2.2.0.25falsefalse10401 - Disclosure - Investments in Unconsolidated Joint Venturestruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010 USD ($) USD ($) / shares $Duration_1_1_2010_To_12_31_2010http://www.sec.gov/CIK0001067063duration2010-01-01T00:00:002010-12-31T00:00:00Unit1Standardhttp://www.xbrl.org/2003/iso4217USDiso42170Unit13Dividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0Unit12Standardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseInvestments in Unconsolidated Joint Ventures3false0us-gaap_EquityMethodInvestmentsDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00<div> <div style="page: WordSection1;" class="WordSection1"> <div> <table style="line-height: 115%; width: 100%; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 0.25in; padding-right: 0in; padding-top: 0in;" valign="top" width="24"> 4.  </td> <td style="padding-bottom: 0in; padding-left: 0in; padding-right: 0in; padding-top: 0in;" valign="top"> INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES</td></tr></table>   The debt of the Company's unconsolidated joint ventures generally is non-recourse to the Company, except for customary exceptions pertaining to such matters as intentional misuse of funds, environmental conditions and material misrepresentations, and except as otherwise indicated below.   PLAZA VIII AND IX ASSOCIATES, L.L.C. Plaza VIII and IX Associates, L.L.C. is a joint venture between the Company and Columbia Development Company, L.L.C. ("Columbia"), which owns land for future development, located on the Hudson River waterfront in Jersey City, New Jersey, adjacent to the Company's Harborside Financial Center office complex.  The Company and Columbia each hold a 50 percent interest in the venture.  The venture owns undeveloped land currently used as a parking facility.   SOUTH PIER AT HARBORSIDE – HOTEL The Company has a joint venture with Hyatt Corporation ("Hyatt") which owns a 350-room hotel on the South Pier at Harborside Financial Center, Jersey City, New Jersey.  The Company owns a 50 percent interest in the venture.   The venture has a mortgage loan with a balance as of December 31, 2010 of $66.0 million collateralized by the hotel property.  The loan carries an interest rate of 6.15 percent and matures in November 2016.  The venture has a loan with a balance as of December 31, 2010 of $5.9 million with the City of Jersey City, provided by the U.S. Department of Housing and Urban Development.  The loan currently bears interest at fixed rates ranging from 6.09 percent to 6.62 percent and matures in August 2020.  The Company has posted a $5.9 million letter of credit in support of this loan, half of which is indemnified by Hyatt.   RED BANK CORPORATE PLAZA The Company has a joint venture with The PRC Group, which owns Red Bank Corporate Plaza, a 92,878 square foot office building located in Red Bank, New Jersey.  The property is fully leased to Hovnanian Enterprises, Inc. through September 30, 2017.  The Company holds a 50 percent interest in the venture.   The venture has a loan with a commercial bank collateralized by the office property, which carries a balance as of December 31, 2010 of $20.4 million, bears interest at a rate of the London Interbank Offered Rate ("LIBOR") plus 125 basis points and matures in April 2011.  LIBOR was 0.26 percent at December 31, 2010.  On January 26, 2010, the venture sold a vacant land parcel it had owned for approximately $1.7 million.   The Company performs management, leasing and other services for the property owned by the joint venture and recognized $91,000, $92,600 and $128,000 in fees for such services for the years ended December 31, 2010, 2009 and 2008, respectively.   MACK-GREEN-GALE LLC/GRAMERCY AGREEMENT On May 9, 2006, the Company entered into a joint venture, Mack-Green-Gale LLC and subsidiaries ("Mack-Green"), with SL Green, pursuant to which Mack-Green held an approximate 96 percent interest in and acted as general partner of Gale SLG NJ Operating Partnership, L.P. (the "OPLP").  The Company's acquisition cost for its interest in Mack-Green was approximately $125 million, which was funded primarily through borrowing under the Company's revolving credit facility.  At the time, the OPLP owned 100 percent of entities ("Property Entities") which owned 25 office properties (the "OPLP Properties") which aggregated 3.5 million square feet (consisting of 17 office properties aggregating 2.3 million square feet located in New Jersey and eight properties aggregating 1.2 million square feet located in Troy, Michigan).  