluted FFO also assumes conversion of all dilutive convertible securities,
including minority interests, which are convertible into common equity.  The Company considers FFO to be an appropriate supplemental measure of operating performance
because, by excluding gains or losses on dispositions of operating properties and excluding depreciation, FFO can help one compare the operating performance of a
company's real estate between periods or as compared to different companies.  A reconciliation of net income attributable to common shareholders to FFO is provided below:
		Three Months Ended			Nine Months Ended
		September 30,			September 30,
		2013		2012	2013		2012
Net income attributable to common shareholders			$70,720	$30,703		$206,368	$141,224
Real estate depreciation from continuing operations			53,635	48,298		156,709	142,376
Real estate depreciation and amortization from discontinued operations			908	3,400		3,301	10,714
Adjustments for unconsolidated joint ventures			1,395	1,885		4,316	6,198
Income allocated to noncontrolling interests			1,082	702		4,804	2,504
(Gain) on sale of unconsolidated joint venture properties			-	(2,875)		(13,032)	(2,875)
(Gain) on acquisition of controlling interest in joint ventures			-	-		-	(40,191)
(Gain) on sale of discontinued operations, net of tax			(34,410)	-		(91,059)	(32,541)
Funds from operations - diluted			$93,330	$82,113		$271,407	$227,409
Weighted average number of common and
common equivalent shares outstanding:
EPS diluted			87,902	86,293		88,429	84,694
FFO diluted			89,802	88,514		89,515	85,822
Net income attributable to common shareholders - diluted			$0.80	$0.35		$2.34	$1.67
FFO per common share - diluted			$1.04	$0.93		$3.03	$2.65
Expected FFO
Expected FFO is calculated in a method consistent with historical FFO, and is considered an appropriate supplemental measure of expected operating
performance when compared to expected net income attributable to common shareholders (EPS).  A reconciliation of the ranges provided for expected
net income attributable to common shareholders per diluted share to expected FFO per diluted share is provided below:
		4Q13 Range				2013 Range
			Low	High		Low	High
Expected net income attributable to common shareholders per share - diluted			$0.41	$0.45		$2.75	$2.79
Expected real estate depreciation			0.58	0.58		2.34	2.34
Expected adjustments for unconsolidated joint ventures			0.02	0.02		0.06	0.06
Expected income allocated to non-controlling interests			0.01	0.01		0.07	0.07
(Gain) on sale of unconsolidated joint venture property			0.00	0.00		(0.15)	(0.15)
Realized (gain) on sale of discontinued operations			0.00	0.00		(1.02)	(1.02)
Expected FFO per share - diluted			$1.02	$1.06		$4.05	$4.09
Note:  This table contains forward-looking statements.  Please see the paragraph regarding forward-looking statements on page 2 of this document.

26

CAMDEN		NON-GAAP FINANCIAL MEASURES
		DEFINITIONS & RECONCILIATIONS
		(In thousands, except per share amounts)
(Unaudited)
Net Operating Income (NOI)
NOI is defined by the Company as total property income less property operating and maintenance expenses less real estate taxes.  The Company considers
NOI to be an appropriate supplemental measure of operating performance to net income attributable to common shareholders because it reflects the
operating performance of our communities without allocation of corporate level property management overhead or general and administrative costs.
