Rental Properties (Tables)

6 Months Ended

Jun. 30, 2011

Rental Properties

Summary of Carrying Amounts of Rental Properties

	June 30, 2011			December 31, 2010
Buildings and improvements	$	1,580,455		$	1,707,181
Furniture, fixtures & equipment		57,123			71,866
Land		494,937			537,929
		2,132,515			2,316,976
Accumulated depreciation		(316,580	)		(296,785	)
Total	$	1,815,935		$	2,020,191