In December 2007, the OPLP sold its eight properties located in Troy, Michigan for $83.5 million.  The venture recognized a loss of approximately $22.3 million from the sale.   As defined in the Mack-Green operating agreement, the Company shared decision-making equally with SL Green regarding:  (i) all major decisions involving the operations of Mack-Green; and (ii) overall general partner responsibilities in operating the OPLP.   The Mack-Green operating agreement generally provided for profits and losses to be allocated as follows:   <div align="center"> <table style="line-height: 115%; width: 100%; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 0.25in; padding-right: 0in; padding-top: 0in;" valign="top" width="24">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 27pt; padding-right: 0in; padding-top: 0in;" valign="top" width="36"> (i)</td> <td style="padding-bottom: 0in; padding-left: 0in; padding-right: 0in; padding-top: 0in;" valign="top"> 99 percent of Mack-Green's share of the profits and losses from 10 specific OPLP Properties allocable to the Company and one percent allocable to SL Green;</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 0.25in; padding-right: 0in; padding-top: 0in;" valign="top" width="24">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 27pt; padding-right: 0in; padding-top: 0in;" valign="top" width="36"> (ii)</td> <td style="padding-bottom: 0in; padding-left: 0in; padding-right: 0in; padding-top: 0in;" valign="top"> one percent of Mack-Green's share of the profits and losses from eight specific OPLP Properties and its minor interest in four office properties allocable to the Company and 99 percent allocable to SL Green; and</td></tr></table></div> (iii)         50 percent of all other profits and losses allocable to the Company and 50 percent allocable to SL Green.   Substantially all of the OPLP Properties were encumbered by mortgage loans with an aggregate outstanding principal balance of $276.3 million at March 31, 2009.  $185.0 million of the mortgage loans bore interest at a weighted average fixed interest rate of 6.26 percent per annum and matured at various times through May 2016.   Six of the OPLP Properties (the "Portfolio Properties") were encumbered by $90.3 million of mortgage loans which bore interest at a floating rate of LIBOR plus 275 basis points per annum and were scheduled to mature in May 2009. The floating rate mortgage loans were provided to the six entities which owned the Portfolio Properties (collectively, the "Portfolio Entities") by Gramercy, which was a related party of SL Green.  Based on the venture's anticipated holding period pertaining to the Portfolio Properties, the venture believed that the carrying amounts of these properties may not have been recoverable at December 31, 2008.  Accordingly, as the venture determined that its carrying value of these properties exceeded the estimated fair value, it recorded an impairment charge of approximately $32.3 million as of December 31, 2008.    On April 29, 2009, the Company acquired the remaining interests in Mack-Green from SL Green.  As a result, the Company owns 100 percent of Mack-Green.  Additionally, on April 29, 2009, the mortgage loans with Gramercy on the Portfolio Properties (the "Gramercy Agreement") were modified to provide for, among other things, interest to accrue at the current rate of LIBOR plus 275 basis points per annum, with the interest pay rate capped at 3.15 percent per annum.  Under the Gramercy Agreement, the payment of debt service is subordinate to the payment of operating expenses.  Interest at the pay rate is payable only out of funds generated by the Portfolio Properties and only to the extent that the Portfolio Properties' operating expenses have been paid, with any accrued unpaid interest above the pay rate serving to increase the balance of the amounts due at the termination of the agreement.  Any excess funds after payment of debt service generally will be escrowed and available for future capital and leasing costs, as well as to cover future cash flow shortfalls, as appropriate.  The Gramercy Agreement terminates on May 9, 2011.  