A reconciliation of net income attributable to common shareholders to net operating income is provided below:
	Three Months Ended			Nine Months Ended
	September 30,			September 30,
	2013		2012	2013		2012
Net income attributable to common shareholders		$70,720	$30,703		$206,368	$141,224
Less: Fee and asset management income		(3,096)	(3,041)		(8,817)	(9,572)
Less: Interest and other (income) loss		(86)	(3)		(1,176)	750
Less: Income (loss) on deferred compensation plans		(2,315)	1,781		(5,212)	(3,820)
Plus: Property management expense		5,353	5,509		16,578	15,644
Plus: Fee and asset management expense		1,505	1,864		4,468	5,051
Plus: General and administrative expense		9,993	9,303		31,377	27,712
Plus: Interest expense		24,275	25,865		73,967	78,759
Plus: Depreciation and amortization		54,880	49,409		160,272	145,709
Plus: Amortization of deferred financing costs		875	909		2,689	2,721
Plus: Expense (benefit) on deferred compensation plans		2,315	(1,781)		5,212	3,820
Less: Gain on sale of land		-	-		(698)	-
Less: Gain on acquisition of controlling interests in joint ventures		-	-		-	(40,191)
Less: Equity in income of joint ventures		(1,926)	(3,688)		(20,658)	(4,686)
Plus: Income tax expense - current		720	334		1,587	992
Less: Income from discontinued operations		(1,656)	(3,964)		(5,296)	(11,164)
Less: Gain on sale of discontinued operations, net of tax		(34,410)	-		(91,059)	(32,541)
Plus: Income allocated to non-controlling interests from continuing operations		1,074	1,025		3,026	2,807
Plus: Income, including gain on sale, allocated to non-controlling interests from discontinued operations		8	75		1,778	872
Plus: Income allocated to perpetual preferred units		-	-		-	776
Plus: Write off of original issuance costs of redeemed perpetual preferred units		-	-		-	2,075
Net Operating Income (NOI)		$128,229	$114,300		$374,406	$326,938
"Same Property" Communities		$102,260	$96,849		$300,433	$282,959
Non-"Same Property" Communities		25,211	16,761		71,829	41,601
Development and Lease-Up Communities		-	-		-	-
Other		758	690		2,144	2,378
Net Operating Income (NOI)		$128,229	$114,300		$374,406	$326,938
EBITDA
EBITDA is defined by the Company as earnings before interest, taxes, depreciation and amortization, including net operating income from discontinued operations,
excluding equity in (income) loss of joint ventures, (gain) loss on sale of unconsolidated joint venture interests, gain on acquisition of controlling interest in joint ventures,
gain on sale of discontinued operations, net of tax, and income (loss) allocated to non-controlling interests.
The Company considers EBITDA to be an appropriate supplemental measure of operating performance to net income attributable to common
shareholders because it represents income before non-cash depreciation and the cost of debt, and excludes gains or losses from property dispositions.
A reconciliation of net income attributable to common shareholders to EBITDA is provided below:
	Three Months Ended			Nine Months Ended
	September 30,				September 30,
		2013	2012		2013	2012
Net income attributable to common shareholders		$70,720	$30,703		$206,368	$141,224
Plus: Interest expense		24,275	25,865		73,967	78,759
Plus: Amortization of deferred financing costs		875	909		2,689	2,721
Plus: Depreciation and amortization		54,880	49,409		160,272	145,709
Plus: Income allocated to perpetual preferred units		-	-		-	776
Plus: Write off of original issuance costs of redeemed perpetual preferred units		-	-		-	2,075
Plus: Income allocated to non-controlling interests from continuing operations		1,074	1,025		3,026	2,807
Plus: Income, including gain on sale, allocated to non-controlling interests from discontinued operations		8	75		1,778	872
Plus: Interest expense from discontinued operations		-	-		-	36
Plus: Income tax expense - current		720	334		1,587	992
Plus: Real estate depreciation and amortization from discontinued operations		908	3,400		3,301	10,714
Less: Gain on acquisition of controlling interests in joint ventures		-	-		-	(40,191)
Less: Gain on sale of land		-	-		(698)	-
Less: Equity in income of joint ventures		(1,926)	(3,688)		(20,658)	(4,686)
Less: Gain on sale of discontinued operations, net of tax		(34,410)	-		(91,059)	(32,541)
EBITDA		$117,124	$108,032		$340,573	$309,267

27

CAMDEN				OTHER DATA
(Unaudited)
Stock Symbol:			CPT
Exchange Traded:			NYSE
Senior Unsecured Debt Ratings:					Rating	Outlook
			Moody's		Baa1	Stable
			Standard & Poor's		BBB+	Stable
			Fitch		BBB+	Stable
Estimated Future Dates:					Q4 '13	Q1 '14	Q2 '14	Q3 '14
	Earnings release & conference call				Early Feb	Early May	Late July	Early Nov
Dividend Information - Common Shares:					Q1 '13	Q2 '13	Q3 '13
	Declaration Date				01/31/13	06/14/13	09/16/13
	Record Date				03/28/13	06/28/13	09/30/13
	Payment Date				04/17/13	07/17/13	10/17/13
	Distributions Per Share				$0.63	$0.63	$0.63
Investor Relations Data:
	Camden does not send quarterly reports to shareholders, but supplies 10-Q's, Earnings Releases and
	Supplemental Data upon request.
