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Organization</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Vornado Realty Trust (&#8220;Vornado&#8221;) is a fully</font><font style='font-family:Times New Roman;font-size:10pt;' >-integrated real estate investment trust (&#8220;REIT&#8221;) and conducts its business through, and all of its interests in properties are held by, Vornado </font><font style='font-family:Times New Roman;font-size:10pt;' >Realty L.P., a Delaware limited </font><font style='font-family:Times New Roman;font-size:10pt;' >partnership (the &#8220;Operating Partnership&#8221;). Vornado is the sole general partner of, and owned </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >93.6</font><font style='font-family:Times New Roman;font-size:10pt;' >% </font><font style='font-family:Times New Roman;font-size:10pt;' >of the common limited partnership interest in, the Operating Partnership at </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. All references to </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;we,&#8221; &#8220;us,&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;our,&#8221; the &#8220;Company&#8221; and &#8220;Vornado&#8221; refer to Vornado Realty Trust and its consolidated subsidiaries, including the Operating Partnership.</font></p></div> 0.936 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Basis of Presentation</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:15pt;' >The accompanying consolidated financial statements are unaudited and </font><font style='font-family:Times New Roman;font-size:10pt;' >include the accounts of Vornado</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > its consolidated subsidiaries, including</font><font style='font-family:Times New Roman;font-size:10pt;' > the Operating Partnership</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >All inter</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >company amounts have been eliminated. In our opinion, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and changes in cash flows have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United&#160;States of America (&#8220;GAAP&#8221;) have been condensed or omitted.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >These condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q of the </font><font style='font-family:Times New Roman;font-size:10pt;' >Securities and Exchange </font><font style='font-family:Times New Roman;font-size:10pt;' >Commission</font><font style='font-family:Times New Roman;font-size:10pt;color:#545454;' > (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >SEC</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form&#160;10-K,</font><font style='font-family:Times New Roman;font-size:10pt;' > as amended, </font><font style='font-family:Times New Roman;font-size:10pt;' >for the year ended </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, as fi</font><font style='font-family:Times New Roman;font-size:10pt;' >led with the SEC.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:15pt;' >We have made estimates and assumptions that affect the reported amounts of assets and liabilities</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The results of operations for the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > are</font><font style='font-family:Times New Roman;font-size:10pt;' > not necessarily indicative of the operating results for the</font><font style='font-family:Times New Roman;font-size:10pt;' > full year</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' > </font></p></div> <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:15pt;' >The accompanying consolidated financial statements are unaudited and </font><font style='font-family:Times New Roman;font-size:10pt;' >include the accounts of Vornado</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > its consolidated subsidiaries, including</font><font style='font-family:Times New Roman;font-size:10pt;' > the Operating Partnership</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >All inter</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >company amounts have been eliminated. In our opinion, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and changes in cash flows have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United&#160;States of America (&#8220;GAAP&#8221;) have been condensed or omitted.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >These condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q of the </font><font style='font-family:Times New Roman;font-size:10pt;' >Securities and Exchange </font><font style='font-family:Times New Roman;font-size:10pt;' >Commission</font><font style='font-family:Times New Roman;font-size:10pt;color:#545454;' > (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >SEC</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form&#160;10-K,</font><font style='font-family:Times New Roman;font-size:10pt;' > as amended, </font><font style='font-family:Times New Roman;font-size:10pt;' >for the year ended </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, as fi</font><font style='font-family:Times New Roman;font-size:10pt;' >led with the SEC.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:15pt;' >We have made estimates and assumptions that affect the reported amounts of assets and liabilities</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The results of operations for the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > are</font><font style='font-family:Times New Roman;font-size:10pt;' > not necessarily indicative of the operating results for the</font><font style='font-family:Times New Roman;font-size:10pt;' > full year</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' > </font></p></div> <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Below is a summary of income from the Fund and the Co-Investment for </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:134.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:134.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:136.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:136.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > </font>}</td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:134.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:134.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:136.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:136.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net investment income</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,723</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,150</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,396</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,600</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net realized gains on exited investments</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >886</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,676</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,591</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Previously recorded unrealized gain on exited investment</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,254)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,279)</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net unrealized gains on held investments</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,666</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,332</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,855</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,545</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,389</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26,368</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,673</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,457</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less income attributable to noncontrolling interests</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,845)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15,872)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,818)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(29,411)</font></td></tr><tr style='height:13.5pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments attributable to Vornado </font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:9.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,544</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,496</font></td><td style='width:9.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,855</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,046</font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:157.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:36.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='14' rowspan='1' style='width:520.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:520.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Excludes management, leasing and development fees of $935 and $633 for the three months ended June 30, 2016 and 2015, respectively, and $1,695 and $1,337 for the six months ended June 30, 2016 and 2015, respectively, which are included as a component of &quot;fee and other income&quot; in our consolidated statements of income.</font></td></tr></table></div> P8Y P3Y 0.247 0.753 194489000 76928000 117561000 78448000 150997000 72549000 147752000 186721000 72549000 72549000 75203000 114172000 3245000 7768000 4379000 0 3389000 3245000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Below is a summary of our marketable securities portfolio as of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='8' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of June 30, 2016</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >GAAP</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >GAAP</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Gain</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Gain</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Equity securities:</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Lexington Realty Trust</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >186,721</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72,549</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >114,172</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >147,752</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72,549</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >75,203</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,768</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,379</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,389</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,245</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,245</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >194,489</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >76,928</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >117,561</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >150,997</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72,549</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >78,448</font></td></tr></table></div> 676894000 547099000 39786000 1654068 409.23 0.324 129795000 133568000 45139000 48310000 0.041 811984000 363184000 909782000 300036000 0.08 0.054 133375000 25351000 125822000 23868000 0.054 0.55 300000000 947000 0.0175 0.0221 250000000 0.04995 0.333 142050000 0.08875 0.0932 2 P03M 7950000 350000000 2650000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:18pt;' >Discontinued Operations</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The tables below set forth the assets and liabilities related to discontinued operations at </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > and their combined results of</font><font style='font-family:Times New Roman;font-size:10pt;' > operations</font><font style='font-family:Times New Roman;font-size:10pt;' > and cash flows</font><font style='font-family:Times New Roman;font-size:10pt;' > for the</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:8.5pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Assets related to discontinued operations:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Real estate, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,111</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >29,561</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other assets</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,567</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,459</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,678</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >37,020</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Liabilities related to discontinued operations:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other liabilities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,104</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,470</font></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Income (loss) from discontinued operations:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >947</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,983</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,129</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22,279</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >682</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,020</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,148</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,393</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(37)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >981</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,886</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gains on sale of real estate</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,210</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,210</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,867</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >UE spin-off transaction related costs</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(327)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22,972)</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on sale of lease position in Geary Street, CA</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,376</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Impairment losses</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(256)</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Pretax income from discontinued operations</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,475</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,191</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,901</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(86)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from discontinued operations</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,475</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,191</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,815</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Cash flows related to discontinued operations:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from operating activities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,685)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,738)</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from investing activities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >310,069</font></td></tr></table></div> 5567000 8104000 3111000 7459000 12470000 29561000 682000 947000 265000 -4685000 2475000 0 0 -35738000 1983000 -364000 310069000 -37000 0 2020000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The tables below set forth the assets and liabilities related to discontinued operations at </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > and their combined results of</font><font style='font-family:Times New Roman;font-size:10pt;' > operations</font><font style='font-family:Times New Roman;font-size:10pt;' > and cash flows</font><font style='font-family:Times New Roman;font-size:10pt;' > for the</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:8.5pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Assets related to discontinued operations:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Real estate, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,111</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >29,561</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other assets</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,567</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,459</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,678</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >37,020</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Liabilities related to discontinued operations:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other liabilities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,104</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,470</font></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Income (loss) from discontinued operations:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >947</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,983</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,129</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22,279</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >682</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,020</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,148</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,393</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(37)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >981</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,886</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gains on sale of real estate</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,210</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,210</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,867</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >UE spin-off transaction related costs</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(327)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22,972)</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on sale of lease position in Geary Street, CA</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,376</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Impairment losses</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(256)</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Pretax income from discontinued operations</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,475</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,191</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,901</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(86)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from discontinued operations</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,475</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,191</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,815</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Cash flows related to discontinued operations:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from operating activities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,685)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,738)</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from investing activities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >310,069</font></td></tr></table></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >9. Identified Intangible Assets and Liabilities</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >The following summarizes our identified intangible assets (primarily above-market leases) and liabilities (primarily acquired below-market leases) as of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='5' rowspan='1' style='width:171.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:171.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > Balance as of</font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:81pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:81pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:81pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:81pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Identified intangible assets:</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Gross amount</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >404,473</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >415,261</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Accumulated amortization</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(194,463)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(187,360)</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >210,010</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >227,901</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Identified intangible liabilities (included in deferred revenue):</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Gross amount</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >600,722</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >643,488</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Accumulated amortization</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(311,197)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(325,340)</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >289,525</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >318,148</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >Amortization of acquired </font><font style='font-family:Times New Roman;font-size:10pt;' >below-market leases, net of acquired above-market leases, resulted in an increase to rental income of $</font><font style='font-family:Times New Roman;font-size:10pt;' >12,301</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >13,378</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > for </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >three</font><font style='font-family:Times New Roman;font-size:10pt;' > months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively, and $</font><font style='font-family:Times New Roman;font-size:10pt;' >29,808</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >25,828</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > for the </font><font style='font-family:Times New Roman;font-size:10pt;' >six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Estimated annual amortization of acquired bel</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >market leases, net of acquired above-market leases, for each of the five succeeding years commencing January 1, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > is as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2017</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >45,361</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2018</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >44,101</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2019</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31,937</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2020</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,365</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2021</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >18,287</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >Amortization of all other identified intangible assets (a component of depreciation and amortization expense) was $</font><font style='font-family:Times New Roman;font-size:10pt;' >8,066</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >5,309</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > for the three months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively, and $</font><font style='font-family:Times New Roman;font-size:10pt;' >15,859</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >11,494</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > for the </font><font style='font-family:Times New Roman;font-size:10pt;' >six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >Estimated annual amortization of </font><font style='font-family:Times New Roman;font-size:10pt;' >all other identified intangible assets including acquired in-place leases</font><font style='font-family:Times New Roman;font-size:10pt;' >, customer </font><font style='font-family:Times New Roman;font-size:10pt;' >relationships, and third party contracts for each of the five succeeding years commencing January 1, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > is as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2017</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >24,795</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2018</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,541</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2019</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,202</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2020</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,404</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2021</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,032</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >We are a </font><font style='font-family:Times New Roman;font-size:10pt;' >tenant under ground leases for certain </font><font style='font-family:Times New Roman;font-size:10pt;' >properties. Amortization of these acquired below-market leases, net of above-market leases</font><font style='font-family:Times New Roman;font-size:10pt;' >, resulted in an</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >crease to rent </font><font style='font-family:Times New Roman;font-size:10pt;' >expense </font><font style='font-family:Times New Roman;font-size:10pt;' >of $</font><font style='font-family:Times New Roman;font-size:10pt;' >458</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >458</font><font style='font-family:Times New Roman;font-size:10pt;' >,000 for the three months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively, and $</font><font style='font-family:Times New Roman;font-size:10pt;' >916</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >916</font><font style='font-family:Times New Roman;font-size:10pt;' >,000 for the </font><font style='font-family:Times New Roman;font-size:10pt;' >six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Estimated </font><font style='font-family:Times New Roman;font-size:10pt;' >annual amortization of these below-market leases</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of above-market leases</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > for each of the </font><font style='font-family:Times New Roman;font-size:10pt;' >five succeeding </font><font style='font-family:Times New Roman;font-size:10pt;' >years commencing January 1, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > is as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2017</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2018</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2019</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2020</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2021</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div> 404473000 600722000 311197000 289525000 415261000 643488000 325340000 318148000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >The following summarizes our identified intangible assets (primarily above-market leases) and liabilities (primarily acquired below-market leases) as of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='5' rowspan='1' style='width:171.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:171.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > Balance as of</font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:81pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:81pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:81pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:81pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Identified intangible assets:</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Gross amount</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >404,473</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >415,261</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Accumulated amortization</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(194,463)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(187,360)</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >210,010</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >227,901</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Identified intangible liabilities (included in deferred revenue):</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Gross amount</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >600,722</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >643,488</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Accumulated amortization</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(311,197)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:74.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(325,340)</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:258.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >289,525</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >318,148</font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div> 12301000 13378000 31937000 44101000 23365000 18287000 45361000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >Estimated annual amortization of acquired bel</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >market leases, net of acquired above-market leases, for each of the five succeeding years commencing January 1, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > is as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2017</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >45,361</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2018</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >44,101</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2019</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31,937</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2020</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,365</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2021</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >18,287</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div> 8066000 5309000 16202000 20541000 11032000 24795000 12404000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >Estimated annual amortization of </font><font style='font-family:Times New Roman;font-size:10pt;' >all other identified intangible assets including acquired in-place leases</font><font style='font-family:Times New Roman;font-size:10pt;' >, customer </font><font style='font-family:Times New Roman;font-size:10pt;' >relationships, and third party contracts for each of the five succeeding years commencing January 1, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > is as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2017</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >24,795</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2018</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,541</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2019</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,202</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2020</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,404</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2021</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,032</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div> 458000 458000 1832000 1832000 1832000 1832000 1832000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >Estimated </font><font style='font-family:Times New Roman;font-size:10pt;' >annual amortization of these below-market leases</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of above-market leases</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > for each of the </font><font style='font-family:Times New Roman;font-size:10pt;' >five succeeding </font><font style='font-family:Times New Roman;font-size:10pt;' >years commencing January 1, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > is as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2017</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2018</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2019</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2020</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:150.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2021</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,832</font></td><td style='width:150.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:150.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:10pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >10. Debt</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >On February 8, 2016, we completed a $700,000,000 refinancing of 770 Broadway, a 1,158,000 square foot Manhattan office building.&#160; The five-year loan is interest only at LIBOR plus&#160;1.75</font><font style='font-family:Times New Roman;font-size:10pt;' >%, (2.21% at </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >) which was swapped for four and a </font><font style='font-family:Times New Roman;font-size:10pt;' >half years to a fixed rate of 2.56%. &#160;The Company realized net proceeds of approximately $330,000,000. The property was previously encumbered by a 5.65%, $353,000,</font><font style='font-family:Times New Roman;font-size:10pt;' >000 mortgage which matured</font><font style='font-family:Times New Roman;font-size:10pt;' > in March 2016.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >On March 15, 2016, we notified the servicer of the $678,000,000 mortgage loan on the Skyline properties in Virginia that cash flow will be insufficient to service the debt and pay other property related costs and expenses and that we were not willing to </font><font style='font-family:Times New Roman;font-size:10pt;' >fund additional cash shortfalls. Accordingly, at our request, the loan has been transferred to the special servicer. Consequently, based on our shortened estimated holding period for the underlying assets, we concluded that the excess of carrying amount o</font><font style='font-family:Times New Roman;font-size:10pt;' >ver our estimate of fair value was not recoverable and recognized a $</font><font style='font-family:Times New Roman;font-size:10pt;' >160,700,000</font><font style='font-family:Times New Roman;font-size:10pt;' > non-cash impairment loss in the first quarter of 2016.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company&#8217;s estimate of fair value was derived from a discounted cash flow model based upon market conditions a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd expectations of growth and utilized unobservable quantitative inputs including a capitalization rate of 8.0% and a discount rate of 8.2%. In the second quarter of 2016, cash flow became insufficient to service the debt and w</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ceased making debt service</font><font style='font-family:Times New Roman;font-size:10pt;' > payments</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Pursuant to the </font><font style='font-family:Times New Roman;font-size:10pt;' >loan </font><font style='font-family:Times New Roman;font-size:10pt;' >agreement</font><font style='font-family:Times New Roman;font-size:10pt;' >, the loan is in default, causing the loan to be immediately due and payable, and is subject to incremental default interest which increased the weighted average interest rate from 2.97% to 4.51% </font><font style='font-family:Times New Roman;font-size:10pt;' >while the outstand</font><font style='font-family:Times New Roman;font-size:10pt;' >ing balance remains unpaid. For the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, we accrued $</font><font style='font-family:Times New Roman;font-size:10pt;' >2,711,000</font><font style='font-family:Times New Roman;font-size:10pt;' > of default </font><font style='font-family:Times New Roman;font-size:10pt;' >interest expense</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >We </font><font style='font-family:Times New Roman;font-size:10pt;' >continue to negotiate with the special servicer. T</font><font style='font-family:Times New Roman;font-size:10pt;' >here can be n</font><font style='font-family:Times New Roman;font-size:10pt;' >o assurance as to the timing or</font><font style='font-family:Times New Roman;font-size:10pt;' > ultimate</font><font style='font-family:Times New Roman;font-size:10pt;' > resolution of th</font><font style='font-family:Times New Roman;font-size:10pt;' >is matter</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following is a summary of our debt</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:267pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:267pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Interest Rate at</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:187.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Balance at</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:90pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:90pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:267pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:267pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Mortgages Payable:</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed rate</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.17</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,571,398</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,356,634</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Variable rate</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2.28</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,281,935</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,258,204</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3.54</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,853,333</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,614,838</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred financing costs, net and other</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(106,515)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(101,125)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,746,818</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,513,713</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:267pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:267pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Unsecured Debt:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Senior unsecured notes</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3.68</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >850,000</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >850,000</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred financing costs, net and other</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,132)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,841)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:233.