Approximately six months in advance of the end of the term of the Gramercy Agreement, the Portfolio Entities are to provide estimates of each property's fair market value ("FMV").  Gramercy has the right to accept or reject the FMV.  If Gramercy rejects the FMV, Gramercy must market the property for sale in cooperation with the Portfolio Entities and must approve the ultimate sale.  However, Gramercy has no obligation to market a Portfolio Property if the FMV is less than the allocated amount due, including accrued, unpaid interest. If any Portfolio Property is not sold, the Portfolio Entities have agreed to give a deed in lieu of foreclosure, unless the FMV was equal to or greater than the allocated amount due for such Portfolio Property, in which case they can elect to have that Portfolio Property released by paying the FMV.  If Gramercy accepts the FMV, the Portfolio Property will be released from the Gramercy Agreement upon payment of the FMV.  Under the direction of Gramercy, the Company continues to perform management, leasing, and construction services for the Portfolio Properties at market terms.  The Portfolio Entities have a participation interest which provides for sharing 50 percent of any amount realized in excess of the allocated amounts due for each Portfolio Property.   As the Company acquired SL Green's interests in Mack-Green, the Company owns 100 percent of Mack-Green and is consolidating Mack-Green as of the closing date.  Mack-Green, in turn, has been and will continue consolidating the OPLP as Mack-Green's approximate 96 percent, general partner ownership interest in the OPLP remained unchanged as of the closing date.  Additionally, as of the closing date, the OPLP continues to consolidate its Property Entities which own 11 office properties aggregating 1.5 million square feet as its 100-percent ownership and rights regarding these entities were unchanged in the transaction.  The OPLP will not be consolidating the Portfolio Entities that own six office properties, aggregating 786,198 square feet, as the Gramercy Agreement is considered a reconsideration event under the provisions of ASC 810, Consolidation, and accordingly, the Portfolio Entities were deemed to be variable interest entities for which the OPLP was not considered the primary beneficiary based on the Gramercy Agreement as described above.  As a result of the SLG Transactions, the Company has an unconsolidated joint venture interest in the Portfolio Properties.   On March 31, 2010, the venture sold one of its unconsolidated Portfolio Properties subject to the Gramercy Agreement, 1280 Wall Street West, a 121,314 square foot office property, located in Lyndhurst, New Jersey, for approximately $13.9 million, which was primarily used to pay down mortgage loans pursuant to the Gramercy Agreement.   On December 17, 2010, the venture repaid the $26.8 million allocated loan amount of one of the unconsolidated Portfolio Properties which was subject to the Gramercy Agreement, One Grande Commons, a 198,376 square foot office property, located in Bridgewater, New Jersey.  Concurrent with the repayment, the venture placed $11 million mortgage financing on the property obtained from a bank.  As a result of the repayment of the existing mortgage loan, the venture, which is consolidated by the Company, obtained a controlling interest and is consolidating the office property.   The Company performs management, leasing, and construction services for properties owned by the unconsolidated joint ventures and recognized $861,000, $2.3 million and $5.2 million in income (net of $0, $1.1 million and $3.5 million in direct costs) for such services in the years ended December 31, 2010, 2009 and 2008, respectively.   GE/GALE FUNDING LLC (Princeton Forrestal Village) The Gale agreement signed as part of the Gale/Green transactions in May 2006 provided for the Company to acquire certain ownership interests in real estate projects (the "Non-Portfolio Properties"), subject to obtaining certain third party consents and the satisfaction of various project-related and/or other conditions.  Each of the Company's acquired interests in the Non-Portfolio Properties provide for the initial distributions of net cash flow solely to the Company, and thereafter an affiliate of Mr. Gale ("Gale Affiliate") has participation rights ("Gale Participation Rights") in 50 percent of the excess net cash flow remaining after the distribution to the Company of the aggregate amount equal to the sum of: (a) the Company's capital contributions, plus (b) an internal rate of return ("IRR") of 10 percent per annum, accruing on the date or dates of the Company's investments.   