	For Investor Relations:  recent press releases, 10-Q's, 10-K's and other information, call
	1-800-9CAMDEN or (713) 354-2787.
	To access Camden's Quarterly Conference Call, please visit our web site at camdenliving.com.
	For questions contact:
		Richard J. Campo		Chairman & Chief Executive Officer
		D. Keith Oden		President
		H. Malcolm Stewart		Chief Operating Officer
		Alexander J. Jessett		Chief Financial Officer
		Kimberly A. Callahan		Senior Vice President - Investor Relations

28

CAMDEN										COMMUNITY TABLE
								Community Statistics as of 9/30/13
(Unaudited)										3Q13 Avg
					Year Placed	Average	Apartment	3Q13 Avg		Monthly Rental Rates
Community Name			City	State	in Service	Size	Homes	Occupancy		Per Home	Per Sq. Ft.
	Camden Copper Square		Phoenix	AZ	2000	786	332	92	%	$944	$1.20
	Camden Fountain Palms (1)		Peoria	AZ	1986/1996	1,050	192	95	%	691	0.66
	Camden Legacy		Scottsdale	AZ	1996	1,067	428	92	%	1,006	0.94
	Camden Montierra		Scottsdale	AZ	1999	1,071	249	92	%	1,191	1.11
	Camden Pecos Ranch		Chandler	AZ	2001	924	272	92	%	881	0.95
	Camden San Marcos		Scottsdale	AZ	1995	984	320	91	%	1,020	1.04
	Camden San Paloma		Scottsdale	AZ	1993/1994	1,042	324	93	%	1,007	0.97
	Camden Sierra (1)		Peoria	AZ	1997	925	288	92	%	702	0.76
	Camden Sotelo		Tempe	AZ	2008/2012	1,303	170	95	%	1,487	1.14
	Camden Towne Center (1)		Glendale	AZ	1998	871	240	92	%	696	0.80
		TOTAL ARIZONA	10	Properties		990	2,815	93	%	955	0.96
	Camden Crown Valley		Mission Viejo	CA	2001	1,009	380	95	%	1,686	1.67
	Camden Harbor View		Long Beach	CA	2004	975	538	95	%	2,061	2.11
	Camden Main and Jamboree		Irvine	CA	2008	1,011	290	97	%	1,882	1.86
	Camden Martinique		Costa Mesa	CA	1986	794	714	96	%	1,424	1.79
	Camden Parkside		Fullerton	CA	1972	836	421	94	%	1,293	1.55
	Camden Sea Palms		Costa Mesa	CA	1990	891	138	97	%	1,576	1.77
		Total Los Angeles/Orange County	6	Properties		904	2,481	96	%	1,642	1.82
	Camden Landmark		Ontario	CA	2006	982	469	92	%	1,339	1.36
	Camden Old Creek		San Marcos	CA	2007	1,037	350	95	%	1,670	1.61
	Camden Sierra at Otay Ranch		Chula Vista	CA	2003	962	422	94	%	1,556	1.62
	Camden Tuscany		San Diego	CA	2003	896	160	95	%	2,134	2.38
	Camden Vineyards		Murrieta	CA	2002	1,053	264	97	%	1,258	1.20
		Total San Diego/Inland Empire	5	Properties		991	1,665	94	%	1,527	1.54
		TOTAL CALIFORNIA	11	Properties		939	4,146	96	%	1,596	1.70
	Camden Belleview Station		Denver	CO	2009	888	270	96	%	1,219	1.38
	Camden Caley		Englewood	CO	2000	925	218	96	%	1,104	1.19
	Camden Denver West		Golden	CO	1997	1,015	320	97	%	1,260	1.24
	Camden Highlands Ridge		Highlands Ranch	CO	1996	1,149	342	93	%	1,363	1.19
	Camden Interlocken		Broomfield	CO	1999	1,022	340	96	%	1,293	1.28