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:233.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Senior unsecured notes, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >844,868</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >844,159</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured term loan</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.61</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >375,000</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >187,500</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred financing costs, net and other</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,545)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,362)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:233.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:233.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured term loan, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >371,455</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >183,138</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured revolving credit facilities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.51</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >115,630</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >550,000</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,331,953</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,577,297</font></td></tr></table></div> 9853333000 6571398000 3281935000 106515000 850000000 375000000 3545000 1331953000 115630000 1577297000 850000000 550000000 6356634000 3258204000 101125000 187500000 9614838000 4362000 0.0354 0.0417 0.0228 0.0368 0.0161 700000000 1158000 Libor 0.0175 0.0221 0.0256 P05Y 330000000 0.0565 5132000 5841000 678000000 353000000 160700000 P04Y06M <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following is a summary of our debt</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:267pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:267pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Interest Rate at</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:187.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Balance at</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:90pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:90pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:267pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:267pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Mortgages Payable:</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed rate</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.17</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,571,398</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,356,634</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Variable rate</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2.28</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,281,935</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,258,204</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3.54</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,853,333</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,614,838</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred financing costs, net and other</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(106,515)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(101,125)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,746,818</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,513,713</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:267pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:267pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Unsecured Debt:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Senior unsecured notes</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3.68</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >850,000</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >850,000</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred financing costs, net and other</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,132)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,841)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:233.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:233.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Senior unsecured notes, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >844,868</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >844,159</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured term loan</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.61</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >375,000</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >187,500</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred financing costs, net and other</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,545)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,362)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:233.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:233.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured term loan, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >371,455</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >183,138</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:248.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:248.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured revolving credit facilities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.51</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >115,630</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >550,000</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total, net</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:57pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:middle;background-color:#CCFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,331,953</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,577,297</font></td></tr></table></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >11. Redeemable Noncontrolling Interests</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Redeemable noncontrolling interests on our consolidated balance sheets are comprised primarily of Class A Operating Partnership units held by third parties</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > are recorded at the greater of their carrying amount or redemption value at the end of each reporting period. Changes in the value from period to period are charged to &#8220;additional capital&#8221; in our consolidated statements of changes in equity.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Below is a </font><font style='font-family:Times New Roman;font-size:10pt;' >table summarizing the activity of redeemable noncontrolling interests.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance at December 31, 2014</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,337,780</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,485</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other comprehensive loss</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,635)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Distributions</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,734)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Redemption of Class A units for common shares, at redemption value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(43,278)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Adjustments to carry redeemable Class A units at redemption value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(229,521)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Issuance of Series D-17 Preferred Units</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,427</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,370</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance at June 30, 2015</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,092,894</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance at December 31, 2015</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,229,221</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,044</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other comprehensive income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,685</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Distributions</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15,763)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Redemption of Class A units for common shares, at redemption value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(18,208)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Adjustments to carry redeemable Class A units at redemption value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,369</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,149</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance at June 30, 2016</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,245,497</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, the aggregate redemption value of redeemable Class A </font><font style='font-family:Times New Roman;font-size:10pt;' >units was $</font><font style='font-family:Times New Roman;font-size:10pt;' >1,240,069</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and $</font><font style='font-family:Times New Roman;font-size:10pt;' >1,223,793</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' >000</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >respectively. </font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Redeemable noncontrolling interests exclude our Series G-1 through G-4 convertible preferred units and Series D-13 cumulative redeemable preferred units, as they are accounted for as liabilities in accordance with ASC 480, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Distinguishing Liabilities and </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Equity</font><font style='font-family:Times New Roman;font-size:10pt;' >, because of their possible settlement by issuing a variable number of Vornado common shares. </font><font style='font-family:Times New Roman;font-size:10pt;' >Accordingly, the fair value of these units is included as a component of &#8220;other liabilities&#8221; on our consolidated balance </font><font style='font-family:Times New Roman;font-size:10pt;' >sheets and </font><font style='font-family:Times New Roman;font-size:10pt;' >aggregated $</font><font style='font-family:Times New Roman;font-size:10pt;' >50,561</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Changes in the value from period to period</font><font style='font-family:Times New Roman;font-size:10pt;' >, if any, </font><font style='font-family:Times New Roman;font-size:10pt;' >are charged to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >interest and debt expense</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n our consolidated statements of </font><font style='font-family:Times New Roman;font-size:10pt;' >income</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div> 25370000 1092894000 21149000 43278000 229521000 18208000 -20369000 1337780000 14734000 15763000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Below is a </font><font style='font-family:Times New Roman;font-size:10pt;' >table summarizing the activity of redeemable noncontrolling interests.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance at December 31, 2014</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,337,780</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,485</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other comprehensive loss</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,635)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Distributions</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,734)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Redemption of Class A units for common shares, at redemption value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(43,278)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Adjustments to carry redeemable Class A units at redemption value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(229,521)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Issuance of Series D-17 Preferred Units</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,427</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,370</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance at June 30, 2015</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,092,894</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance at December 31, 2015</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,229,221</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,044</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other comprehensive income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,685</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Distributions</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15,763)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Redemption of Class A units for common shares, at redemption value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(18,208)</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Adjustments to carry redeemable Class A units at redemption value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,369</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,149</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance at June 30, 2016</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,245,497</font></td><td style='width:83.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div> 1240069000 1223793000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:10pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >12. Accumulated Other Comprehensive Income (&#8220;AOCI&#8221;)</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following tables set forth the changes in accumulated other comprehensive income by component.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Pro rata share of</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >available-</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >nonconsolidated</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >rate</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >for-sale</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >subsidiaries&#39; OCI</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >swaps</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of March 31, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >53,399</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >89,542</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,313)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,563)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,267)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >OCI before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,157</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >28,019</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(628)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,975)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,259)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net current period OCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,157</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >28,019</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(628)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,975)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,259)</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of June 30, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >72,556</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >117,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,941)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(30,538)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,526)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18pt;text-align:left;vertical-align:top;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:165pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of March 31, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >72,609</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >112,442</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,835)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,579)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,419)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >OCI before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(21,996)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(25,000)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,191)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,849</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,346</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net current period OCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(21,996)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(25,000)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,191)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,849</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,346</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of June 30, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,613</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >87,442</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10,026)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,730)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,073)</font></td></tr><tr style='height:15.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of December 31, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >46,921</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >78,448</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,319)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(19,368)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,840)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >OCI before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,635</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,113</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(622)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,170)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,686)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net current period OCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,635</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,113</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(622)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,170)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,686)</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of June 30, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >72,556</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >117,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,941)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(30,538)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,526)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18pt;text-align:left;vertical-align:top;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:165pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of December 31, 2014</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >93,267</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >133,774</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,992)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(25,803)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,712)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >OCI before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(42,654)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(46,332)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,034)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,073</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,639</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net current period OCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(42,654)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(46,332)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,034)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,073</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,639</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of June 30, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,613</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >87,442</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10,026)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,730)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,073)</font></td></tr></table></div> 117561000 -9941000 -30538000 -4526000 50613000 87442000 -10026000 -23730000 -3073000 -21996000 -25000000 -1191000 2849000 1346000 -1259000 19157000 -628000 -6975000 -21996000 19157000 -25000000 28019000 -628000 -1191000 2849000 -6975000 1346000 -1259000 0 0 0 0 0 0 0 0 0 0 93267000 133774000 78448000 28019000 -9319000 -8992000 -25803000 -19368000 -5712000 -2840000 72609000 -8835000 -26579000 -4419000 112442000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following tables set forth the changes in accumulated other comprehensive income by component.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Pro rata share of</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >available-</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >nonconsolidated</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >rate</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >for-sale</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >subsidiaries&#39; OCI</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >swaps</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of March 31, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >53,399</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >89,542</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,313)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,563)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,267)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >OCI before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,157</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >28,019</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(628)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,975)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,259)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net current period OCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,157</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >28,019</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(628)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,975)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,259)</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of June 30, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >72,556</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >117,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,941)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(30,538)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,526)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18pt;text-align:left;vertical-align:top;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:165pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of March 31, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >72,609</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >112,442</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,835)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,579)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,419)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >OCI before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(21,996)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(25,000)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,191)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,849</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,346</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net current period OCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(21,996)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(25,000)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,191)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,849</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,346</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of June 30, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,613</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >87,442</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10,026)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,730)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,073)</font></td></tr><tr style='height:15.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of December 31, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >46,921</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >78,448</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,319)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(19,368)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,840)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >OCI before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,635</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,113</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(622)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,170)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,686)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net current period OCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,635</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,113</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(622)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,170)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,686)</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of June 30, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >72,556</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >117,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,941)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(30,538)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,526)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18pt;text-align:left;vertical-align:top;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:165pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:justify;vertical-align:middle;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of December 31, 2014</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >93,267</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >133,774</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,992)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(25,803)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,712)</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >OCI before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(42,654)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(46,332)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,034)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,073</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,639</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net current period OCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(42,654)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(46,332)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,034)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,073</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,639</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:194.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:194.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Balance as of June 30, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,613</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >87,442</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10,026)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,730)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,073)</font></td></tr></table></div> <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >13. Variable Interest Entities</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >At June 30, 2016 and December 31, 2015, we have several unconsolidated VIEs</font><font style='font-family:Times New Roman;font-size:10pt;' >. We do not consolidate these entities because we are not the primary beneficiary and the nature of our involvement in the activities of these entities does not give us power over decisions that significantly affect these entities&#8217; economic performance. </font><font style='font-family:Times New Roman;font-size:10pt;' >We account for our investment in these entities under the equity method (see Note 7 &#8211; </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Investments in Partially Owned Entities</font><font style='font-family:Times New Roman;font-size:10pt;' >). As of June 30, 2016 and December 31, 2015, the net carrying amounts of our investment in these entities </font><font style='font-family:Times New Roman;font-size:10pt;' >were $</font><font style='font-family:Times New Roman;font-size:10pt;' >394,866,000</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and $</font><font style='font-family:Times New Roman;font-size:10pt;' >379,939,000</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >respectively, and our maximum exposure to loss in these entities, is limited to our investments.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >We adopted ASU 2015-02 on January 1, 2016 which resulted in the identification of several VIEs at </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Prior to </font><font style='font-family:Times New Roman;font-size:10pt;' >the adoption of ASU 2015-02, these entities were consolidated under the voting interest model. Our most significant consolidated VIEs are our Operating Partnership, real estate fund investments, and certain properties that have non-controlling interests. </font><font style='font-family:Times New Roman;font-size:10pt;' > These entities are VIEs because the non-controlling interests do not have substantive kick-out or participating rights. We consolidate these entities because we control all significant business activities.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >We conduct our business through, and all of our</font><font style='font-family:Times New Roman;font-size:10pt;' > assets and liabilities are held by, our Operating Partnership which is a VIE.</font></p></div> 394866000 379939000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:12pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >14. Fair Value Measurements</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >ASC 820</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >defines fair value and establishes a framework for measuring fair value. The objective of fair value is to determine the price that would be received upon the sale of an asset or paid to transfer a liability in</font><font style='font-family:Times New Roman;font-size:10pt;' > an orderly transaction between market participants at the measurement date (the exit price).</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ASC 820 establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels: Level 1 &#8211; quoted pri</font><font style='font-family:Times New Roman;font-size:10pt;' >ces (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities; Level 2 &#8211; observable prices that are based on inputs not quoted in active markets, but corroborated by market data; and Level 3 &#8211; unobservable inputs </font><font style='font-family:Times New Roman;font-size:10pt;' >that are used when little or no market data is available. The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. </font><font style='font-family:Times New Roman;font-size:10pt;' >In determining fair value, we utilize valuation techniques that maximize the use of o</font><font style='font-family:Times New Roman;font-size:10pt;' >bservable inputs and minimize the use of unobservable inputs to the extent possible, as well as consider counterparty credit risk in our assessment of fair value. Considerable judgment is necessary to interpret Level 2 and 3 inputs in determining the fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value of our financial and non-financial assets and liabilities. Accordingly, our fair value estimates, which are made at the end of each reporting period, may be different than the amounts that may ultimately be realized upon sale or disposition of thes</font><font style='font-family:Times New Roman;font-size:10pt;' >e assets. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:20pt;' >Financial Assets and Li</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >abilities Measured at Fair Value on a Recurring Basis</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >Financial assets and liabilities t</font><font style='font-family:Times New Roman;font-size:10pt;' >hat are measured at fair value o</font><font style='font-family:Times New Roman;font-size:10pt;' >n our consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >balance sheets</font><font style='font-family:Times New Roman;font-size:10pt;' > consist of (i) marketable securities, (ii) </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >eal </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >state </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >und inv</font><font style='font-family:Times New Roman;font-size:10pt;' >estments</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > (iii) the assets in our deferred compensation plan</font><font style='font-family:Times New Roman;font-size:10pt;' > (for which there is a corresponding liability on our consolidated balance sheet)</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >(iv)</font><font style='font-family:Times New Roman;font-size:10pt;' > mandatorily redeemable instruments (Series G-1 through G-4 convertible preferred units and Series D-13 cumul</font><font style='font-family:Times New Roman;font-size:10pt;' >ative redeemable preferred units)</font><font style='font-family:Times New Roman;font-size:10pt;' >, and (v) interest rate swaps</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The tables below aggregate the fair values of these financial assets and liabilities by their level</font><font style='font-family:Times New Roman;font-size:10pt;' >s in the fair value hierarchy as of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and December 3</font><font style='font-family:Times New Roman;font-size:10pt;' >1, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='11' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >As of June 30, 2016</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 1</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 2</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 3</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Marketable securities </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >194,489</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >194,489</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Real estate fund investments</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,150</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,150</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred compensation plan assets (included in other assets)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >119,292</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >59,152</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >60,140</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:259.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:259.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total assets</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >837,931</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >253,641</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >584,290</font></td></tr><tr style='height:8.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mandatorily redeemable instruments (included in other liabilities)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest rate swaps (included in other liabilities)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31,900</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31,900</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:259.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:259.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total liabilities</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >82,461</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31,900</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:8.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='11' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >As of December 31, 2015</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 1</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 2</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 3</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Marketable securities </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >150,997</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >150,997</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Real estate fund investments</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >574,761</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >574,761</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred compensation plan assets (included in other assets)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >117,475</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >58,289</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >59,186</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:259.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:259.