The following tables set forth certain segment information for the Company, reclassified for discontinued operations, as of and for the three months ended March 31, 2012 and 2011 and does not include unconsolidated affiliates:


12.	SEGMENT REPORTING (continued)



Three Months Ended March 31, 2012
(dollars in thousands)	Core Portfolio		Opportunity Funds		Self- Storage Investments		Notes Receivable		Other		Amounts Eliminated in Consolidation			Total
Revenues	$	15,276	$	15,767	$	6,096	$	2,055	$	5,659	$	(5,227	)	$	39,626
Property operating expenses and real estate taxes	4,532		5,775		3,375		—		—		(784		)	12,898
General and administrative	6,361		3,246		—		—		—		(3,674		)	5,933
Income before depreciation and amortization and interest and other finance expense	$	4,383	$	6,746	$	2,721	$	2,055	$	5,659	$	(769	)	$	20,795
Depreciation and amortization	$	3,747	$	4,504	$	1,114	$	—	$	—	$	(224	)	$	9,141
Interest and other finance expense	$	3,354	$	4,199	$	872	$	—	$	—	$	209		$	8,634
Real estate at cost	$	548,075	$	818,981	$	214,567	$	—	$	—	$	(15,977	)	$	1,565,646
Total assets	$	661,545	$	936,787	$	191,882	$	77,180	$	—	$	(140,658	)	$	1,726,736
Expenditures for redevelopment and improvements	$	7,204	$	12,742	$	839	$	—	$	—	$	(704	)	$	20,081
Acquisition of real estate	$	16,189	$	32,500	$	—	$	—	$	—	$	—		$	48,689

Reconciliation to net income and net income attributable to Common Shareholders
Net property income before depreciation and amortization														$	20,795
Other interest income														54
Depreciation and amortization														(9,141		)
Equity in losses of unconsolidated affiliates														(56		)
Interest and other finance expense														(8,634		)
Income tax provision														195
Net income														2,823
Net loss attributable to noncontrolling interests														1,187
Net income attributable to Common Shareholders														$	4,010


12.	SEGMENT REPORTING (continued)



Three Months Ended March 31, 2011
(dollars in thousands)	Core Portfolio		Opportunity Funds		Self- Storage Investments		Notes Receivable		Other		Amounts Eliminated in Consolidation			Total
Revenues	$	14,432	$	12,526	$	5,335	$	4,538	$	6,474	$	(5,858	)	$	37,447
Property operating expenses and real estate taxes	4,293		4,507		3,204		—		—		(445		)	11,559
General and administrative	5,898		3,480		—		—		—		(3,688		)	5,690
Income before depreciation and amortization and interest and other finance expense	$	4,241	$	4,539	$	2,131	$	4,538	$	6,474	$	(1,725	)	$	20,198
Depreciation and amortization	$	3,258	$	3,536	$	948	$	—	$	—	$	(108	)	$	7,634
Interest and other finance expense	$	4,204	$	3,813	$	967	$	—	$	—	$	(31	)	$	8,953
Real estate at cost	$	441,203	$	680,880	$	210,447	$	—	$	—	$	(13,623	)	$	1,318,907
Total assets	$	561,728	$	790,439	$	193,505	$	92,417	$	—	$	(106,348	)	$	1,531,741
Expenditures for redevelopment and improvements	$	1,385	$	11,670	$	445	$	—	$	—	$	(275	)	$	13,225

Reconciliation to net income and net income attributable to Common Shareholders
Net property income before depreciation and amortization														$	20,198
Other interest income														34
Depreciation and amortization														(7,634		)
Equity in losses of unconsolidated affiliates														(148		)
Interest and other finance expense														(8,953		)
Income tax provision														262
Gain on debt extinguishment														1,673
Income from discontinued operations														822
Gain on sale of property														3,922
Net income														9,652
Net (income) attributable to noncontrolling interests														(229		)
Net income attributable to Common Shareholders														$	9,423