	Camden Lakeway		Littleton	CO	1997	932	451	94	%	1,105	1.19
		TOTAL COLORADO	6	Properties		993	1,941	95	%	1,225	1.24
	Camden Ashburn Farms		Ashburn	VA	2000	1,062	162	98	%	1,529	1.44
	Camden Clearbrook		Frederick	MD	2007	1,048	297	96	%	1,366	1.30
	Camden College Park		College Park	MD	2008	942	508	96	%	1,588	1.69
	Camden Dulles Station		Oak Hill	VA	2009	978	382	97	%	1,651	1.69
	Camden Fair Lakes		Fairfax	VA	1999	1,056	530	96	%	1,692	1.60
	Camden Fairfax Corner		Fairfax	VA	2006	934	488	95	%	1,731	1.85
	Camden Fallsgrove		Rockville	MD	2004	996	268	95	%	1,714	1.72
	Camden Grand Parc		Washington	DC	2002	674	105	93	%	2,433	3.62
	Camden Lansdowne		Leesburg	VA	2002	1,006	690	96	%	1,468	1.46
	Camden Largo Town Center		Largo	MD	2000/2007	1,027	245	95	%	1,616	1.57
	Camden Monument Place		Fairfax	VA	2007	856	368	95	%	1,531	1.79
	Camden Potomac Yard		Arlington	VA	2008	835	378	96	%	2,050	2.46
	Camden Roosevelt		Washington	DC	2003	856	198	92	%	2,554	2.98
	Camden Russett		Laurel	MD	2000	992	426	95	%	1,407	1.42
	Camden Silo Creek		Ashburn	VA	2004	975	284	97	%	1,480	1.52
	Camden South Capitol (2)(3)		Washington	DC	2013	821	276	Lease-up		2,189	2.67
	Camden Summerfield		Landover	MD	2008	957	291	94	%	1,592	1.67
	Camden Summerfield II		Landover	MD	2012	936	187	95	%	1,602	1.71
		TOTAL DC METRO	18	Properties		956	6,083	96	%	1,674	1.75
	Camden Aventura		Aventura	FL	1995	1,108	379	95	%	1,655	1.49
	Camden Brickell		Miami	FL	2003	937	405	95	%	1,793	1.91
	Camden Doral		Miami	FL	1999	1,120	260	96	%	1,604	1.43
	Camden Doral Villas		Miami	FL	2000	1,253	232	95	%	1,728	1.38
	Camden Las Olas		Ft. Lauderdale	FL	2004	1,043	420	95	%	1,863	1.79
	Camden Plantation		Plantation	FL	1997	1,201	502	97	%	1,384	1.15
	Camden Portofino		Pembroke Pines	FL	1995	1,112	322	95	%	1,423	1.28
		Total Southeast Florida	7	Properties		1,103	2,520	96	%	1,630	1.48
	Camden Club		Longwood	FL	1986	1,077	436	96	%	914	0.85
	Camden Hunter's Creek		Orlando	FL	2000	1,075	270	95	%	1,065	0.99
	Camden Lago Vista		Orlando	FL	2005	955	366	96	%	935	0.98
	Camden LaVina		Orlando	FL	2012	970	420	95	%	1,106	1.14
	Camden Lee Vista		Orlando	FL	2000	937	492	97	%	901	0.96
	Camden Orange Court		Orlando	FL	2008	817	268	97	%	1,151	1.41
	Camden Renaissance		Altamonte Springs	FL	1996/1998	899	578	96	%	845	0.94
	Camden Town Square		Orlando	FL	2012	986	438	93	%	1,121	1.14
	Camden World Gateway		Orlando	FL	2000	979	408	95	%	1,013	1.04
		Total Orlando	9	Properties		965	3,676	96	%	989	1.03

29

CAMDEN									COMMUNITY TABLE
									Community Statistics as of 9/30/13
(Unaudited)									3Q13 Avg
				Year Placed	Average	Apartment	3Q13 Avg		Monthly Rental Rates
Community Name	City		State	in Service	Size	Homes	Occupancy		Per Home	Per Sq. Ft.