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total assets</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >843,233</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >209,286</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >633,947</font></td></tr><tr style='height:8.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mandatorily redeemable instruments (included in other liabilities)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest rate swaps (included in other liabilities)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,600</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,600</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:259.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:259.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total liabilities</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >70,161</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,600</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:18pt;' >Financial Assets and Li</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >abilities Measured at Fair Value on a Recurring Basis</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > - continued</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:18pt;' >Real Estate Fund Investments</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >At </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, we </font><font style='font-family:Times New Roman;font-size:10pt;' >had six real </font><font style='font-family:Times New Roman;font-size:10pt;' >estate fund investments </font><font style='font-family:Times New Roman;font-size:10pt;' >with an aggregate fair value of $</font><font style='font-family:Times New Roman;font-size:10pt;' >524,150</font><font style='font-family:Times New Roman;font-size:10pt;' >,000, or $2</font><font style='font-family:Times New Roman;font-size:10pt;' >15</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' >215</font><font style='font-family:Times New Roman;font-size:10pt;' >,000 in </font><font style='font-family:Times New Roman;font-size:10pt;' >excess of cost. These investments are classified as Level 3. We use a discounted cash flow valuation technique to estimate the fair value of each of these investments, which is update</font><font style='font-family:Times New Roman;font-size:10pt;' >d quarterly by personnel responsible for the management of each investment and reviewed by senior management at each reporting period. The discounted cash flow valuation technique requires us to estimate cash flows for each investment over the anticipated</font><font style='font-family:Times New Roman;font-size:10pt;' > holding period, which currently ranges </font><font style='font-family:Times New Roman;font-size:10pt;' >from 1.0 to 4.5 </font><font style='font-family:Times New Roman;font-size:10pt;' >years. Cash flows are derived from property rental revenue (base rents plus reimbursements) less operating expenses, real estate taxes and capital and other costs, plus projected sales proceeds in th</font><font style='font-family:Times New Roman;font-size:10pt;' >e year of exit. Property rental revenue is based on leases currently </font><font style='font-family:Times New Roman;font-size:10pt;' >in place and our estimates for future leasing activity, which are based on current market rents for similar space plus a projected </font><font style='font-family:Times New Roman;font-size:10pt;' >growth factor. Similarly, estimated operating expenses</font><font style='font-family:Times New Roman;font-size:10pt;' > and real estate taxes are based on amounts incurred in the current period plus a projected growth factor for future periods. Anticipated sales proceeds at the end of an investment&#8217;s expected holding period are determined based on the net cash flow of the</font><font style='font-family:Times New Roman;font-size:10pt;' > investment in the year of exit, divided by a terminal capitalization rate, less estimated selling costs. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The fair value of each property is calculated by discounting the future cash flows (including the projected sales proceeds), using an appropriate d</font><font style='font-family:Times New Roman;font-size:10pt;' >iscount rate and then reduced by the property&#8217;s outstanding debt, if any, to determine the fair value of the equity in each investment. Significant unobservable quantitative inputs used in determining the fair value of each investment include capitalizatio</font><font style='font-family:Times New Roman;font-size:10pt;' >n rates and discount rates. These rates are based on the location, type and nature of each property, and current and anticipated market conditions, industry publications and from the experience of our Acquisitions and Capital Markets departments. </font><font style='font-family:Times New Roman;font-size:10pt;' >Signifi</font><font style='font-family:Times New Roman;font-size:10pt;' >cant unobservable quantitative inputs in the table below were utilized in determining the fair value of these real estate fund investments at </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Weighted Average</font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Range</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(based on fair value of investments) </font></td></tr><tr style='height:11.25pt;' ><td colspan='3' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Unobservable Quantitative Input</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:138.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:138.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Discount rates</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12.0% to 14.9%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12.0% to 14.9%</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13.7% </font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13.6% </font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:138.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:138.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Terminal capitalization rates</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.8% to 6.1%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.8% to 6.1%</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5.5% </font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5.5% </font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The above inputs are subject to change based on changes in economic and market conditions and/or changes in use or timing of exit.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Changes in discount rates and terminal capitalization rates result in increases or decreases in the fair values of these </font><font style='font-family:Times New Roman;font-size:10pt;' >investments. The discount rates encompass, among other things, uncertainties in the valuation models with respect to terminal capitalization rates and the amount and timing of cash flows. Therefore, a change in the fair value of these investments resulti</font><font style='font-family:Times New Roman;font-size:10pt;' >ng from a change in the terminal capitalization rate, may be partially offset by a change in the discount rate.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >It is not possible for us to predict the effect of future economic or market conditions on our estimated fair values. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The table below summar</font><font style='font-family:Times New Roman;font-size:10pt;' >izes the changes in the fair value of </font><font style='font-family:Times New Roman;font-size:10pt;' >real estate fund</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nvestments</font><font style='font-family:Times New Roman;font-size:10pt;' > that are classified as Level 3,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >for the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:164.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:164.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:164.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:164.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:170.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:170.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Beginning balance</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >566,696</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >554,426</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >574,761</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >513,973</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >95,000</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Dispositions / distributions</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(57,212)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,235)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(71,888)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(83,421)</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net unrealized gains</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,666</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,332</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,855</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,545</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net realized gains</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >886</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >422</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,312</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,433)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,433)</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Ending balance</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,150</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >565,976</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,150</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >565,976</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:170.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:170.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:18pt;' >Financial Assets and Liabilities Measured at Fair Value</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > on a Recurring Basis</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > - continued</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:18pt;' >Deferred Compensation Plan Assets</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Deferred compensation plan assets </font><font style='font-family:Times New Roman;font-size:10pt;' >that </font><font style='font-family:Times New Roman;font-size:10pt;' >are classified as </font><font style='font-family:Times New Roman;font-size:10pt;' >L</font><font style='font-family:Times New Roman;font-size:10pt;' >evel 3 consist of investments in limited partnerships and investment funds, which are managed by third parties. We receive quarterly financial reports from a third-party administrator, which are compiled from the quarterly reports provided to them from ea</font><font style='font-family:Times New Roman;font-size:10pt;' >ch limited partnership and investment fund. The quarterly reports </font><font style='font-family:Times New Roman;font-size:10pt;' >provide</font><font style='font-family:Times New Roman;font-size:10pt;' > net asset values on a fair value basis </font><font style='font-family:Times New Roman;font-size:10pt;' >which </font><font style='font-family:Times New Roman;font-size:10pt;' >are audited by independent public accounting firms on an annual basis. The third-party administrator does not adjust these values in de</font><font style='font-family:Times New Roman;font-size:10pt;' >termining our share of the net assets</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and we do not adjust these values when report</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' > in our consolidated financial statements</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The table below summarizes the changes in the fair value of </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >eferred </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ompensation </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >lan </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ssets</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >that are classified as Level 3, </font><font style='font-family:Times New Roman;font-size:10pt;' >for the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:164.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:164.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:164.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:164.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:170.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:170.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Beginning balance</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >57,184</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >64,836</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >59,186</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >63,315</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,106</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,607</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,272</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,231</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Sales</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(779)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,655)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,151)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,093)</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Realized and unrealized gain</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,219</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,387</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >312</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,722</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >410</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >493</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >521</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >493</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Ending balance</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >60,140</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,668</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >60,140</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,668</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:18pt;' >Financial Assets and Liabilities not </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Measured</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > at Fair Value </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >Financial assets and liabilities that are not measured at fair value on our consolidated balance sheets include cash equivalents (primarily money</font><font style='font-family:Times New Roman;font-size:10pt;' > market funds, which invest in obligations of the United States government), and our secured and unsecured debt. Estimates of the fair value of these instruments are determined by the standard practice of modeling the contractual cash flows required under</font><font style='font-family:Times New Roman;font-size:10pt;' > the instrument and discounting them back to their present value at the appropriate current risk adjusted interest rate, which is provided by a third-party specialist. For floating rate debt, we use forward rates derived from observable market yield curve</font><font style='font-family:Times New Roman;font-size:10pt;' >s to project the expected cash flows we would be required to make under the instrument. The fair value of cash equivalents and borrowings under our unsecured revolving credit facilities and unsecured term loan are classified as Level 1. The fair value of</font><font style='font-family:Times New Roman;font-size:10pt;' > our secured and unsecured </font><font style='font-family:Times New Roman;font-size:10pt;' >debt </font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >lassifie</font><font style='font-family:Times New Roman;font-size:10pt;' >d as Level 2</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The table below summarizes the carrying amounts and fair value of these financial instruments as of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='5' rowspan='1' style='width:167.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >As of June 30, 2016</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:167.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >As of December 31, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Carrying </font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Carrying </font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash equivalents</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,134,521</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,135,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,295,980</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,296,000</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Debt:</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgages payable</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,853,333</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,277,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,614,838</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,306,000</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Senior unsecured notes</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >850,000</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >894,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >850,000</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >868,000</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured term loan</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >375,000</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >375,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >187,500</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,000</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured revolving credit facilities</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >115,630</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >116,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >550,000</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >550,000</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,193,963</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,662,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,202,338</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,912,000</font></td></tr><tr style='height:6.75pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:6.75pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font></td><td colspan='12' rowspan='1' style='width:517.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:517.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Excludes $115,192 and $111,328 of deferred financing costs, net and other as of June 30, 2016 and December 31, 2015, respectively.</font></td></tr></table></div> 843233000 50561000 58289000 209286000 50561000 0 0 0 59186000 633947000 0 117475000 59152000 0 60140000 119292000 837931000 253641000 0 584290000 50561000 50561000 0 0 82461000 50561000 31900000 0 70161000 50561000 19600000 0 31900000 0 31900000 0 19600000 0 19600000 0 194489000 194489000 0 0 150997000 150997000 0 0 524150000 574761000 0 0 0 0 524150000 574761000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >The tables below aggregate the fair values of these financial assets and liabilities by their level</font><font style='font-family:Times New Roman;font-size:10pt;' >s in the fair value hierarchy as of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and December 3</font><font style='font-family:Times New Roman;font-size:10pt;' >1, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='11' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >As of June 30, 2016</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 1</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 2</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 3</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Marketable securities </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >194,489</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >194,489</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Real estate fund investments</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,150</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,150</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred compensation plan assets (included in other assets)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >119,292</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >59,152</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >60,140</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:259.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:259.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total assets</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >837,931</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >253,641</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >584,290</font></td></tr><tr style='height:8.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mandatorily redeemable instruments (included in other liabilities)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest rate swaps (included in other liabilities)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31,900</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31,900</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:259.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:259.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total liabilities</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >82,461</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31,900</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:8.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='11' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >As of December 31, 2015</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 1</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 2</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Level 3</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Marketable securities </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >150,997</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >150,997</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Real estate fund investments</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >574,761</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >574,761</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred compensation plan assets (included in other assets)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >117,475</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >58,289</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >59,186</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:259.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:259.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total assets</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >843,233</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >209,286</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >633,947</font></td></tr><tr style='height:8.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:177pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:177pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mandatorily redeemable instruments (included in other liabilities)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:278.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest rate swaps (included in other liabilities)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,600</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,600</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:259.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:259.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total liabilities</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >70,161</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,600</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr></table></div> 0.12 0.061 0.149 0.137 0.055 0.12 0.149 0.061 0.048 0.055 0.136 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Signifi</font><font style='font-family:Times New Roman;font-size:10pt;' >cant unobservable quantitative inputs in the table below were utilized in determining the fair value of these real estate fund investments at </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Weighted Average</font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Range</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(based on fair value of investments) </font></td></tr><tr style='height:11.25pt;' ><td colspan='3' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Unobservable Quantitative Input</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:138.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:138.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Discount rates</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12.0% to 14.9%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12.0% to 14.9%</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13.7% </font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13.6% </font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:138.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:138.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Terminal capitalization rates</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.8% to 6.1%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.8% to 6.1%</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5.5% </font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5.5% </font></td></tr></table></div> 0 14666000 57212000 23332000 0 11235000 0 886000 1433000 0 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The table below summar</font><font style='font-family:Times New Roman;font-size:10pt;' >izes the changes in the fair value of </font><font style='font-family:Times New Roman;font-size:10pt;' >real estate fund</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nvestments</font><font style='font-family:Times New Roman;font-size:10pt;' > that are classified as Level 3,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >for the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:164.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:164.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:164.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:164.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:170.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:170.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Beginning balance</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >566,696</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >554,426</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >574,761</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >513,973</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >95,000</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Dispositions / distributions</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(57,212)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,235)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(71,888)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(83,421)</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net unrealized gains</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,666</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,332</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,855</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,545</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net realized gains</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >886</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >422</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,312</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,433)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,433)</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Ending balance</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,150</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >565,976</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,150</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >565,976</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:170.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:170.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div> 1106000 779000 -410000 -493000 5607000 4655000 2219000 1387000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The table below summarizes the changes in the fair value of </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >eferred </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ompensation </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >lan </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ssets</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >that are classified as Level 3, </font><font style='font-family:Times New Roman;font-size:10pt;' >for the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:164.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:164.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:164.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:164.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:170.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:170.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:74.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Beginning balance</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >57,184</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >64,836</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >59,186</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >63,315</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,106</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,607</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,272</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,231</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Sales</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(779)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,655)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,151)</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,093)</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Realized and unrealized gain</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,219</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,387</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >312</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,722</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >410</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >493</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >521</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >493</font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Ending balance</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >60,140</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,668</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >60,140</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,668</font></td></tr></table></div> 1135000000 894000000 116000000 10662000000 1134521000 850000000 115630000 11193963000 11202338000 868000000 10912000000 1296000000 1295980000 550000000 850000000 550000000 9853333000 9277000000 9306000000 9614838000 187500000 188000000 375000000 375000000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >The table below summarizes the carrying amounts and fair value of these financial instruments as of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='5' rowspan='1' style='width:167.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >As of June 30, 2016</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:167.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >As of December 31, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Carrying </font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Carrying </font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash equivalents</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,134,521</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,135,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,295,980</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,296,000</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Debt:</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgages payable</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,853,333</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,277,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,614,838</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,306,000</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Senior unsecured notes</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >850,000</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >894,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >850,000</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >868,000</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured term loan</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >375,000</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >375,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >187,500</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,000</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Unsecured revolving credit facilities</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >115,630</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >116,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >550,000</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >550,000</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,193,963</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,662,000</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,202,338</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,912,000</font></td></tr><tr style='height:6.75pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:6.75pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font></td><td colspan='12' rowspan='1' style='width:517.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:517.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Excludes $115,192 and $111,328 of deferred financing costs, net and other as of June 30, 2016 and December 31, 2015, respectively.</font></td></tr></table></div> 21786000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >15</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. Incentive Compensation</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Our 2010 Omnibus Share Plan (the &#8220;Plan&#8221;) provides for grants of incentive and non-qualified stock options, restricted </font><font style='font-family:Times New Roman;font-size:10pt;' >shares</font><font style='font-family:Times New Roman;font-size:10pt;' >, restricted Operating Partnership units and </font><font style='font-family:Times New Roman;font-size:10pt;' >O</font><font style='font-family:Times New Roman;font-size:10pt;' >ut-</font><font style='font-family:Times New Roman;font-size:10pt;' >P</font><font style='font-family:Times New Roman;font-size:10pt;' >erformance </font><font style='font-family:Times New Roman;font-size:10pt;' >P</font><font style='font-family:Times New Roman;font-size:10pt;' >lan a</font><font style='font-family:Times New Roman;font-size:10pt;' >wards to certain of our employees and officers. We account for all </font><font style='font-family:Times New Roman;font-size:10pt;' >equity</font><font style='font-family:Times New Roman;font-size:10pt;' >-based compensa</font><font style='font-family:Times New Roman;font-size:10pt;' >tion in accordance with ASC 718</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Equity</font><font style='font-family:Times New Roman;font-size:10pt;' >-based compensation expense </font><font style='font-family:Times New Roman;font-size:10pt;' >was</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >7,215,000</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and $</font><font style='font-family:Times New Roman;font-size:10pt;' >6,685,000</font><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >for the three months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > respectively, </font><font style='font-family:Times New Roman;font-size:10pt;' >and $</font><font style='font-family:Times New Roman;font-size:10pt;' >21,786,000</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >26,827,000</font><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >for</font><font style='font-family:Times New Roman;font-size:10pt;' > the </font><font style='font-family:Times New Roman;font-size:10pt;' >six</font><font style='font-family:Times New Roman;font-size:10pt;' > months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:10pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >16</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. Fee and Othe</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >r Income </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following table sets forth the details of fee and other income:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > </font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >BMS cleaning fees</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >18,794</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,741</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >36,940</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >44,374</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Management and leasing fees</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,604</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,274</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,403</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,466</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Lease termination fees</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,199</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,893</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,604</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,640</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other income</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,092</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,322</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,712</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,357</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >33,689</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,230</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,659</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >78,837</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Management and leasing fees include management fees from Interstate Properties, a related party, of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >128,000</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >132,000</font><font style='font-family:Times New Roman;font-size:10pt;' > for the three months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, and $</font><font style='font-family:Times New Roman;font-size:10pt;' >262,000</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >271,000</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >for the six months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. The above table excludes fee income from partially </font><font style='font-family:Times New Roman;font-size:10pt;' >owned </font><font style='font-family:Times New Roman;font-size:10pt;' >entities, which is included in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >income (loss)</font><font style='font-family:Times New Roman;font-size:10pt;' > from partially owned entities&#8221; (see Note 7</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8211; </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Investments </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >in Partially Owned Entities</font><font style='font-family:Times New Roman;font-size:10pt;' >).