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Selected Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2011

Selected Quarterly Financial Data (unaudited)

Selected Quarterly Financial Data (unaudited)

Note 12. Selected Quarterly Financial Data (unaudited)

The following is a summary of our unaudited quarterly results of operations for 2011 and 2010. Reclassifications have been made to the prior quarters and prior years results to conform rental income, property operating expenses, general and administrative expenses, interest and other income and impairment of assets to the current classification. These reclassifications had no effect on net income or shareholders' equity.

	2011

	First Quarter⁽¹⁾		Second Quarter⁽¹⁾		Third Quarter⁽¹⁾		Fourth Quarter
Revenues	$	98,077	$	100,748	$	113,277	$	136,603
Net income		31,776		51,048		29,996		38,599
Per share data:
Net income	$	0.22	$	0.36	$	0.20	$	0.24
Common distributions declared⁽²⁾	$	0.37	$	0.37	$	0.38	$	0.38

	2010

	First Quarter⁽¹⁾		Second Quarter⁽¹⁾		Third Quarter⁽¹⁾		Fourth Quarter⁽¹⁾
Revenues	$	80,704	$	81,008	$	81,164	$	97,295
Net income		29,984		24,559		28,078		33,864
Per share data:
Net income	$	0.24	$	0.19	$	0.22	$	0.26
Common distributions declared⁽²⁾	$	0.36	$	0.36	$	0.37	$	0.37

(1): Amounts previously reported have been adjusted as follows:

	2011

	First Quarter		Second Quarter		Third Quarter
Total revenues as previously reported in 2011	$	98,077	$	100,748	$	113,277
Total reclassifications		475		414		423

Total revenues restated	$	98,552	$	101,162	$	113,700

	2010

	First Quarter		Second Quarter			Third Quarter			Fourth Quarter
Total revenues as previously reported in 2010	$	80,704	$	81,008		$	81,164		$	97,295
Total reclassifications		54		(30	)		(150	)		68

Total revenues restated	$	80,758	$	80,978		$	81,014		$	97,363

(2): Amounts represent distributions declared with respect to the periods shown. Distributions are generally paid in the quarterly period following the quarterly period to which they relate.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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