Camden Bay	Tampa		FL	1997/2001	943	760	95	%	$913	$0.97
Camden Bay Pointe	Tampa		FL	1984	771	368	95	%	734	0.95
Camden Bayside	Tampa		FL	1987/1989	748	832	96	%	812	1.09
Camden Citrus Park	Tampa		FL	1985	704	247	96	%	716	1.02
Camden Lakes	St. Petersburg		FL	1982/1983	732	688	95	%	762	1.04
Camden Lakeside	Brandon		FL	1986	729	228	94	%	771	1.06
Camden Montague	Tampa		FL	2012	975	192	97	%	1,148	1.18
Camden Preserve	Tampa		FL	1996	942	276	94	%	1,145	1.22
Camden Providence Lakes	Brandon		FL	1996	1,024	260	96	%	919	0.90
Camden Royal Palms	Brandon		FL	2006	1,017	352	94	%	969	0.95
Camden Visconti (2)	Tampa		FL	2007	1,125	450	95	%	1,157	1.03
Camden Westchase Park	Tampa		FL	2012	993	348	95	%	1,234	1.24
Camden Westshore	Tampa		FL	1986	728	278	95	%	901	1.24
Camden Woods	Tampa		FL	1986	1,223	444	95	%	891	0.73
Total Tampa/St. Petersburg		14	Properties		897	5,723	95	%	914	1.02
TOTAL FLORIDA		30	Properties		962	11,919	95	%	1,088	1.13
Camden Brookwood	Atlanta		GA	2002	912	359	97	%	1,085	1.18
Camden Creekstone	Atlanta		GA	2002	990	223	96	%	1,008	1.02
Camden Deerfield	Alpharetta		GA	2000	1,187	292	92	%	1,096	0.92
Camden Dunwoody	Atlanta		GA	1997	1,007	324	93	%	1,013	1.01
Camden Midtown Atlanta	Atlanta		GA	2001	935	296	95	%	1,122	1.20
Camden Peachtree City	Peachtree City		GA	2001	1,027	399	97	%	1,011	0.98
Camden Phipps (2)	Atlanta		GA	1996	1,018	234	97	%	1,311	1.29
Camden River	Duluth		GA	1997	1,103	352	95	%	937	0.85
Camden Shiloh	Kennesaw		GA	1999/2002	1,143	232	95	%	945	0.83
Camden St. Clair	Atlanta		GA	1997	999	336	94	%	1,039	1.04
Camden Stockbridge	Stockbridge		GA	2003	1,009	304	93	%	780	0.77
Camden Vantage	Atlanta		GA	2010	901	592	97	%	1,116	1.24
TOTAL GEORGIA		12	Properties		1,008	3,943	95	%	1,040	1.03
Camden Bel Air	Las Vegas		NV	1988/1995	943	528	94	%	718	0.76
Camden Breeze	Las Vegas		NV	1989	846	320	94	%	725	0.86
Camden Canyon	Las Vegas		NV	1995	987	200	97	%	864	0.88
Camden Commons	Henderson		NV	1988	936	376	95	%	755	0.81
Camden Cove	Las Vegas		NV	1990	898	124	95	%	718	0.80
Camden Del Mar	Las Vegas		NV	1995	986	560	96	%	909	0.92
Camden Fairways	Henderson		NV	1989	896	320	96	%	880	0.98
Camden Hills	Las Vegas		NV	1991	439	184	94	%	491	1.12
Camden Legends	Henderson		NV	1994	792	113	96	%	819	1.03
Camden Palisades	Las Vegas		NV	1991	905	624	95	%	721	0.80
Camden Pines	Las Vegas		NV	1997	982	315	95	%	794	0.81
Camden Pointe	Las Vegas		NV	1996	983	252	96	%	734	0.75
Camden Summit	Henderson		NV	1995	1,187	234	96	%	1,107	0.93
Camden Tiara	Las Vegas		NV	1996	1,043	400	96	%	854	0.82
Camden Vintage	Las Vegas		NV	1994	978	368	95	%	699	0.71
TOTAL NEVADA		15	Properties		938	4,918	95	%	787	0.84
Camden Ballantyne	Charlotte		NC	1998	1,045	400	96	%	1,113	1.06
Camden Cotton Mills	Charlotte		NC	2002	905	180	96	%	1,367	1.51
Camden Dilworth	Charlotte		NC	2006	857	145	96	%	1,326	1.55
Camden Fairview	Charlotte		NC	1983	1,036	135	97	%	1,014	0.98