</font></p></div> 18794000 4604000 3199000 7092000 21741000 4274000 2893000 10322000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following table sets forth the details of fee and other income:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > </font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >BMS cleaning fees</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >18,794</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,741</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >36,940</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >44,374</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Management and leasing fees</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,604</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,274</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,403</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,466</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Lease termination fees</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,199</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,893</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,604</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,640</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other income</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,092</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,322</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,712</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,357</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >33,689</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,230</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,659</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >78,837</font></td></tr></table></div> 128000 132000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >17</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. Interest and Other Investment</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Income</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >,</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > N</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >et</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following table sets forth the details of interest and other investment</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >income</font><font style='font-family:Times New Roman;font-size:10pt;' >, net</font><font style='font-family:Times New Roman;font-size:10pt;' >: </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Dividends on marketable securities</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,230</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,202</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,445</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,405</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mark-to-market income (loss) of investments in</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >our deferred compensation plan</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,359</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(609)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,421</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,250</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest on loans receivable</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >748</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,135</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,496</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,959</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,899</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,938</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,392</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,844</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,236</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,666</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13,754</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,458</font></td></tr><tr style='height:7.5pt;' ><td colspan='2' rowspan='1' style='width:180pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:23.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='13' rowspan='1' style='width:521.25pt;text-align:justify;vertical-align:top;border-color:Black;min-width:521.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >This income (loss) is entirely offset by the income (expense) resulting from the mark-to-market of the deferred compensation plan liability, which is included in &quot;general and administrative&quot; expense.</font></td></tr></table></div> 3202000 1135000 1938000 748000 3230000 1899000 4359000 -609000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following table sets forth the details of interest and other investment</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >income</font><font style='font-family:Times New Roman;font-size:10pt;' >, net</font><font style='font-family:Times New Roman;font-size:10pt;' >: </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Dividends on marketable securities</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,230</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,202</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,445</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,405</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mark-to-market income (loss) of investments in</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >our deferred compensation plan</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,359</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(609)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,421</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,250</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest on loans receivable</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >748</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,135</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,496</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,959</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other, net</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,899</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,938</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,392</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,844</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,236</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,666</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13,754</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,458</font></td></tr><tr style='height:7.5pt;' ><td colspan='2' rowspan='1' style='width:180pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:23.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='13' rowspan='1' style='width:521.25pt;text-align:justify;vertical-align:top;border-color:Black;min-width:521.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >This income (loss) is entirely offset by the income (expense) resulting from the mark-to-market of the deferred compensation plan liability, which is included in &quot;general and administrative&quot; expense.</font></td></tr></table></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >18</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. Interest and </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Debt Expense</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following table sets forth the details of interest and </font><font style='font-family:Times New Roman;font-size:10pt;' >debt expense</font><font style='font-family:Times New Roman;font-size:10pt;' >: </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest expense</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >104,435</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >96,297</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >204,730</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >191,625</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amortization of deferred financing costs</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,508</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,497</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >17,773</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,953</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capitalized interest and debt expense</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,367)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,702)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(16,438)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22,812)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >105,576</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >92,092</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >206,065</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >183,766</font></td></tr></table></div> 7497000 96297000 8508000 104435000 7367000 11702000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The following table sets forth the details of interest and </font><font style='font-family:Times New Roman;font-size:10pt;' >debt expense</font><font style='font-family:Times New Roman;font-size:10pt;' >: </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30,</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest expense</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >104,435</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >96,297</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >204,730</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >191,625</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Amortization of deferred financing costs</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,508</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,497</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >17,773</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,953</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capitalized interest and debt expense</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,367)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,702)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(16,438)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22,812)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >105,576</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >92,092</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >206,065</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >183,766</font></td></tr></table></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >19.</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > Income </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Per</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > Share</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >The following table provides a reconciliation of both net income and the number of common shares used in the computation of (i) basic </font><font style='font-family:Times New Roman;font-size:10pt;' >income per common share - which includes the weighted average number of common shares outstanding without regard to dilutive potential common shares, and (ii) diluted income per common share - which includes the weighted average common shares and dilutive </font><font style='font-family:Times New Roman;font-size:10pt;' >share equivalents. Dilutive share equivalents may include our Series A convertible preferred shares, employee stock options, restricted stock awards and Out-Performance Plan awards.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands, except per share amounts)</font></td><td colspan='5' rowspan='1' style='width:132pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Numerator:</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations, net of income</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >attributable to noncontrolling interests</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >238,504</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,359</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >144,033</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >275,207</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from discontinued operations, net of income</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >attributable to noncontrolling interests</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,322</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(343)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,994</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,886</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to Vornado</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >240,826</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,016</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >147,027</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >290,093</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Preferred share dividends</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(20,363)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(20,365)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(40,727)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(39,849)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to common shareholders</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >220,463</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >165,651</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >106,300</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250,244</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Earnings allocated to unvested participating securities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(25)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(18)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(30)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(34)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Numerator for basic income per share</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >220,438</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >165,633</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >106,270</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250,210</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Impact of assumed conversions:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Convertible preferred share dividends</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >46</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Earnings allocated to Out-Performance Plan units</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >24</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >367</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Numerator for diluted income per share</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >220,459</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >165,656</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >106,294</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250,623</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Denominator:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Denominator for basic income per share &#8211; weighted average shares</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,772</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,365</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,715</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,183</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Effect of dilutive securities</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}<font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Employee stock options and restricted share awards</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,070</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,190</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,020</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,260</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Convertible preferred shares</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >43</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >45</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >46</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Out-Performance Plan units</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >286</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Denominator for diluted income per share &#8211; weighted average</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >shares and assumed conversions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189,885</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189,600</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >190,000</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189,775</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >INCOME PER COMMON SHARE &#8211; BASIC:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations, net</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.16</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.88</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.54</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.25</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations, net</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.01</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.02</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.08</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income per common share</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.17</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.88</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.56</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.33</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >INCOME PER COMMON SHARE &#8211; DILUTED:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations, net</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.15</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.87</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.54</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.24</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations, net</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.01</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.02</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.08</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income per common share</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.16</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.87</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.56</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.32</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:33.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='14' rowspan='1' style='width:525.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:525.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The effect of dilutive securities for the three months ended June 30, 2016 and 2015 excludes an aggregate of 12,278 and 11,381 weighted average common share equivalents, respectively, and 12,052 and 11,209 weighted average common share equivalents for the six months ended June 30, 2016 and 2015, respectively, as their effect was anti-dilutive.</font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div> 238504000 2322000 186359000 -343000 12278000 11381000 165656000 220459000 18000 25000 165633000 220438000 21000 23000 1190000 1070000 43000 45000 0 0 0 0 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >The following table provides a reconciliation of both net income and the number of common shares used in the computation of (i) basic </font><font style='font-family:Times New Roman;font-size:10pt;' >income per common share - which includes the weighted average number of common shares outstanding without regard to dilutive potential common shares, and (ii) diluted income per common share - which includes the weighted average common shares and dilutive </font><font style='font-family:Times New Roman;font-size:10pt;' >share equivalents. Dilutive share equivalents may include our Series A convertible preferred shares, employee stock options, restricted stock awards and Out-Performance Plan awards.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands, except per share amounts)</font></td><td colspan='5' rowspan='1' style='width:132pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Numerator:</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations, net of income</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >attributable to noncontrolling interests</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >238,504</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,359</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >144,033</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >275,207</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from discontinued operations, net of income</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >attributable to noncontrolling interests</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,322</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(343)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,994</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,886</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to Vornado</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >240,826</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,016</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >147,027</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >290,093</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Preferred share dividends</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(20,363)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(20,365)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(40,727)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(39,849)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to common shareholders</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >220,463</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >165,651</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >106,300</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250,244</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Earnings allocated to unvested participating securities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(25)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(18)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(30)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(34)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Numerator for basic income per share</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >220,438</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >165,633</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >106,270</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250,210</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Impact of assumed conversions:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Convertible preferred share dividends</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >46</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Earnings allocated to Out-Performance Plan units</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >24</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >367</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Numerator for diluted income per share</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >220,459</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >165,656</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >106,294</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250,623</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Denominator:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Denominator for basic income per share &#8211; weighted average shares</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,772</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,365</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,715</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,183</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Effect of dilutive securities</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}<font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Employee stock options and restricted share awards</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,070</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,190</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,020</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,260</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Convertible preferred shares</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >43</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >45</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >46</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Out-Performance Plan units</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >286</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Denominator for diluted income per share &#8211; weighted average</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:241.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:241.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >shares and assumed conversions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189,885</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189,600</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >190,000</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189,775</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >INCOME PER COMMON SHARE &#8211; BASIC:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations, net</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.16</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.88</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.54</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.25</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations, net</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.01</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.02</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.08</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income per common share</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.17</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.88</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.56</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.33</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='4' rowspan='1' style='width:271.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:271.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >INCOME PER COMMON SHARE &#8211; DILUTED:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations, net</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.15</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.87</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.54</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.24</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations, net</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.01</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.02</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.08</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:252.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:252.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income per common share</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.16</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.87</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0.56</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1.32</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:230.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:33.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='14' rowspan='1' style='width:525.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:525.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The effect of dilutive securities for the three months ended June 30, 2016 and 2015 excludes an aggregate of 12,278 and 11,381 weighted average common share equivalents, respectively, and 12,052 and 11,209 weighted average common share equivalents for the six months ended June 30, 2016 and 2015, respectively, as their effect was anti-dilutive.</font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div> 300000000 2000000000 180000000 4000000000 2000000000 0.16 0.84 0.05 4000000000 2000000000 721173000 300000000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:10pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >21. Segment Information</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Below is a summary of net income and a reconciliation of net income to EBITDA</font>^{<font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >(1)</font>}<font style='font-family:Times New Roman;font-size:10pt;' > by segment for the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='13' rowspan='1' style='width:312.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:312.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30, 2016</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >New York</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Washington, DC</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >621,708</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >425,770</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >127,468</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >68,470</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >434,894</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >268,135</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >89,106</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >77,653</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,814</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >157,635</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >38,362</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,183)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from partially owned entities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >642</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,001)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,958)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,601</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,389</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,389</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and other investment income, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,236</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,214</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >34</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,988</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(105,576)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(56,395)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(19,817)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(29,364)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on disposition of wholly owned and partially</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:204.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:204.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >owned assets</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >268,016</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >260,964</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,621</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,569)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,109)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(816)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(318)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(975)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from continuing operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265,907</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >260,148</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,303</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,544)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,475</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,475</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >268,382</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >260,148</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,303</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,069)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less net income attributable to noncontrolling interests</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(27,556)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,397)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(24,159)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss) attributable to Vornado</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >240,826</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >256,751</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,303</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(31,228)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >127,799</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >71,171</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22,641</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >33,987</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and amortization</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >173,352</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >111,314</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,305</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22,733</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,704</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >889</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,205</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,610</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >EBITDA</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >546,681</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >440,125</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >79,454</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(4)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,102</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(5)</font>}</td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='13' rowspan='1' style='width:315.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:315.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >New York</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Washington, DC</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >616,288</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >414,262</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >134,856</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,170</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >422,897</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250,298</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >98,661</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >73,938</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >193,391</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >163,964</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >36,195</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,768)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Loss) income from partially owned entities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,641)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,176</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,805)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,012)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26,368</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26,368</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and other investment income, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,666</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,892</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,761</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(92,092)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(47,173)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(17,483)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(27,436)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >127,692</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >121,859</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,920</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,087)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax benefit (expense)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >88,072</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,095)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(466)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >89,633</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >215,764</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >120,764</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,454</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >78,546</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loss from discontinued operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >215,400</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >120,764</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,454</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >78,182</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less net income attributable to noncontrolling interests</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(29,384)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,552)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,832)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to Vornado</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,016</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >118,212</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,454</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >51,350</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >115,073</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >61,057</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,891</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >33,125</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and amortization</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >163,245</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >95,567</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >47,803</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,875</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax (benefit) expense </font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(87,653)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,152</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >486</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(89,291)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >EBITDA</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >376,681</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >275,988</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >85,634</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(4)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,059</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(5)</font>}</td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='13' rowspan='1' style='width:318.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30, 2016</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >New York</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Washington, DC</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,234,745</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >836,595</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >255,480</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >142,670</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,048,211</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >537,730</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >345,671</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >164,810</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,534</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >298,865</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(90,191)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22,140)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Loss) income from partially owned entities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,598)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,564)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,001)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,967</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,673</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,673</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and other investment income, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13,754</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,329</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >92</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,333</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(206,065)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(110,981)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,752)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(59,332)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on disposition of wholly owned and partially</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:205.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:205.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >owned assets</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >160,225</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >714</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >178,523</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >345,160</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(130,852)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,785)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,940)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,775)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(582)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,583)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from continuing operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >173,583</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >343,385</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(131,434)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(38,368)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,191</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,191</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >176,774</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >343,385</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(131,434)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,177)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less net income attributable to noncontrolling interests</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(29,747)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,826)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22,921)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss) attributable to Vornado</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >147,027</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >336,559</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(131,434)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(58,098)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >253,919</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >142,369</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >42,047</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >69,503</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and amortization</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >348,163</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >219,717</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >81,986</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >46,460</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense </font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,965</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,979</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,470</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,516</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >EBITDA</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >757,074</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >700,624</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,931)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(4)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >61,381</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(5)</font>}</td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:309pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:309pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >New York</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Washington, DC</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,223,090</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >813,775</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >268,824</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >140,491</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >861,985</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >503,058</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >191,658</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >167,269</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >361,105</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >310,717</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >77,166</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,778)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loss from partially owned entities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,384)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,487)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,674)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,223)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,457</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,457</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and other investment income, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,458</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,754</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,678</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(183,766)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(92,524)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,643)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(55,599)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on disposition of wholly owned and partially</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:205.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:205.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >owned assets</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,860</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,860</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >237,730</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >219,460</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,875</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(21,605)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax benefit (expense)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >87,101</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,038)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >208</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >88,931</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >324,831</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >217,422</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >40,083</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,326</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:237.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:237.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations</font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,815</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,815</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >340,646</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >217,422</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >40,083</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >83,141</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less net income attributable to noncontrolling interests</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(50,553)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,058)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(46,495)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to Vornado</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >290,093</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >213,364</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >40,083</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >36,646</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >229,748</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >119,724</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >42,403</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,621</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and amortization</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >319,695</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189,691</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >88,555</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >41,449</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax (benefit) expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(88,392)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,154</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,150)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(88,396)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >EBITDA</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >751,144</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,933</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >168,891</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(4)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >57,320</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(5)</font>}</td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >See notes on the following pages.</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:378.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:378.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Notes to preceding tabular information:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:66.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='17' rowspan='1' style='width:502.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >EBITDA represents &quot;Earnings Before Interest, Taxes, Depreciation and Amortization.&quot; We consider EBITDA a non-GAAP financial measure for making decisions and assessing the unlevered performance of our segments as it relates to the total return on assets as opposed to the levered return on equity. As properties are bought and sold based on a multiple of EBITDA, we utilize this measure to make investment decisions as well as to compare the performance of our assets to that of our peers. EBITDA should not be considered a substitute for net income. EBITDA may not be comparable to similarly titled measures employed by other companies.</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:28.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(2)</font></td><td colspan='17' rowspan='1' style='width:502.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest and debt expense, depreciation and amortization and income tax expense (benefit) in the reconciliation of net income (loss) to EBITDA includes our share of these items from partially owned entities.</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(3)</font></td><td colspan='17' rowspan='1' style='width:502.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The elements of &quot;New York&quot; EBITDA are summarized below.</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Office</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >163,060</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >165,031</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >315,789</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >319,340</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Retail</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >95,615</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >86,151</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,938</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >167,456</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,337</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,709</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,687</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,759</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Alexander&#39;s </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,805</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,241</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,374</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,648</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Hotel Pennsylvania</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,797</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,856</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >325</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,730</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >280,614</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >275,988</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >541,113</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,933</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Gain on sale of 47% ownership interest </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >in 7 West 34th Street</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total New York</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >440,125</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >275,988</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >700,624</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,933</font></td></tr><tr style='height:4.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:27pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font></td><td colspan='16' rowspan='1' style='width:483.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The three and six months ended June 30, 2015 include $3,304 and $6,844, respectively, of EBITDA from 20 Broad Street which was sold in December 2015. Excluding these items, EBITDA was $161,727 and $312,496, respectively.</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(4)</font></td><td colspan='17' rowspan='1' style='width:502.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The elements of &quot;Washington, DC&quot; EBITDA are summarized below. </font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Office, excluding the Skyline properties </font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >63,757</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >68,509</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >124,573</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >135,878</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Skyline properties</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,863</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,984</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,955</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13,039</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Skyline properties impairment loss</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(160,700)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total Office</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >68,620</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >75,493</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,172)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >148,917</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,834</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,141</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,241</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,974</font></td></tr><tr style='height:14.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total Washington, DC</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >79,454</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >85,634</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,931)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >168,891</font></td></tr><tr style='height:6.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:6.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:24.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font></td><td colspan='16' rowspan='1' style='width:483.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The three and six months ended June 30, 2015 include $2,067 and $3,990, respectively, of EBITDA from 1750 Pennsylvania Avenue which was sold in September 2015. Excluding these items, EBITDA was $66,442 and $131,888, respectively.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:381.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:381.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Notes to preceding tabular information - continued:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(5)</font></td><td colspan='16' rowspan='1' style='width:502.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The elements of &quot;Other&quot; EBITDA are summarized below.</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='5' rowspan='1' style='width:132pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Our share of real estate fund investments:</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:212.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:212.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income before net realized/unrealized gains</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,526</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,671</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,757</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,285</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:212.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:212.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net realized/unrealized gains on investments</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,890</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,916</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,451</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,464</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:212.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:212.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Carried interest </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,128</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,909</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,647</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,297</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,544</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,496</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,855</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,046</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >theMART (including trade shows)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,965</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22,144</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >48,993</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >43,185</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >555 California Street</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,117</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,831</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,732</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,232</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >India real estate ventures</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >430</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >375</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,749</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,216</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other investments</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,741</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,424</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,063</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,183</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >60,797</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >55,270</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >114,392</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >107,862</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate general and administrative expenses</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a) (b)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(24,239)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,760)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(54,845)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(59,702)</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Investment income and other, net</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,471</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,446</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,323</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Acquisition and transaction related costs</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,879)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,061)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,486)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,042)</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >UE and residual retail properties discontinued operations</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(c)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,483</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,540</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,204</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,797</font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Our share of impairment loss on India real estate ventures</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,806)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,806)</font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='6' rowspan='1' style='width:238.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:238.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Our share of gains on sale of real estate of partially owned entities</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,513</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,513</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on sale of residential condominiums</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >714</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,860</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to noncontrolling interests in</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:212.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:212.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >the Operating Partnership</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,531)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10,198)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,044)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15,485)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,102</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,059</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >61,381</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >57,320</font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:40.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font></td><td colspan='15' rowspan='1' style='width:483.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The amounts in these captions (for this table only) exclude the results of the mark-to-market of our deferred compensation plan of $4,359 of income and $609 of loss for the three months ended June 30, 2016 and 2015, respectively, and $2,421 and $2,250 of income for the six months ended June 30, 2016 and 2015, respectively.</font></td></tr><tr style='height:28.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(b)</font></td><td colspan='15' rowspan='1' style='width:483.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The six months ended June 30, 2015 includes a cumulative catch up of $4,542 from the acceleration of recognition of compensation expense related to the modification of the 2012-2014 Out-Performance Plans. </font></td></tr><tr style='height:27.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(c)</font></td><td colspan='15' rowspan='1' style='width:483.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The three and six months ended June 30, 2015 include $327 and $22,972, respectively, of transaction costs related to the spin-off of our strip shopping centers and malls. </font></td></tr></table></div> <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Below is a summary of net income and a reconciliation of net income to EBITDA</font>^{<font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >(1)</font>}<font style='font-family:Times New Roman;font-size:10pt;' > by segment for the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='13' rowspan='1' style='width:312.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:312.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30, 2016</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >New York</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Washington, DC</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >621,708</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >425,770</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >127,468</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >68,470</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >434,894</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >268,135</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >89,106</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >77,653</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,814</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >157,635</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >38,362</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,183)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from partially owned entities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >642</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,001)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,958)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,601</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,389</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,389</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and other investment income, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,236</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,214</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >34</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,988</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(105,576)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(56,395)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(19,817)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(29,364)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on disposition of wholly owned and partially</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:204.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:204.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >owned assets</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >268,016</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >260,964</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,621</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,569)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,109)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(816)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(318)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(975)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from continuing operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265,907</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >260,148</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,303</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9,544)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,475</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,475</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >268,382</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >260,148</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,303</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,069)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less net income attributable to noncontrolling interests</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(27,556)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,397)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(24,159)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss) attributable to Vornado</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >240,826</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >256,751</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,303</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(31,228)</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >127,799</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >71,171</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22,641</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >33,987</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and amortization</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >173,352</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >111,314</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,305</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22,733</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,704</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >889</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,205</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,610</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >EBITDA</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >546,681</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >440,125</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >79,454</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(4)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,102</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(5)</font>}</td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='13' rowspan='1' style='width:315.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:315.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended June 30, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:18pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >New York</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Washington, DC</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >616,288</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >414,262</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >134,856</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,170</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >422,897</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250,298</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >98,661</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >73,938</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >193,391</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >163,964</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >36,195</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,768)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Loss) income from partially owned entities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,641)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,176</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,805)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,012)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26,368</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26,368</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and other investment income, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,666</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,892</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,761</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(92,092)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(47,173)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(17,483)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(27,436)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >127,692</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >121,859</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,920</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11,087)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax benefit (expense)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >88,072</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,095)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(466)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >89,633</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >215,764</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >120,764</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,454</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >78,546</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loss from discontinued operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >215,400</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >120,764</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,454</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >78,182</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less net income attributable to noncontrolling interests</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(29,384)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,552)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,832)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to Vornado</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,016</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >118,212</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,454</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >51,350</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >115,073</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >61,057</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,891</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >33,125</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and amortization</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >163,245</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >95,567</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >47,803</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,875</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax (benefit) expense </font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(87,653)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,152</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >486</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(89,291)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >EBITDA</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >376,681</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >275,988</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >85,634</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(4)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,059</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(5)</font>}</td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='13' rowspan='1' style='width:318.