Camden Foxcroft	Charlotte		NC	1979	940	156	99	%	889	0.95
Camden Grandview	Charlotte		NC	2000	1,057	266	98	%	1,492	1.41
Camden Habersham	Charlotte		NC	1986	773	240	95	%	753	0.97
Camden Pinehurst	Charlotte		NC	1967	1,147	407	98	%	897	0.78
Camden Sedgebrook	Charlotte		NC	1999	972	368	96	%	964	0.99
Camden Simsbury	Charlotte		NC	1985	874	100	97	%	1,001	1.15
Camden South End Square	Charlotte		NC	2003	882	299	97	%	1,239	1.41
Camden Stonecrest	Charlotte		NC	2001	1,098	306	96	%	1,141	1.04
Camden Touchstone	Charlotte		NC	1986	899	132	97	%	842	0.94
Total Charlotte		13	Properties		985	3,134	97	%	1,081	1.10
Camden Asbury Village (2)	Raleigh		NC	2009	1,009	350	96	%	1,041	1.03
Camden Crest	Raleigh		NC	2001	1,013	438	95	%	856	0.85
Camden Governor's Village	Chapel Hill		NC	1999	1,046	242	96	%	945	0.90
Camden Lake Pine	Apex		NC	1999	1,066	446	95	%	920	0.86
Camden Manor Park	Raleigh		NC	2006	966	484	98	%	941	0.97
Camden Overlook	Raleigh		NC	2001	1,060	320	96	%	1,031	0.97
Camden Reunion Park	Apex		NC	2000/2004	972	420	95	%	812	0.84
Camden Westwood	Morrisville		NC	1999	1,027	354	95	%	869	0.85
Total Raleigh		8	Properties		1,016	3,054	96	%	921	0.91
TOTAL NORTH CAROLINA		21	Properties		1,001	6,188	96	%	1,002	1.00

30

CAMDEN							COMMUNITY TABLE
							Community Statistics as of 9/30/13
(Unaudited)									3Q13 Avg
				Year Placed	Average	Apartment	3Q13 Avg		Monthly Rental Rates
Community Name		City	State	in Service	Size	Homes	Occupancy		Per Home	Per Sq. Ft.
	Camden Amber Oaks (2)	Austin	TX	2009	862	348	98	%	$910	$1.06
	Camden Amber Oaks II (2)	Austin	TX	2012	910	244	96	%	1,012	1.11
	Camden Brushy Creek (2)	Cedar Park	TX	2008	882	272	96	%	925	1.05
	Camden Cedar Hills	Austin	TX	2008	911	208	96	%	1,067	1.17
	Camden Gaines Ranch	Austin	TX	1997	955	390	95	%	1,215	1.27
	Camden Huntingdon	Austin	TX	1995	903	398	95	%	878	0.97
	Camden Ridgecrest	Austin	TX	1995	855	284	96	%	806	0.94
	Camden Shadow Brook (2)	Austin	TX	2009	909	496	96	%	953	1.05
	Camden Stoneleigh	Austin	TX	2001	908	390	94	%	1,056	1.16
	Total Austin	9	Properties		901	3,030	96	%	982	1.09
	Camden Breakers	Corpus Christi	TX	1996	868	288	96	%	1,115	1.29
	Camden Copper Ridge	Corpus Christi	TX	1986	775	344	96	%	825	1.06
	Camden Miramar (4)	Corpus Christi	TX	1994-2013	492	930	45	%	1,120	2.28
	Camden South Bay (2)	Corpus Christi	TX	2007	1,055	270	96	%	1,273	1.21
	Total Corpus Christi	4	Properties		687	1,832	96	%	1,087	1.58
	Camden Addison	Addison	TX	1996	942	456	96	%	923	0.98
	Camden Belmont	Dallas	TX	2010/2012	945	477	95	%	1,359	1.44
	Camden Buckingham	Richardson	TX	1997	919	464	96	%	977	1.06
	Camden Centreport	Ft. Worth	TX	1997	911	268	95	%	906	0.99
	Camden Cimarron	Irving	TX	1992	772	286	95	%	943	1.22
	Camden Design District (2)	Dallas	TX	2009	939	355	95	%	1,255	1.34
	Camden Farmers Market	Dallas	TX	2001/2005	932	904	93	%	1,090	1.17