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30, 2016</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >New York</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Washington, DC</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,234,745</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >836,595</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >255,480</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >142,670</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,048,211</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >537,730</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >345,671</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >164,810</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186,534</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >298,865</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(90,191)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22,140)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Loss) income from partially owned entities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,598)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,564)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,001)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,967</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,673</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,673</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and other investment income, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13,754</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,329</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >92</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,333</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(206,065)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(110,981)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,752)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(59,332)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on disposition of wholly owned and partially</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:205.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:205.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >owned assets</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >160,225</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >714</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >178,523</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >345,160</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(130,852)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,785)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,940)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,775)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(582)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,583)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) from continuing operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >173,583</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >343,385</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(131,434)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(38,368)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,191</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,191</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >176,774</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >343,385</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(131,434)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,177)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less net income attributable to noncontrolling interests</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(29,747)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,826)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22,921)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss) attributable to Vornado</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >147,027</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >336,559</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(131,434)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(58,098)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >253,919</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >142,369</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >42,047</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >69,503</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and amortization</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >348,163</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >219,717</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >81,986</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >46,460</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax expense </font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,965</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,979</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,470</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,516</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >EBITDA</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >757,074</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >700,624</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,931)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(4)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >61,381</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(5)</font>}</td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:309pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:309pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended June 30, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >New York</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Washington, DC</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:66.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:66.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total revenues</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,223,090</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >813,775</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >268,824</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >140,491</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total expenses</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >861,985</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >503,058</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >191,658</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >167,269</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >361,105</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >310,717</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >77,166</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,778)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loss from partially owned entities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,384)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,487)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,674)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,223)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,457</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,457</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and other investment income, net</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,458</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,754</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,678</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(183,766)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(92,524)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35,643)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(55,599)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on disposition of wholly owned and partially</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:205.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:205.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >owned assets</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,860</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,860</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >237,730</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >219,460</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,875</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(21,605)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax benefit (expense)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >87,101</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,038)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >208</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >88,931</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from continuing operations</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >324,831</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >217,422</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >40,083</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,326</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:237.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:237.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from discontinued operations</font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,815</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,815</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >340,646</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >217,422</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >40,083</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >83,141</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less net income attributable to noncontrolling interests</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(50,553)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,058)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(46,495)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to Vornado</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >290,093</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >213,364</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >40,083</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >36,646</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest and debt expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >229,748</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >119,724</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >42,403</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >67,621</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and amortization</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >319,695</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189,691</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >88,555</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >41,449</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income tax (benefit) expense</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(88,392)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,154</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,150)</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(88,396)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >EBITDA</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >751,144</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,933</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >168,891</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(4)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >57,320</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(5)</font>}</td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:224.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:224.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >See notes on the following pages.</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:378.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:378.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Notes to preceding tabular information:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:66.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='17' rowspan='1' style='width:502.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >EBITDA represents &quot;Earnings Before Interest, Taxes, Depreciation and Amortization.&quot; We consider EBITDA a non-GAAP financial measure for making decisions and assessing the unlevered performance of our segments as it relates to the total return on assets as opposed to the levered return on equity. As properties are bought and sold based on a multiple of EBITDA, we utilize this measure to make investment decisions as well as to compare the performance of our assets to that of our peers. EBITDA should not be considered a substitute for net income. EBITDA may not be comparable to similarly titled measures employed by other companies.</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:28.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(2)</font></td><td colspan='17' rowspan='1' style='width:502.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest and debt expense, depreciation and amortization and income tax expense (benefit) in the reconciliation of net income (loss) to EBITDA includes our share of these items from partially owned entities.</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(3)</font></td><td colspan='17' rowspan='1' style='width:502.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The elements of &quot;New York&quot; EBITDA are summarized below.</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Office</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >163,060</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >165,031</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >315,789</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >319,340</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Retail</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >95,615</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >86,151</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188,938</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >167,456</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,337</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,709</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,687</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,759</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Alexander&#39;s </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,805</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,241</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,374</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,648</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Hotel Pennsylvania</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,797</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,856</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >325</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,730</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >280,614</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >275,988</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >541,113</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,933</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Gain on sale of 47% ownership interest </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >in 7 West 34th Street</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >159,511</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total New York</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >440,125</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >275,988</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >700,624</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >524,933</font></td></tr><tr style='height:4.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:27pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font></td><td colspan='16' rowspan='1' style='width:483.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The three and six months ended June 30, 2015 include $3,304 and $6,844, respectively, of EBITDA from 20 Broad Street which was sold in December 2015. Excluding these items, EBITDA was $161,727 and $312,496, respectively.</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(4)</font></td><td colspan='17' rowspan='1' style='width:502.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The elements of &quot;Washington, DC&quot; EBITDA are summarized below. </font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:top;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Office, excluding the Skyline properties </font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >63,757</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >68,509</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >124,573</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >135,878</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Skyline properties</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,863</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,984</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,955</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13,039</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Skyline properties impairment loss</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(160,700)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total Office</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >68,620</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >75,493</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,172)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >148,917</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:217.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,834</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,141</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,241</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19,974</font></td></tr><tr style='height:14.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total Washington, DC</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >79,454</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >85,634</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,931)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >168,891</font></td></tr><tr style='height:6.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:6.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:116.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:24.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font></td><td colspan='16' rowspan='1' style='width:483.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The three and six months ended June 30, 2015 include $2,067 and $3,990, respectively, of EBITDA from 1750 Pennsylvania Avenue which was sold in September 2015. Excluding these items, EBITDA was $66,442 and $131,888, respectively.</font></td></tr></table></div> 161727000 312496000 66442000 25965000 22144000 -24239000 -23760000 6561000 5471000 7544000 0 1526000 -14531000 60797000 14741000 3890000 430000 2128000 4916000 55270000 0 375000 -10198000 2671000 2909000 10496000 9424000 -4061000 -2879000 2483000 1540000 12831000 12117000 4542000 <div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:381.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:381.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Notes to preceding tabular information - continued:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >(5)</font></td><td colspan='16' rowspan='1' style='width:502.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:502.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The elements of &quot;Other&quot; EBITDA are summarized below.</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='5' rowspan='1' style='width:132pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Our share of real estate fund investments:</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:212.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:212.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income before net realized/unrealized gains</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,526</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,671</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,757</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,285</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:212.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:212.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net realized/unrealized gains on investments</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,890</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,916</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,451</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,464</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:212.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:212.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Carried interest </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,128</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,909</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,647</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,297</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,544</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,496</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,855</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,046</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >theMART (including trade shows)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,965</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22,144</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >48,993</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >43,185</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >555 California Street</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,117</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,831</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,732</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,232</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >India real estate ventures</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >430</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >375</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,749</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,216</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other investments</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,741</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >9,424</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,063</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,183</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >60,797</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >55,270</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >114,392</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >107,862</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate general and administrative expenses</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a) (b)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(24,239)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,760)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(54,845)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(59,702)</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Investment income and other, net</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,471</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,561</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,446</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,323</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Acquisition and transaction related costs</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,879)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,061)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,486)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6,042)</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >UE and residual retail properties discontinued operations</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(c)</font>}</td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,483</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,540</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,204</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,797</font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Our share of impairment loss on India real estate ventures</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,806)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,806)</font></td></tr><tr style='height:11.25pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='6' rowspan='1' style='width:238.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:238.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Our share of gains on sale of real estate of partially owned entities</font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,513</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,513</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net gain on sale of residential condominiums</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >714</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,860</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income attributable to noncontrolling interests in</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:212.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:212.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >the Operating Partnership</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,531)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10,198)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7,044)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15,485)</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,102</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,059</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >61,381</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:54.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >57,320</font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:174.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:174.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:54.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:40.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(a)</font></td><td colspan='15' rowspan='1' style='width:483.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The amounts in these captions (for this table only) exclude the results of the mark-to-market of our deferred compensation plan of $4,359 of income and $609 of loss for the three months ended June 30, 2016 and 2015, respectively, and $2,421 and $2,250 of income for the six months ended June 30, 2016 and 2015, respectively.</font></td></tr><tr style='height:28.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(b)</font></td><td colspan='15' rowspan='1' style='width:483.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The six months ended June 30, 2015 includes a cumulative catch up of $4,542 from the acceleration of recognition of compensation expense related to the modification of the 2012-2014 Out-Performance Plans. </font></td></tr><tr style='height:27.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(c)</font></td><td colspan='15' rowspan='1' style='width:483.75pt;text-align:justify;vertical-align:top;border-color:Black;min-width:483.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >The three and six months ended June 30, 2015 include $327 and $22,972, respectively, of transaction costs related to the spin-off of our strip shopping centers and malls. </font></td></tr></table></div> 2016 160225000 106300000 0.54 0.02 0.56 188715000 0.54 0.02 190000000 0.56 67659000 1860000 250244000 1.25 0.08 1.33 188183000 1.24 0.08 189775000 1.32 78837000 44374000 8466000 6640000 19357000 36940000 9403000 5604000 15712000 144033000 2994000 106294000 30000 106270000 0 1020000 0 24000 265000 275207000 14886000 250623000 34000 250210000 46000 1260000 46000 367000 286000 -46332000 -1034000 -2635000 229521000 1685000 172662000 204094000 -622000 -11171000 247439000 295357000 2077000 39113000 31432000 47918000 -20369000 8104000 245138000 242690000 501487000 497183000 141313000 136957000 284270000 261079000 45564000 39189000 94268000 97681000 2879000 4061000 168186000 6042000 1048211000 186534000 16389000 26368000 27673000 50457000 10236000 5666000 13754000 16458000 105576000 92092000 206065000 183766000 159511000 0 160225000 1860000 268016000 127692000 178523000 237730000 2109000 -88072000 4940000 -87101000 265907000 215764000 173583000 324831000 2475000 -364000 3191000 15815000 268382000 215400000 176774000 340646000 13025000 19186000 22703000 35068000 14531000 10198000 7044000 15485000 240826000 186016000 147027000 290093000 20363000 20365000 40727000 39849000 0.63 0.63 1.26 1.26 1000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Recently Issued Accounting </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Literature</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In May 2014, the </font><font style='font-family:Times New Roman;font-size:10pt;' >Financial Accounting Standards Board</font><font style='font-family:Arial;font-size:10.5pt;color:#222222;' > (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >FASB</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > issued an update (&quot;ASU 2014-09&quot;) establishing </font><font style='font-family:Times New Roman;font-size:10pt;' >Accounting Standards Codification (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >ASC</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > Topic 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Revenue from Contracts with Customers</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;ASC</font><font style='font-family:Times New Roman;font-size:10pt;' > 606&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. ASU 2014-09 establishes a single </font><font style='font-family:Times New Roman;font-size:10pt;' >comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most of the existing revenue recognition guidance. ASU 2014-09 requires an entity to recognize revenue when it transfers promised goods </font><font style='font-family:Times New Roman;font-size:10pt;' >or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services and also requires certain additional disclosures. </font><font style='font-family:Times New Roman;font-size:10pt;' >In August 2015, the FASB issued an update (&#8220;ASU 2015</font><font style='font-family:Times New Roman;font-size:10pt;' >-14&#8221;) to ASC 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Deferral of the Effective Date</font><font style='font-family:Times New Roman;font-size:10pt;' >, which defers the adoption of </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-09 </font><font style='font-family:Times New Roman;font-size:10pt;' >to</font><font style='font-family:Times New Roman;font-size:10pt;' > interim and annual reporting periods in fiscal years that begin after </font><font style='font-family:Times New Roman;font-size:10pt;' >December 15, 2017</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >In March 2016, the FASB issued an update (&#8220;ASU 2016-08&#8221;) to ASC 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Pri</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >ncipal versus Agent Considerations (Reporting Revenue Gross versus Net)</font><font style='font-family:Times New Roman;font-size:10pt;' >, which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard pursuant to ASU 2014-09. In April 2016, the FASB issued a</font><font style='font-family:Times New Roman;font-size:10pt;' >n update (&#8220;ASU 2016-10&#8221;) to ASC 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Identifying Performance Obligations and Licensing</font><font style='font-family:Times New Roman;font-size:10pt;' >, which clarifies guidance related to identifying performance obligations and licensing implementation guidance contained in ASU 2014-09. In May 2016, the FASB issued an</font><font style='font-family:Times New Roman;font-size:10pt;' > update (&#8220;ASU 2016-12&#8221;) to ASC 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Narrow-Scope Improvements and Practical Expedients</font><font style='font-family:Times New Roman;font-size:10pt;' >, which amends certain aspects of the new revenue recognition standard pursuant to ASU 2014-09. </font><font style='font-family:Times New Roman;font-size:10pt;' >We are currently evaluating the impac</font><font style='font-family:Times New Roman;font-size:10pt;' >t of the adoption of these ASUs</font><font style='font-family:Times New Roman;font-size:10pt;' > on o</font><font style='font-family:Times New Roman;font-size:10pt;' >ur consolidated financial statements.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In June 2014, the FASB issued an update (&#8220;ASU 2014-12&#8221;) to ASC Topic 718, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Compensation &#8211; Stock Compensation </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;ASC 718&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. ASU 2014-12 requires an entity to treat performance targets that can be met after the requisite service period of a share based award has ended, as a performance condition that affects vesting. ASU 2014-12 is effective for interim and annual reporting </font><font style='font-family:Times New Roman;font-size:10pt;' >periods in fiscal years that began after December 15, 2015. The adoption of this update as of January 1, 2016, did not have any impact on our consolidated financial statements.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In February 2015, the FASB issued an update (&#8220;ASU 2015-02&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Amendments to the Consolidation Analysis</font><font style='font-family:Times New Roman;font-size:10pt;' > to ASC Topic 810, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Consolidation</font><font style='font-family:Times New Roman;font-size:10pt;' >. ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal </font><font style='font-family:Times New Roman;font-size:10pt;' >entities. Specifically, the amendments: (i) modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (&quot;VIEs&quot;) or voting interest entities, (ii) eliminate the presumption that a general partner should </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidate a limited partnership, (iii) affect the consolidation analysis of reporting entities that are involved with VIEs, and (iv) provide a scope exception for certain entities. ASU 2015-02 is effective for interim and annual reporting periods beginn</font><font style='font-family:Times New Roman;font-size:10pt;' >ing after December 15, 2015. The adoption of this update on January 1, 2016 resulted in the identification of </font><font style='font-family:Times New Roman;font-size:10pt;' >additional VIEs, </font><font style='font-family:Times New Roman;font-size:10pt;' >but</font><font style='font-family:Times New Roman;font-size:10pt;' > did not have an impact on our consolidated financial statements</font><font style='font-family:Times New Roman;font-size:10pt;' > other than additional disclosures</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (see Note </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Var</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >iab</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >le Interest Entities</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In January 2016, the FASB issued an update (&#8220;ASU 2016-01&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Recognition and</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > Measurement of Financial Assets and Financial Liabilities</font><font style='font-family:Times New Roman;font-size:10pt;' > to ASC Topic 825, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#160; ASU 2016-01 amends certain aspects of recognition, measurement, presentation and</font><font style='font-family:Times New Roman;font-size:10pt;' > disclosure of financial instruments, including the requirement to measure certain equity investments at fair value with changes in fair value recognized in net income.&#160; ASU 2016-01 is effective for interim and annual reporting periods in fiscal years begi</font><font style='font-family:Times New Roman;font-size:10pt;' >nning after December 15, 2017.&#160; We are currently evaluating the impact of the adoption of ASU 2016-01 on our consolidated financial statements.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In February 2016, the FASB issued (&#8220;ASU 2016-02&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Leases</font><font style='font-family:Times New Roman;font-size:10pt;' >, which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. ASU 2016-02 requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on </font><font style='font-family:Times New Roman;font-size:10pt;' >the principle of whether or not the lease is effectively a financed purchase. &#160;Lessees are required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months. Leases with a term of 12 months or less will be a</font><font style='font-family:Times New Roman;font-size:10pt;' >ccounted for similar to existing guidance for operating leases. Lessees will recognize expense based on the effective interest method for finance leases or on a straight-line basis for operating leases. The new standard requires lessors to account for le</font><font style='font-family:Times New Roman;font-size:10pt;' >ases using an approach that is substantially equivalent to existing guidance. ASU 2016-02 is effective for reporting periods beginning after December 15, 2018, with early adoption permitted. We are currently evaluating the impact of the adoption of ASU 2</font><font style='font-family:Times New Roman;font-size:10pt;' >016-02 on our consolidated financial statements.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In March 2016, the FASB issued an update (&#8220;ASU 2016-09&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Improvements to Employee Share-Based Payment Accounting</font><font style='font-family:Times New Roman;font-size:10pt;' > to ASC 718.&#160; ASU 2016-09</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >amends several aspects of the accounting for share-based payment transactions, including the income tax consequences,</font><font style='font-family:Times New Roman;font-size:10pt;' > classification of awards as either equity or liabilities, and classification on the statement of cash flows.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > ASU 2016-09 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2017.&#160; We are currently evaluating</font><font style='font-family:Times New Roman;font-size:10pt;' > the impact of the adoption of ASU 2016-09 on our consolidated financial statements.</font></p></div> <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The Fund is accounted for under </font><font style='font-family:Times New Roman;font-size:10pt;' >ASC 946, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Financial Services &#8211; Investment Companies</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;ASC 946&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >and its investments </font><font style='font-family:Times New Roman;font-size:10pt;' >are reported on its balance sheet at fair value, with changes in value each period recognized in earnings. We consolidate the accounts of the Fund into our consolidated financial statements, retaining the fair value basis of accounting.</font></p><p style='text-align:justify;line-height:12pt;' ></p></div> <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Redeemable noncontrolling interests on our consolidated balance sheets are comprised primarily of Class A Operating Partnership units held by third parties</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > are recorded at the greater of their carrying amount or redemption value at the end of each reporting period. Changes in the value from period to period are charged to &#8220;additional capital&#8221; in our consolidated statements of changes in equity.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Redeemable noncontrolling interests exclude our Series G-1 through G-4 convertible preferred units and Series D-13 cumulative redeemable preferred units, as they are accounted for as liabilities in accordance with ASC 480, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Distinguishing Liabilities and </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Equity</font><font style='font-family:Times New Roman;font-size:10pt;' >, because of their possible settlement by issuing a variable number of Vornado common shares. </font></p></div> <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >In determining fair value, we utilize valuation techniques that maximize the use of o</font><font style='font-family:Times New Roman;font-size:10pt;' >bservable inputs and minimize the use of unobservable inputs to the extent possible, as well as consider counterparty credit risk in our assessment of fair value. Considerable judgment is necessary to interpret Level 2 and 3 inputs in determining the fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value of our financial and non-financial assets and liabilities. Accordingly, our fair value estimates, which are made at the end of each reporting period, may be different than the amounts that may ultimately be realized upon sale or disposition of thes</font><font style='font-family:Times New Roman;font-size:10pt;' >e assets. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:20pt;' >Financial Assets and Li</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >abilities Measured at Fair Value on a Recurring Basis</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >Financial assets and liabilities t</font><font style='font-family:Times New Roman;font-size:10pt;' >hat are measured at fair value o</font><font style='font-family:Times New Roman;font-size:10pt;' >n our consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >balance sheets</font><font style='font-family:Times New Roman;font-size:10pt;' > consist of (i) marketable securities, (ii) </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >eal </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >state </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >und inv</font><font style='font-family:Times New Roman;font-size:10pt;' >estments</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > (iii) the assets in our deferred compensation plan</font><font style='font-family:Times New Roman;font-size:10pt;' > (for which there is a corresponding liability on our consolidated balance sheet)</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >(iv)</font><font style='font-family:Times New Roman;font-size:10pt;' > mandatorily redeemable instruments (Series G-1 through G-4 convertible preferred units and Series D-13 cumul</font><font style='font-family:Times New Roman;font-size:10pt;' >ative redeemable preferred units)</font><font style='font-family:Times New Roman;font-size:10pt;' >, and (v) interest rate swaps</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:18pt;' >Financial Assets and Liabilities not </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Measured</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > at Fair Value </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:20pt;' >Financial assets and liabilities that are not measured at fair value on our consolidated balance sheets include cash equivalents (primarily money</font><font style='font-family:Times New Roman;font-size:10pt;' > market funds, which invest in obligations of the United States government), and our secured and unsecured debt. Estimates of the fair value of these instruments are determined by the standard practice of modeling the contractual cash flows required under</font><font style='font-family:Times New Roman;font-size:10pt;' > the instrument and discounting them back to their present value at the appropriate current risk adjusted interest rate, which is provided by a third-party specialist. For floating rate debt, we use forward rates derived from observable market yield curve</font><font style='font-family:Times New Roman;font-size:10pt;' >s to project the expected cash flows we would be required to make under the instrument. The fair value of cash equivalents and borrowings under our unsecured revolving credit facilities and unsecured term loan are classified as Level 1. The fair value of</font><font style='font-family:Times New Roman;font-size:10pt;' > our secured and unsecured </font><font style='font-family:Times New Roman;font-size:10pt;' >debt </font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >lassifie</font><font style='font-family:Times New Roman;font-size:10pt;' >d as Level 2</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Acquisitions</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >On May 20, 2016, we contributed $19,650,000 for a 50.0% equity interest in a joint venture that will develop a 33,000 square foot office </font><font style='font-family:Times New Roman;font-size:10pt;' >and retail buil</font><font style='font-family:Times New Roman;font-size:10pt;' >ding, located on Houston Street </font><font style='font-family:Times New Roman;font-size:10pt;' >in Manhattan</font><font style='font-family:Times New Roman;font-size:10pt;' >. The </font><font style='font-family:Times New Roman;font-size:10pt;' >development cost of this project is </font><font style='font-family:Times New Roman;font-size:10pt;' >estimated to be </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately $104,000,000. At closing, the joint venture obtained a $65,000,000 construction loan, of which approximately $22,100,000 was outstanding at June 30, 2016.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The loan</font><font style='font-family:Times New Roman;font-size:10pt;' >, which bears interest at</font><font style='font-family:Times New Roman;font-size:10pt;' > LIBOR plus 3.00</font><font style='font-family:Times New Roman;font-size:10pt;' >% (3.47% at June 30, 2016)</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >matures in May 2019 with two one-y</font><font style='font-family:Times New Roman;font-size:10pt;' >ear extension options.</font><font style='font-family:Times New Roman;font-size:10pt;' > Because this joint venture is a VIE and we determined we are the primary beneficiary, we consolidate the accounts of this joint venture from the date of our investment.</font></p></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >5. Real Estate Fund Investments</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >We are the general partner and investment manager of </font><font style='font-family:Times New Roman;font-size:10pt;' >Vornado Capital Partners Real Estate Fund (</font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Fund</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;), which has an eight-year term and a three-year investment period that ended in July 2013. During the </font><font style='font-family:Times New Roman;font-size:10pt;' >investment period, the Fund was our exclusive investment vehicle for all investments that fit within its investment parameters, as defined</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Fund is accounted for under </font><font style='font-family:Times New Roman;font-size:10pt;' >ASC 946, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Financial Services &#8211; Investment Companies</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;ASC 946&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >and its investments </font><font style='font-family:Times New Roman;font-size:10pt;' >are reported on its balance sheet at fair value, with changes in value each period recognized in earnings. We consolidate the accounts of the Fund into our consolidated financial statements, retaining the fair value basis of accounting.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >We are also the g</font><font style='font-family:Times New Roman;font-size:10pt;' >eneral partner and investment manager of Crowne Plaza Times Square Hotel Co-Investment (the &#8220;Co-Investment&#8221;), which </font><font style='font-family:Times New Roman;font-size:10pt;' >owns a 24.7% interest in the Crowne Plaza Times Square Hotel. The Fund owns the remaining 75.3%</font><font style='font-family:Times New Roman;font-size:10pt;' > interest. The Co-Investment is also accoun</font><font style='font-family:Times New Roman;font-size:10pt;' >ted for under ASC 946. We consolidate the accounts of the Co-Investment into our consolidated financial statements, retaining the fair value basis of accounting.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >At </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, we </font><font style='font-family:Times New Roman;font-size:10pt;' >had six </font><font style='font-family:Times New Roman;font-size:10pt;' >real estate fund investments with an aggregate fair val</font><font style='font-family:Times New Roman;font-size:10pt;' >ue of $</font><font style='font-family:Times New Roman;font-size:10pt;' >524,150</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >or $215,215,000 </font><font style='font-family:Times New Roman;font-size:10pt;' >in excess of cost, and had remaining unfunded commitments </font><font style='font-family:Times New Roman;font-size:10pt;' >of $1</font><font style='font-family:Times New Roman;font-size:10pt;' >17</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' >907</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' >, of which our share </font><font style='font-family:Times New Roman;font-size:10pt;' >was $</font><font style='font-family:Times New Roman;font-size:10pt;' >34</font><font style='font-family:Times New Roman;font-size:10pt;' >,5</font><font style='font-family:Times New Roman;font-size:10pt;' >22</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Below is a summary of income from the Fund and the Co-Investment for </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >three and six months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:134.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:134.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:136.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:136.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font>^{<font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > </font>}</td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:134.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:134.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:136.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:136.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:62.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > </font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net investment income</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,723</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,150</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,396</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,600</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net realized gains on exited investments</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >886</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,676</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,591</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Previously recorded unrealized gain on exited investment</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,254)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(23,279)</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net unrealized gains on held investments</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14,666</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,332</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20,855</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39,545</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16,389</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26,368</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >27,673</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50,457</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Less income attributable to noncontrolling interests</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,845)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15,872)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14,818)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(29,411)</font></td></tr><tr style='height:13.5pt;' ><td colspan='3' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income from real estate fund investments attributable to Vornado </font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font>}</td><td style='width:9.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,544</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10,496</font></td><td style='width:9.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12,855</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21,046</font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:157.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:36.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='14' rowspan='1' style='width:520.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:520.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Excludes management, leasing and development fees of $935 and $633 for the three months ended June 30, 2016 and 2015, respectively, and $1,695 and $1,337 for the six months ended June 30, 2016 and 2015, respectively, which are included as a component of &quot;fee and other income&quot; in our consolidated statements of income.</font></td></tr></table></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >6. Marketable Securities </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Below is a summary of our marketable securities portfolio as of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='8' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of June 30, 2016</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >GAAP</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >GAAP</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Gain</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Gain</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Equity securities:</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#FF0000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Lexington Realty Trust</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >186,721</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72,549</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >114,172</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >147,752</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72,549</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >75,203</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,768</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,379</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,389</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,245</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,245</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:123.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >194,489</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >76,928</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >117,561</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >150,997</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72,549</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >78,448</font></td></tr></table></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >7. Investments in Partially Owned Entities</font></p><p style='text-align:justify;line-height:11pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Alexander&#8217;s, Inc. (&#8220;Alexander&#8217;s&#8221;) (NYSE: ALX)</font></p><p style='text-align:justify;margin-top:6pt;margin-bottom:0pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >we </font><font style='font-family:Times New Roman;font-size:10pt;' >own </font><font style='font-family:Times New Roman;font-size:10pt;' >1,654,068</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Alexander&#8217;s common shares, </font><font style='font-family:Times New Roman;font-size:10pt;' >representing</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a 32.4% </font><font style='font-family:Times New Roman;font-size:10pt;' >interest in</font><font style='font-family:Times New Roman;font-size:10pt;' > Alexander&#8217;s. </font><font style='font-family:Times New Roman;font-size:10pt;' >We account for our investment in Alexander&#8217;s under the equity method. </font><font style='font-family:Times New Roman;font-size:10pt;' >We manage, lease and develop Alexander&#8217;s properties pursuant to agreements which </font><font style='font-family:Times New Roman;font-size:10pt;' >expire in March </font><font style='font-family:Times New Roman;font-size:10pt;' >of each year and are automatically renewable</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:justify;margin-top:6pt;margin-bottom:0pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the market value (&#8220;fair value&#8221; pursuant to ASC Topic 820, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Fair Value Measurements</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;ASC 820&#8221;)) of our investment in </font><font style='font-family:Times New Roman;font-size:10pt;' >Alexander&#8217;s, based on Alexander&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > closing share </font><font style='font-family:Times New Roman;font-size:10pt;' >price of $</font><font style='font-family:Times New Roman;font-size:10pt;' >409.23</font><font style='font-family:Times New Roman;font-size:10pt;' >, was $</font><font style='font-family:Times New Roman;font-size:10pt;' >676,894,000</font><font style='font-family:Times New Roman;font-size:10pt;' >, or $</font><font style='font-family:Times New Roman;font-size:10pt;' >54</font><font style='font-family:Times New Roman;font-size:10pt;' >7,099</font><font style='font-family:Times New Roman;font-size:10pt;' >,000</font><font style='font-family:Times New Roman;font-size:10pt;' > in </font><font style='font-family:Times New Roman;font-size:10pt;' >excess of the carrying amount on our consolidated balance sheet. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the carrying amount of our inves</font><font style='font-family:Times New Roman;font-size:10pt;' >tment in Alexander&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s, excluding amounts owed to us, exceeds our share of the equity in the net a</font><font style='font-family:Times New Roman;font-size:10pt;' >ssets of Alexander&#8217;s by </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately $</font><font style='font-family:Times New Roman;font-size:10pt;' >39,786,000</font><font style='font-family:Times New Roman;font-size:10pt;' >. The </font><font style='font-family:Times New Roman;font-size:10pt;' >majority of this basis difference resulted from the excess of our purchase price for the Alexander&#8217;s common stock</font><font style='font-family:Times New Roman;font-size:10pt;' > acquired over the book value of Alexander&#8217;s net assets. Substantially all of this bas</font><font style='font-family:Times New Roman;font-size:10pt;' >is difference was allocated, based on our estimates of the fair values of Alexander&#8217;s assets and liabilities, to real estate (land and buildings). We are amortizing the basis difference related to the buildings into earnings as additional depreciation exp</font><font style='font-family:Times New Roman;font-size:10pt;' >ense over their estimated useful lives. This </font><font style='font-family:Times New Roman;font-size:10pt;' >depreciation</font><font style='font-family:Times New Roman;font-size:10pt;' > is not material to our share of e</font><font style='font-family:Times New Roman;font-size:10pt;' >quity in Alexander&#8217;s net income</font><font style='font-family:Times New Roman;font-size:10pt;' >. The basis difference related to the land will be recognized upon disposition of our investment</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;color:#000000;' >Urban Edge Properties (&#8220;UE&#8221;) (NYSE: UE)</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;color:#000000;' >Pennsylvania Real Estate Investment Trust (&#8220;PREIT&#8221;) (NYSE: P</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >EI)</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;color:#000000;' >One Park Avenue</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, we </font><font style='font-family:Times New Roman;font-size:10pt;' >own 5,717,184 </font><font style='font-family:Times New Roman;font-size:10pt;' >UE operating partnership units, representing </font><font style='font-family:Times New Roman;font-size:10pt;' >a 5.4</font><font style='font-family:Times New Roman;font-size:10pt;' >% ownership interest in UE. We account for our investment in UE under the equity method and record our share of UE&#8217;s net income or loss </font><font style='font-family:Times New Roman;font-size:10pt;' >on a one-quarter lag basis. </font><font style='font-family:Times New Roman;font-size:10pt;' >During 2015, we provided transition services to UE, primarily for information technology, human resources, tax and financial planning. In 2016, we continue to provide UE information technology support. </font><font style='font-family:Times New Roman;font-size:10pt;' >UE is providing us with</font><font style='font-family:Times New Roman;font-size:10pt;' > leasing and property management services for (i) certain small retail properties that we plan to sell, and (ii) our affiliate, Alexander&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > Rego Park retail assets.</font><font style='font-family:Times New Roman;font-size:10pt;' > As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the fair value of our investment in UE, </font><font style='font-family:Times New Roman;font-size:10pt;' >based on UE&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > closing share price </font><font style='font-family:Times New Roman;font-size:10pt;' >of $29.86</font><font style='font-family:Times New Roman;font-size:10pt;' >, was </font><font style='font-family:Times New Roman;font-size:10pt;' >$170,715,000</font><font style='font-family:Times New Roman;font-size:10pt;' >, or </font><font style='font-family:Times New Roman;font-size:10pt;' >$146,847</font><font style='font-family:Times New Roman;font-size:10pt;' >,000 </font><font style='font-family:Times New Roman;font-size:10pt;' >in </font><font style='font-family:Times New Roman;font-size:10pt;' >excess of the carrying amount on our consolidated balance sheet.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, we </font><font style='font-family:Times New Roman;font-size:10pt;' >own 6,250,000 </font><font style='font-family:Times New Roman;font-size:10pt;' >PREIT operating partnership units</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >representing </font><font style='font-family:Times New Roman;font-size:10pt;' >an 8.0% </font><font style='font-family:Times New Roman;font-size:10pt;' >interest in PREIT. We account for our investment in PREIT under the equity method and record our share of PREIT&#8217;s net </font><font style='font-family:Times New Roman;font-size:10pt;' >income or loss</font><font style='font-family:Times New Roman;font-size:10pt;' > on a one-quarter lag basis.</font><font style='font-family:Times New Roman;font-size:10pt;' > As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the fair value of our investment in PREIT, based on PREIT&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > closing share price </font><font style='font-family:Times New Roman;font-size:10pt;' >of $21.45</font><font style='font-family:Times New Roman;font-size:10pt;' >, was </font><font style='font-family:Times New Roman;font-size:10pt;' >$134,063,000</font><font style='font-family:Times New Roman;font-size:10pt;' >, or </font><font style='font-family:Times New Roman;font-size:10pt;' >$8,241,000 </font><font style='font-family:Times New Roman;font-size:10pt;' >in excess of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >the carrying amount on our consolidated balance sheet. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >the carrying amount of our investment in PREIT exceeds our share of the equity in the net assets of PREIT by </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately $64,712,000</font><font style='font-family:Times New Roman;font-size:10pt;' >. The majority </font><font style='font-family:Times New Roman;font-size:10pt;' >of this basis difference resulted from the excess of the fair value of the PREIT operating units received over </font><font style='font-family:Times New Roman;font-size:10pt;' >our share of the book value of PREIT&#8217;s net assets. Substantially all of this basis difference was allocated, based on our estimates of the fair </font><font style='font-family:Times New Roman;font-size:10pt;' >values of PREIT&#8217;s assets and liabilities, to real estate (land and buildings). We are amortizing the basis difference related to the buildings into earnings as additional depreciation expense over their estimated useful lives. This depreciation is not ma</font><font style='font-family:Times New Roman;font-size:10pt;' >terial to our share of equity in PREIT&#8217;s net loss. The basis difference related to the land will be recognized upon disposition of our investment</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >On March 7, 2016,</font><font style='font-family:Times New Roman;font-size:10pt;' > the joint venture,</font><font style='font-family:Times New Roman;font-size:10pt;' > in which we have a </font><font style='font-family:Times New Roman;font-size:10pt;' >55% </font><font style='font-family:Times New Roman;font-size:10pt;' >ownership interest, </font><font style='font-family:Times New Roman;font-size:10pt;' >completed a $300,000,000 refinancing of One Park Ave</font><font style='font-family:Times New Roman;font-size:10pt;' >nue, a 947,000 square foot Manhattan office building.&#160; The loan matures in March 2021 and is interest only at LIBOR plus 1.75% </font><font style='font-family:Times New Roman;font-size:10pt;' >(2.21% </font><font style='font-family:Times New Roman;font-size:10pt;' >at </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >). The property was previously encumbered by a 4.995%, $250,000,000 mortgage </font><font style='font-family:Times New Roman;font-size:10pt;' >which matured in Mar</font><font style='font-family:Times New Roman;font-size:10pt;' >ch 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;color:#000000;' >Mezzanine Loan &#8211; New York</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >On March 17, 2016, we entered into a joint venture, in which we own a 33.3% interest, which owns a $1</font><font style='font-family:Times New Roman;font-size:10pt;' >42</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' >050</font><font style='font-family:Times New Roman;font-size:10pt;' >,000 mezzanine loan. The interest rate is LIBOR plus 8.875% (</font><font style='font-family:Times New Roman;font-size:10pt;' >9.32% </font><font style='font-family:Times New Roman;font-size:10pt;' >at </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >) and the debt matures in November </font><font style='font-family:Times New Roman;font-size:10pt;' >2016, with two three-month extension options. At </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the joint </font><font style='font-family:Times New Roman;font-size:10pt;' >venture has a $7,9</font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' >,000 remaining commitment, of which our share is $2,6</font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' >,000. The joint venture&#8217;s investment is subordinate to $350,000,000 </font><font style='font-family:Times New Roman;font-size:10pt;' >of third </font><font style='font-family:Times New Roman;font-size:10pt;' >party debt. We account for our investment in the joint venture under the equity method.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:15pt;' ><td style='width:540pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >The Warner Building</font></td></tr><tr style='height:63.75pt;' ><td style='width:540pt;text-align:left;vertical-align:top;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >On May 6, 2016, the joint venture, in which we have a 55% ownership interest, completed a $273,000,000 refinancing of The Warner Building, a 621,000 square foot Washington, DC office building. The loan matures in June 2023, has a fixed rate of 3.65%, is interest only for the first two years and amortizes based on a 30-year schedule beginning in year three. The property was previously encumbered by a 6.26%, $293,000,000 mortgage which matured in May 2016.</font></td></tr><tr style='height:15pt;' ><td style='width:540pt;text-align:left;vertical-align:top;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >280 Park Avenue</font></td></tr><tr style='height:63.75pt;' ><td style='width:540pt;text-align:left;vertical-align:top;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >On May 11, 2016, the joint venture, in which we have a 50% ownership interest, completed a $900,000,000 refinancing of 280 Park Avenue, a 1,250,000 square foot Manhattan office building. The three-year loan with four one-year extensions is interest only at LIBOR plus 2.00%, (2.45% at ##D&lt;DAT_QTR_NUM_CUR1&gt;). The property was previously encumbered by a 6.35%, $721,000,000 mortgage which was scheduled to mature in June 2016.</font></td></tr><tr style='height:15pt;' ><td style='width:540pt;text-align:left;vertical-align:top;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >7 West 34th Street</font></td></tr><tr style='height:140.25pt;' ><td style='width:540pt;text-align:left;vertical-align:top;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >On May 16, 2016, we completed a $300,000,000 recourse financing of 7 West 34th Street, a 477,000 square foot Manhattan office building leased to Amazon. The ten-year loan is interest only at a fixed rate of 3.65% and matures in June 2026. Subsequently, on May 27, 2016, we sold a 47% ownership interest in this property and retained the remaining 53% interest. This transaction was based on a property value of approximately $561,000,000 or $1,176 per square foot. We received net proceeds of $127,382,000 from the sale and realized a net gain of $203,324,000, of which $159,511,000 is recognized this quarter and is included in &#8220;net gain on disposition of wholly owned and partially owned assets&#8221; in our consolidated statements of income. The remaining net gain of $43,813,000 has been deferred until our guarantee of payment of loan principal and interest has been removed or the loan has been repaid. We realized a net tax gain of $90,017,000. We continue to manage and lease the property. We share control over major decisions with our joint venture partner. Accordingly, this property is accounted for under the equity method from the date of sale.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:12pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:36pt;' >Below are schedules summarizing our investments in, and income (loss) f</font><font style='font-family:Times New Roman;font-size:10pt;' >rom, partially owned </font><font style='font-family:Times New Roman;font-size:10pt;' >entities.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:234.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:234.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Percentage</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:167.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Ownership at</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:167.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Balance as of </font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:234.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:234.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Investments: </font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Partially owned office buildings</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Various</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >811,984</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >909,782</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Alexander&#8217;s</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >32.4</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >129,795</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >133,568</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >PREIT</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8.0</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >125,822</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >133,375</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >India real estate ventures</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.1%-36.5%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >45,139</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >48,310</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >UE</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5.4</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,868</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,351</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other investments</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (2)</font>}</td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Various</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >363,184</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >300,036</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,499,792</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,550,422</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7 West 34th Street</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (3)</font>}</td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >53.0</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(43,160)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:21.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='12' rowspan='1' style='width:517.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:517.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Includes interests in 280 Park Avenue, 650 Madison Avenue, One Park Avenue, 666 Fifth Avenue (Office), 330 Madison Avenue, 512 West 22nd Street and others.</font></td></tr><tr style='height:21.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font></td><td colspan='12' rowspan='1' style='width:517.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:517.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Includes interests in Independence Plaza, 85 Tenth Avenue, Fashion Center Mall, 50-70 West 93rd Street, Toys &quot;R&quot; Us, Inc. (which has a carrying amount of zero) and others.</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font></td><td colspan='12' rowspan='1' style='width:517.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:517.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Our negative basis results from a $43,813 deferred gain from the sale of a 47.0% ownership interest in the property and is included in &quot;other liabilities&quot; on our consolidated balance sheet.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='2' rowspan='1' style='width:59.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Percentage</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:126.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:126.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:126.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:126.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:59.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Ownership at</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:126.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:126.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:126.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:126.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:59.