	Camden Gardens (1)	Dallas	TX	1983	652	256	96	%	655	1.01
	Camden Glen Lakes	Dallas	TX	1979	877	424	96	%	878	1.00
	Camden Henderson	Dallas	TX	2012	967	106	97	%	1,482	1.53
	Camden Legacy Creek	Plano	TX	1995	831	240	96	%	974	1.17
	Camden Legacy Park	Plano	TX	1996	871	276	95	%	1,000	1.15
	Camden Panther Creek (2)	Frisco	TX	2009	946	295	97	%	1,049	1.11
	Camden Riverwalk (2)	Grapevine	TX	2008	982	600	95	%	1,273	1.30
	Camden Springs (1)	Dallas	TX	1987	713	304	97	%	655	0.92
	Camden Valley Park	Irving	TX	1986	743	516	96	%	860	1.16
	Total Dallas/Ft. Worth	16	Properties		883	6,227	95	%	1,026	1.16
	Camden City Centre	Houston	TX	2007	932	379	97	%	1,551	1.66
	Camden City Centre II	Houston	TX	2013	868	268	96	%	1,617	1.86
	Camden Cypress Creek (2)	Cypress	TX	2009	993	310	96	%	1,166	1.17
	Camden Downs at Cinco Ranch (2)	Katy	TX	2004	1,075	318	97	%	1,201	1.12
	Camden Grand Harbor (2)	Katy	TX	2008	959	300	97	%	1,087	1.13
	Camden Greenway	Houston	TX	1999	861	756	93	%	1,322	1.54
	Camden Heights (2)	Houston	TX	2004	927	352	97	%	1,447	1.56
	Camden Holly Springs	Houston	TX	1999	934	548	94	%	1,127	1.21
	Camden Lakemont (2)	Richmond	TX	2007	904	312	97	%	986	1.09
	Camden Midtown	Houston	TX	1999	844	337	96	%	1,632	1.93
	Camden Northpointe (2)	Tomball	TX	2008	940	384	97	%	1,020	1.09
	Camden Oak Crest	Houston	TX	2003	870	364	96	%	979	1.12
	Camden Park	Houston	TX	1995	866	288	97	%	937	1.08
	Camden Piney Point (2)	Houston	TX	2004	919	318	96	%	1,198	1.30
	Camden Plaza	Houston	TX	2007	915	271	97	%	1,492	1.63
	Camden Post Oak	Houston	TX	2003	1,200	356	96	%	2,482	2.07
	Camden Royal Oaks	Houston	TX	2006	923	236	99	%	1,183	1.28
	Camden Royal Oaks II	Houston	TX	2012	1,054	104	98	%	1,344	1.27
	Camden Spring Creek (2)	Spring	TX	2004	1,080	304	96	%	1,095	1.01
	Camden Stonebridge	Houston	TX	1993	845	204	97	%	977	1.16
	Camden Sugar Grove	Stafford	TX	1997	921	380	97	%	985	1.07
	Camden Travis Street	Houston	TX	2010	819	253	97	%	1,571	1.92
	Camden Vanderbilt	Houston	TX	1996/1997	863	894	96	%	1,354	1.57
	Camden Whispering Oaks	Houston	TX	2008	934	274	96	%	1,162	1.24
	Camden Woodson Park (2)	Houston	TX	2008	916	248	96	%	1,049	1.15
	Camden Yorktown (2)	Houston	TX	2008	995	306	95	%	1,077	1.08
	Total Houston	26	Properties		929	9,064	96	%	1,280	1.38
	Camden Braun Station (2)	San Antonio	TX	2006	827	240	97	%	864	1.04
	Camden Westover Hills (2)	San Antonio	TX	2010	959	288	95	%	1,060	1.10
	Total San Antonio	2	Properties		899	528	96	%	971	1.08
	TOTAL TEXAS	57	Properties		889	20,681	96	%	1,135	1.28
TOTAL PROPERTIES		180	Properties		943	62,634	95	%	$1,157	$1.23

(1)	Communities held for sale as of September 30, 2013.
(2)	Communities owned through investment in joint venture.
(3)	Completed communities in lease-up as of September 30, 2013 are excluded from total occupancy numbers.
(4)	Miramar is a student housing community which is excluded from total occupancy numbers.

31