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:59.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:59.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Our Share of Net Income (Loss):</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Alexander&#39;s (see page ##PRS&lt;ALXPAR&gt; for details):</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Equity in net income </font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >32.4</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,812</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,447</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13,749</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,041</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Management, leasing and development fees</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,688</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,876</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,413</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,973</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,500</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,323</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >17,162</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,014</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >UE (see page ##PRS&lt;UEPAR&gt; for details):</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Equity in net earnings</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5.4</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,071</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >404</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,947</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >404</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Management fees</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >209</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >500</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >418</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,084</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,280</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >904</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,365</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,488</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Partially owned office buildings</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Various</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12,462)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,238)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,711)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12,534)</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >India real estate ventures</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.1%-36.5%</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,934)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(16,567)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,620)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(16,676)</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >PREIT (see page ##PRS&lt;PREITPAR&gt; for details)</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8.0</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(527)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,815)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other investments</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (2)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Various</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,785</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,301</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,021</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,688</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >642</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,641)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,598)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,384)</font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:24pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='18' rowspan='1' style='width:518.25pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:518.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Includes interests in 280 Park Avenue, 650 Madison Avenue, One Park Avenue, 666 Fifth Avenue (Office), 7 West 34th Street, 330 Madison Avenue, 512 West 22nd Street and others. In 2015, we recognized our $5,387 share of a write-off of a below market lease liability related to a tenant vacating at 650 Madison.</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font></td><td colspan='18' rowspan='1' style='width:518.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:518.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Includes interests in Independence Plaza, 85 Tenth Avenue, Fashion Center Mall, 50-70 West 93rd Street, Toys &quot;R&quot; Us, Inc. and others.</font></td></tr></table></div> <div><p style='text-align:left;margin-top:12pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:36pt;' >Below are schedules summarizing our investments in, and income (loss) f</font><font style='font-family:Times New Roman;font-size:10pt;' >rom, partially owned </font><font style='font-family:Times New Roman;font-size:10pt;' >entities.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:234.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:234.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Percentage</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:167.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:78.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Ownership at</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:167.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Balance as of </font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:78pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:234.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:234.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Investments: </font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Partially owned office buildings</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Various</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >811,984</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >909,782</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Alexander&#8217;s</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >32.4</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >129,795</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >133,568</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >PREIT</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8.0</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >125,822</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >133,375</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >India real estate ventures</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.1%-36.5%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >45,139</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >48,310</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >UE</font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5.4</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23,868</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25,351</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other investments</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (2)</font>}</td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Various</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >363,184</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >300,036</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,499,792</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,550,422</font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:216pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7 West 34th Street</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (3)</font>}</td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >53.0</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(43,160)</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:209.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:209.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:21.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='12' rowspan='1' style='width:517.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:517.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Includes interests in 280 Park Avenue, 650 Madison Avenue, One Park Avenue, 666 Fifth Avenue (Office), 330 Madison Avenue, 512 West 22nd Street and others.</font></td></tr><tr style='height:21.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font></td><td colspan='12' rowspan='1' style='width:517.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:517.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Includes interests in Independence Plaza, 85 Tenth Avenue, Fashion Center Mall, 50-70 West 93rd Street, Toys &quot;R&quot; Us, Inc. (which has a carrying amount of zero) and others.</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(3)</font></td><td colspan='12' rowspan='1' style='width:517.5pt;text-align:justify;vertical-align:top;border-color:Black;min-width:517.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Our negative basis results from a $43,813 deferred gain from the sale of a 47.0% ownership interest in the property and is included in &quot;other liabilities&quot; on our consolidated balance sheet.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Amounts in thousands)</font></td><td colspan='2' rowspan='1' style='width:59.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Percentage</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:126.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:126.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Three Months Ended</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:126.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:126.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >For the Six Months Ended</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:59.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Ownership at</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:126.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:126.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:126.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:126.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30,</font></td></tr><tr style='height:10.5pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:59.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >June 30, 2016</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:59.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:59.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:59.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Our Share of Net Income (Loss):</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Alexander&#39;s (see page ##PRS&lt;ALXPAR&gt; for details):</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Equity in net income </font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >32.4</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,812</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,447</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13,749</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,041</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Management, leasing and development fees</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,688</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,876</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,413</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3,973</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8,500</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7,323</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >17,162</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15,014</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >UE (see page ##PRS&lt;UEPAR&gt; for details):</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#FF0000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Equity in net earnings</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5.4</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,071</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >404</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,947</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >404</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Management fees</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >209</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >500</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >418</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,084</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,280</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >904</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,365</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,488</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Partially owned office buildings</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (1)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Various</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12,462)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,238)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26,711)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12,534)</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >India real estate ventures</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4.1%-36.5%</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,934)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(16,567)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2,620)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(16,676)</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >PREIT (see page ##PRS&lt;PREITPAR&gt; for details)</font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8.0</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >%</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(527)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4,815)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(364)</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other investments</font>^{<font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' > (2)</font>}</td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Various</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,785</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,301</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11,021</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,688</font></td></tr><tr style='height:9pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:18.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >642</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5,641)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3,598)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#CCFFFF;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8,384)</font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:168.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:24pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(1)</font></td><td colspan='18' rowspan='1' style='width:518.25pt;text-align:justify;vertical-align:middle;border-color:Black;min-width:518.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Includes interests in 280 Park Avenue, 650 Madison Avenue, One Park Avenue, 666 Fifth Avenue (Office), 7 West 34th Street, 330 Madison Avenue, 512 West 22nd Street and others. In 2015, we recognized our $5,387 share of a write-off of a below market lease liability related to a tenant vacating at 650 Madison.</font></td></tr><tr style='height:12pt;' ><td style='width:18.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(2)</font></td><td colspan='18' rowspan='1' style='width:518.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:518.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Includes interests in Independence Plaza, 85 Tenth Avenue, Fashion Center Mall, 50-70 West 93rd Street, Toys &quot;R&quot; Us, Inc. and others.</font></td></tr></table></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:10pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >20.</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > Commitments and Contingencies</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:18pt;' >Insurance </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >We maintain general liability insurance with limits of $300,000,000 per occurrence and per property, and all risk property and rental value insurance with limits of $2.0 billion per occurrence, with </font><font style='font-family:Times New Roman;font-size:10pt;' >sub-limits for certain perils such as flood and earthquake. Our California properties have earthquake insurance with coverage of $180,000,000 per occurrence and in the annual aggregate, subject to a deductible in the amount of 5% of the value of the affect</font><font style='font-family:Times New Roman;font-size:10pt;' >ed property. We maintain coverage for terrorism acts with limits of $4.0 billion per occurrence and in the aggregate, and $2.0 billion per occurrence and in the aggregate for terrorism involving nuclear, biological, chemical and radiological (&#8220;NBCR&#8221;) terro</font><font style='font-family:Times New Roman;font-size:10pt;' >rism events, as defined by Terrorism Risk Insurance Program Reauthorization Act of 2015, which expires in December 2020. </font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Penn Plaza Insurance Company, LLC (&#8220;PPIC&#8221;), our wholly owned consolidated subsidiary, acts as a re-insurer with respect to a portion of all risk property and rental value insurance and a portion of our earthquake insurance coverage, and as a direct </font><font style='font-family:Times New Roman;font-size:10pt;' >insurer for coverage for acts of terrorism including NBCR acts. Coverage for acts of terrorism (excluding NBCR acts) is fully reinsured by third party insurance companies and the Federal </font><font style='font-family:Times New Roman;font-size:10pt;' >government with no exposure to PPIC. For NBCR acts, PPIC is responsib</font><font style='font-family:Times New Roman;font-size:10pt;' >le for a deductible of $2,400,000 per occurrence and 16% of the balance of a covered loss and the Federal government is responsible for the remaining 84% of a covered loss. We are ultimately responsible for any loss incurred by PPIC. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >We continue to monit</font><font style='font-family:Times New Roman;font-size:10pt;' >or the state of the insurance market and the scope and costs of coverage for acts of terrorism. However, we cannot anticipate what coverage will be available on commercially reasonable terms in the future.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Our debt instruments, consisting of mortgage loa</font><font style='font-family:Times New Roman;font-size:10pt;' >ns secured by our properties which are non-recourse to us, senior unsecured notes and revolving credit agreements contain customary covenants requiring us to maintain insurance. Although we believe that we have adequate insurance coverage for purposes of t</font><font style='font-family:Times New Roman;font-size:10pt;' >hese agreements, we may not be able to obtain an equivalent amount of coverage at reasonable costs in the future. Further, if lenders insist on greater coverage than we are able to obtain</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > it could adversely affect our ability to finance our properties and</font><font style='font-family:Times New Roman;font-size:10pt;' > expand our portfolio.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:18pt;' >Other Commitments and Contingencies</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >We are from time to time involved in legal actions arising in the ordinary course of business. In our opinion, after consultation with legal counsel, the outcome of such matters is not expected t</font><font style='font-family:Times New Roman;font-size:10pt;' >o have a material adverse effect on our financial position, results of operations or cash flows. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Each of our properties has been subjected to varying degrees of environmental assessment at various times. The environmental assessments did not reveal any m</font><font style='font-family:Times New Roman;font-size:10pt;' >aterial environmental contamination. However, there can be no assurance that the identification of new areas of contamination, changes in the extent or known scope of contamination, the discovery of additional sites, or changes in cleanup requirements woul</font><font style='font-family:Times New Roman;font-size:10pt;' >d not result in significant costs to us.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Generally, o</font><font style='font-family:Times New Roman;font-size:10pt;' >ur mortgage loans are non-recourse to us. However, in certain cases we have provided guarantees or master leased tenant space. These guarantees and master leases terminate either upon the satisfaction of specifi</font><font style='font-family:Times New Roman;font-size:10pt;' >ed circumstances or repayment of the underlying loans. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the aggregate dollar amount of these guarantees and master leases is </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >$857,000,000</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >At </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >$38,576,000</font><font style='font-family:Times New Roman;font-size:10pt;' > of letters of credit were outstanding under one of our unsecured revolving credit facilities. Our unsecured revolving credit facilities contain financial covenants that require us to maintain minimum interest coverage and maximum debt t</font><font style='font-family:Times New Roman;font-size:10pt;' >o market capitalization </font><font style='font-family:Times New Roman;font-size:10pt;' >ratios, and provide for higher interest rates in the event of a decline in our ratings below Baa3/BBB. Our unsecured revolving credit facilities also contain customary conditions precedent to borrowing, including representations and</font><font style='font-family:Times New Roman;font-size:10pt;' > warranties, and also contain customary events of default that could give rise to accelerated repayment, including such items as failure to pay interest or principal.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, we expect to fund additional capital to</font><font style='font-family:Times New Roman;font-size:10pt;' > certain of our partially owned entities aggregating approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >$70,000,000</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > we have construction commitments aggregating</font><font style='font-family:Times New Roman;font-size:10pt;' > approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >$721,173,000</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div> 0 -8569000 975000 -9544000 2475000 -7069000 24159000 -31228000 33987000 22733000 1610000 27102000 68470000 77653000 -9183000 16389000 8988000 29364000 621708000 616288000 1223090000 434894000 422897000 186814000 193391000 861985000 361105000 127799000 173352000 4704000 546681000 115073000 163245000 -87653000 376681000 67170000 73938000 -6768000 26368000 3761000 27436000 -11087000 -89633000 78546000 -364000 78182000 26832000 51350000 33125000 19875000 -89291000 15059000 229748000 319695000 -88392000 751144000 813775000 503058000 310717000 0 3754000 92524000 0 219460000 2038000 217422000 217422000 4058000 213364000 119724000 189691000 2154000 268824000 191658000 77166000 0 26000 35643000 0 39875000 -208000 40083000 40083000 0 40083000 42403000 88555000 -2150000 168891000 140491000 167269000 -26778000 50457000 12678000 55599000 1860000 -21605000 -88931000 67326000 15815000 83141000 46495000 36646000 67621000 41449000 -88396000 57320000 253919000 348163000 7965000 757074000 836595000 537730000 298865000 0 2329000 110981000 159511000 345160000 1775000 343385000 343385000 6826000 336559000 142369000 219717000 1979000 255480000 345671000 -90191000 0 92000 35752000 0 -130852000 582000 -131434000 -131434000 0 -131434000 42047000 81986000 2470000 -4931000 142670000 164810000 -22140000 27673000 11333000 59332000 714000 -35785000 2583000 -38368000 3191000 -35177000 22921000 -58098000 69503000 46460000 3516000 61381000 86151000 10241000 95615000 11805000 167456000 20648000 188938000 23374000 70000000 857000000 38576000 12052000 11209000 191625000 204730000 17773000 16438000 14953000 22812000 1496000 6445000 3392000 2421000 6405000 3959000 3844000 2250000 262000 271000 26827000 7215000 6685000 9746818000 9513713000 6 524150000 215215000 117907000 34522000 935000 633000 1695000 1337000 1723000 2150000 6396000 8600000 0 886000 14676000 25591000 0 0 14254000 23279000 14666000 23332000 20855000 39545000 16389000 26368000 27673000 50457000 8845000 15872000 14818000 29411000 7544000 10496000 12855000 21046000 29.86 170715000 146847000 5717184 6250000 21.45 134063000 8241000 64712000 1148000 2129000 981000 3191000 0 22279000 15901000 6886000 86000 15393000 0.365 6812000 5447000 13749000 11041000 1688000 1876000 3413000 3973000 1071000 404000 1947000 404000 209000 500000 418000 1084000 29808000 25828000 15859000 11494000 916000 916000 -3267000 53399000 89542000 -23563000 -9313000 25635000 39113000 -622000 -11170000 -1686000 0 0 0 0 0 25635000 39113000 -622000 -11170000 -1686000 0 -42654000 -42654000 -46332000 0 -46332000 -1034000 0 -1034000 2073000 0 2073000 2639000 0 2639000 0 422000 71888000 20855000 0 1433000 2312000 83421000 95000000 39545000 312000 -521000 2151000 2272000 2722000 -493000 6231000 5093000 4863000 6984000 9955000 13039000 10834000 10141000 148917000 -26172000 75493000 68620000 -432259000 -474602000 0.53 0 1000 1860000 714000 3757000 4285000 10464000 5451000 48993000 -54845000 12446000 12855000 114392000 27063000 1749000 -7044000 3647000 -7486000 3204000 43185000 -59702000 15323000 107862000 2216000 -15485000 6297000 21046000 16183000 -6042000 23797000 9746818000 9513713000 527178000 514843000 1046670000 1015117000 60841000 62215000 120416000 129136000 1234745000 -955000 42000000 0 122047000 0 290418000 0 P01Y0M0D P4Y6M0D 566696000 554426000 524150000 565976000 574761000 513973000 0.048 60140000 67668000 57184000 64836000 59186000 63315000 115192000 111328000 621000 0.55 273000000 0.5 1250000 721000000 0.0635 0.53 0.47 561000000 127382000 203324000 159511000 43813000 90017000 19650000 0.5 33000 104000000 65000000 22100000 0.0347 0.03 2 P1Y 0.0365 293000000 0.0626 P3Y 0.02 0.0245 4 P1Y 300000000 477000 0.0365 P10Y 2210000 0 0 0 0 327000 0 0 2210000 0 0 0 10867000 22972000 21376000 256000 642000 -5641000 -3598000 -8384000 -3598000 -7636000 27556000 29384000 29747000 50553000 3797000 8856000 325000 6730000 6337000 5709000 12687000 10759000 163060000 165031000 315789000 319340000 700624000 524933000 280614000 275988000 541113000 524933000 159511000 0 159511000 0 4379000 0 63757000 68509000 124573000 135878000 3304000 6844000 2067000 3990000 4513000 -14806000 -14806000 4513000 23732000 25232000 0 0 -160700000 0 4427000 43813000 0.47 50561000 50561000 900000000 8500000 7323000 17162000 15014000 1280000 904000 2365000 1488000 -12462000 -3238000 -26711000 -12534000 -1934000 -16567000 -2620000 -16676000 -527000 -364000 -4815000 -364000 5785000 6301000 11021000 4688000 11874000 51725000 P2Y P30Y May 2016 Jun 2016 -4564000 -2487000 0 0 -5001000 -1674000 5967000 -4223000 0 0 21241000 19974000 131888000 -43160000 0.0151 0.08 0.082 0.0297 0.0451 2711000 2400000 December 2020 -82674000 -392154000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Recently Issued Accounting </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Literature</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In May 2014, the </font><font style='font-family:Times New Roman;font-size:10pt;' >Financial Accounting Standards Board</font><font style='font-family:Arial;font-size:10.5pt;color:#222222;' > (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >FASB</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > issued an update (&quot;ASU 2014-09&quot;) establishing </font><font style='font-family:Times New Roman;font-size:10pt;' >Accounting Standards Codification (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >ASC</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > Topic 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Revenue from Contracts with Customers</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;ASC</font><font style='font-family:Times New Roman;font-size:10pt;' > 606&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. ASU 2014-09 establishes a single </font><font style='font-family:Times New Roman;font-size:10pt;' >comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most of the existing revenue recognition guidance. ASU 2014-09 requires an entity to recognize revenue when it transfers promised goods </font><font style='font-family:Times New Roman;font-size:10pt;' >or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services and also requires certain additional disclosures. </font><font style='font-family:Times New Roman;font-size:10pt;' >In August 2015, the FASB issued an update (&#8220;ASU 2015</font><font style='font-family:Times New Roman;font-size:10pt;' >-14&#8221;) to ASC 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Deferral of the Effective Date</font><font style='font-family:Times New Roman;font-size:10pt;' >, which defers the adoption of </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-09 </font><font style='font-family:Times New Roman;font-size:10pt;' >to</font><font style='font-family:Times New Roman;font-size:10pt;' > interim and annual reporting periods in fiscal years that begin after </font><font style='font-family:Times New Roman;font-size:10pt;' >December 15, 2017</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >In March 2016, the FASB issued an update (&#8220;ASU 2016-08&#8221;) to ASC 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Pri</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >ncipal versus Agent Considerations (Reporting Revenue Gross versus Net)</font><font style='font-family:Times New Roman;font-size:10pt;' >, which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard pursuant to ASU 2014-09. In April 2016, the FASB issued a</font><font style='font-family:Times New Roman;font-size:10pt;' >n update (&#8220;ASU 2016-10&#8221;) to ASC 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Identifying Performance Obligations and Licensing</font><font style='font-family:Times New Roman;font-size:10pt;' >, which clarifies guidance related to identifying performance obligations and licensing implementation guidance contained in ASU 2014-09. In May 2016, the FASB issued an</font><font style='font-family:Times New Roman;font-size:10pt;' > update (&#8220;ASU 2016-12&#8221;) to ASC 606, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Narrow-Scope Improvements and Practical Expedients</font><font style='font-family:Times New Roman;font-size:10pt;' >, which amends certain aspects of the new revenue recognition standard pursuant to ASU 2014-09. </font><font style='font-family:Times New Roman;font-size:10pt;' >We are currently evaluating the impac</font><font style='font-family:Times New Roman;font-size:10pt;' >t of the adoption of these ASUs</font><font style='font-family:Times New Roman;font-size:10pt;' > on o</font><font style='font-family:Times New Roman;font-size:10pt;' >ur consolidated financial statements.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In June 2014, the FASB issued an update (&#8220;ASU 2014-12&#8221;) to ASC Topic 718, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Compensation &#8211; Stock Compensation </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;ASC 718&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. ASU 2014-12 requires an entity to treat performance targets that can be met after the requisite service period of a share based award has ended, as a performance condition that affects vesting. ASU 2014-12 is effective for interim and annual reporting </font><font style='font-family:Times New Roman;font-size:10pt;' >periods in fiscal years that began after December 15, 2015. The adoption of this update as of January 1, 2016, did not have any impact on our consolidated financial statements.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In February 2015, the FASB issued an update (&#8220;ASU 2015-02&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Amendments to the Consolidation Analysis</font><font style='font-family:Times New Roman;font-size:10pt;' > to ASC Topic 810, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Consolidation</font><font style='font-family:Times New Roman;font-size:10pt;' >. ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal </font><font style='font-family:Times New Roman;font-size:10pt;' >entities. Specifically, the amendments: (i) modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (&quot;VIEs&quot;) or voting interest entities, (ii) eliminate the presumption that a general partner should </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidate a limited partnership, (iii) affect the consolidation analysis of reporting entities that are involved with VIEs, and (iv) provide a scope exception for certain entities. ASU 2015-02 is effective for interim and annual reporting periods beginn</font><font style='font-family:Times New Roman;font-size:10pt;' >ing after December 15, 2015. The adoption of this update on January 1, 2016 resulted in the identification of </font><font style='font-family:Times New Roman;font-size:10pt;' >additional VIEs, </font><font style='font-family:Times New Roman;font-size:10pt;' >but</font><font style='font-family:Times New Roman;font-size:10pt;' > did not have an impact on our consolidated financial statements</font><font style='font-family:Times New Roman;font-size:10pt;' > other than additional disclosures</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (see Note </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Var</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >iab</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >le Interest Entities</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In January 2016, the FASB issued an update (&#8220;ASU 2016-01&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Recognition and</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > Measurement of Financial Assets and Financial Liabilities</font><font style='font-family:Times New Roman;font-size:10pt;' > to ASC Topic 825, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#160; ASU 2016-01 amends certain aspects of recognition, measurement, presentation and</font><font style='font-family:Times New Roman;font-size:10pt;' > disclosure of financial instruments, including the requirement to measure certain equity investments at fair value with changes in fair value recognized in net income.&#160; ASU 2016-01 is effective for interim and annual reporting periods in fiscal years begi</font><font style='font-family:Times New Roman;font-size:10pt;' >nning after December 15, 2017.&#160; We are currently evaluating the impact of the adoption of ASU 2016-01 on our consolidated financial statements.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In February 2016, the FASB issued (&#8220;ASU 2016-02&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Leases</font><font style='font-family:Times New Roman;font-size:10pt;' >, which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. ASU 2016-02 requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on </font><font style='font-family:Times New Roman;font-size:10pt;' >the principle of whether or not the lease is effectively a financed purchase. &#160;Lessees are required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months. Leases with a term of 12 months or less will be a</font><font style='font-family:Times New Roman;font-size:10pt;' >ccounted for similar to existing guidance for operating leases. Lessees will recognize expense based on the effective interest method for finance leases or on a straight-line basis for operating leases. The new standard requires lessors to account for le</font><font style='font-family:Times New Roman;font-size:10pt;' >ases using an approach that is substantially equivalent to existing guidance. ASU 2016-02 is effective for reporting periods beginning after December 15, 2018, with early adoption permitted. We are currently evaluating the impact of the adoption of ASU 2</font><font style='font-family:Times New Roman;font-size:10pt;' >016-02 on our consolidated financial statements.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >In March 2016, the FASB issued an update (&#8220;ASU 2016-09&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Improvements to Employee Share-Based Payment Accounting</font><font style='font-family:Times New Roman;font-size:10pt;' > to ASC 718.&#160; ASU 2016-09</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >amends several aspects of the accounting for share-based payment transactions, including the income tax consequences,</font><font style='font-family:Times New Roman;font-size:10pt;' > classification of awards as either equity or liabilities, and classification on the statement of cash flows.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > ASU 2016-09 is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2017.&#160; We are currently evaluating</font><font style='font-family:Times New Roman;font-size:10pt;' > the impact of the adoption of ASU 2016-09 on our consolidated financial statements.</font></p></div> 4601000 -7012000 425770000 268135000 157635000 -1001000 0 1214000 56395000 159511000 260964000 816000 260148000 0 260148000 3397000 256751000 71171000 111314000 889000 440125000 127468000 89106000 38362000 -2958000 0 34000 19817000 0 15621000 318000 15303000 0 15303000 0 15303000 22641000 39305000 2205000 79454000 414262000 250298000 163964000 3176000 0 1892000 47173000 121859000 1095000 120764000 0 120764000 2552000 118212000 61057000 95567000 1152000 275988000 134856000 98661000 36195000 -1805000 0 13000 17483000 16920000 466000 16454000 0 16454000 0 16454000 20891000 47803000 486000 85634000