On May 9, 2006, as part of the Gale/Green transactions, the Company acquired from a Gale Affiliate for $1.8 million a 50 percent controlling interest in GMW Village Associates, LLC ("GMW Village").  The Company consolidates GMW Village, which includes accounts for investments in unconsolidated joint venture and noncontrolling interests in consolidated joint ventures, with any profit and loss recorded in equity in earnings (loss) and noncontrolling interests.  GMW Village holds a 20 percent interest in GE/Gale Funding LLC ("GE Gale").  GE Gale owns a 100 percent interest in the entity which owned Princeton Forrestal Village, a mixed-use, office/retail complex aggregating 527,015 square feet and located in Plainsboro, New Jersey ("Princeton Forrestal Village" or "PFV").   In addition to the cash consideration paid to acquire the interest, the Company provided a Gale affiliate with the Gale Participation Rights.   The operating agreement of GE Gale, which is owned 80 percent by GEBAM, Inc., provides for, among other things, distributions of net cash flow, initially, in proportion to each member's interest and subject to adjustment upon achievement of certain financial goals, as defined in the operating agreement.   On December 16, 2010, GE Gale sold PFV for $55 million, realizing a gain on the sale of $207,000 (of which the Company's share of $41,000 is included in equity in earnings for the year ended December 31, 2010).   The Company performed management, leasing, and other services for PFV and recognized $1.4 million, $1.1 million and $881,000 in income (net of $0, $0 and $288,000 in direct costs) for such services in the years ended December 31, 2010, 2009 and 2008, respectively.   GALE KIMBALL, L.L.C. On June 15,2006, the Company entered into a joint venture with a Gale Affiliate to form M-C Kimball, LLC ("M-C Kimball").  M-C Kimball was formed for the sole purpose of acquiring a Gale Affiliate's 33.33 percent membership interest in Gale Kimball, L.L.C. ("Gale Kimball"), an entity holding a 25 percent interest in 100 Kimball Drive LLC ("100 Kimball"), which developed and placed in service a 175,000 square foot office property that is leased to a single tenant, located at 100 Kimball Drive, Parsippany, New Jersey (the "Kimball Property").   The operating agreement of M-C Kimball provides, among other things, for the Gale Participation Rights (of which Mark Yeager, a former executive vice president of the Corporation, has a direct 26 percent interest).   Gale Kimball is owned 33.33 percent by M-C Kimball and 66.67 percent by the Hampshire Generational Fund, L.L.C. ("Hampshire").  The operating agreement of Gale Kimball provides, among other things, for the distribution of net cash flow, initially, in accordance with its members' respective membership interests and, upon achievement of certain financial conditions, 50 percent to each of the Company and Hampshire.   100 Kimball is owned 25 percent by Gale Kimball and 75 percent by 100 Kimball Drive Realty Member LLC, an affiliate of JPMorgan("JPM").The operating agreement of 100 Kimball provides, among other things, for the distributions to be made in the following order:   <table style="line-height: 115%; width: 100%; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; padding-top: 0in;" valign="top" width="60"> (i)  </td> <td style="padding-bottom: 0in; padding-left: 0in; padding-right: 0in; padding-top: 0in;" valign="top"> first, to JPM, such that JPM is provided with an annual 12 percent compound preferred return on Preferred Equity Capital Contributions (as such term is defined in the operating agreement of 100 Kimball and largely comprised of development and construction costs);</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; padding-top: 0in;" valign="top" width="60"> (ii)  </td> <td style="padding-bottom: 0in; padding-left: 0in; padding-right: 0in; padding-top: 0in;" valign="top"> second, to JPM, as return of Preferred Equity Capital Contributions until complete repayment of such Preferred Equity Capital Contributions;</td></tr></table> <table style="line-height: 115%; width: 100%; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; padding-top: 0in;" valign="top" width="60"> (iii)  </td> <td style="padding-bottom: 0in; padding-left: 0in; padding-right: 0in; padding-top: 0in;" valign="top"> third, to each of JPM and Gale Kimball in proportion to their respective membership interests until each member is provided, as a result of such distributions, with an annual twelve percent compound return on the Member's Capital Contributions (as defined in the operating agreement of 100 Kimball, and excluding Preferred Equity Capital Contributions, if any); and</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; padding-top: 0in;" valign="top" width="60"> (iv)  </td> <td style="padding-bottom: 0in; padding-left: 0in; padding-right: 0in; padding-top: 0in;" valign="top"> fourth, 50 percent to each of JPM and Gale Kimball.</td></tr></table>   On September 21, 2007, 100 Kimball obtained a $47 million mortgage loan which bore interest at a rate of 5.95 percent and was scheduled to mature in September 2012.  On December 30, 2009 the venture paid the lender $40 million to satisfy the debt and recorded a gain of $7.0 million (of which the Company's share of $579,000 is included in equity in earnings for the year ended December 31, 2009).  Concurrently, 100 Kimball obtained a $32 million mortgage loan that bore interest at a rate of the greater of LIBOR plus 400 basis points, or 5.50 percent. The loan was set to mature on January 10, 2013 with two one-year extension options, subject to certain conditions and payment of a fee.   On December 10, 2010, 100 Kimball sold its office property for approximately $60 million, realizing a gain on the sale of $19.8 million (of which the Company's share of $1.6 million is included in equity in earnings for the year ended December 31, 2010).  As a result of the sale the Company received a distribution of approximately $5.4 million, of which $2.4 million was paid out pursuant to the Gale Participation Rights.   The Company performs management, leasing, and other services for the property owned by 100 Kimball for which it recognized $262,000, $234,000 and $377,000 in income (net of $0, $0 and $1.0 million in direct costs) for such services in the years ended December 31, 2010, 2009 and 2008, respectively.   55 CORPORATE PARTNERS, LLC On June 9,2006, the Company entered into a joint venture with a Gale Affiliate to form 55 Corporate Partners L.L.C. ("55 Corporate").  55 Corporate was formed for the sole purpose of acquiring from a Gale Affiliate a 50 percent interest in SLG 55 Corporate Drive II LLC ("SLG 55"), an entity presently holding a 100 percent indirect condominium interest in a vacant land parcel located in Bridgewater, New Jersey, which can accommodate development of an approximately 205,000 square foot office building (the "55 Corporate Property").  The remaining 50 percent in SLG 55 was owned by SLG Gale 55 Corporate LLC, an affiliate of SLGreen Realty Corp.("SLG Gale 55").   Sanofi-Aventis U.S. Inc. ("Sanofi"), which occupied neighboring buildings, exercised its option to cause the venture to construct a building on its vacant, developable land and has signed a lease for the building.  The lease has a term of 15 years, subject to three five-year extension options.  The construction of the building commenced in 2009 and was delivered to the tenant in January 2011.  The total estimated costs of the project are expected to be approximately $50.9 million.   The operating agreement of 55 Corporate provides, among other things, for the Gale Participation Rights (of which Mr. Yeager has a direct 26 percent interest).  If Mr. Gale receives any commission payments with respect to the Sanofi lease on the development property, Mr. Gale has agreed to pay to Mr. Yeager 26 percent of such payments.   The operating agreement of SLG 55 provided, among other things, for the distribution of the available net cash flow to each of 55 Corporate and SLG Gale 55 in proportion to their respective membership interests in SLG 55 (50 percent each).   On April 29, 2009, the Company acquired the remaining 50 percent interest in 55 Corporate from SLG Gale 55 Corporate LLC, an affiliate of SL Green.  As of the closing date, the Company owns 100 percent of and is consolidating the venture, 50 percent of which remains subject to the Gale Participation Rights.  In connection with this transaction, the Company also acquired the remaining interest in Mack-Green from an affiliate of SLG Gale 55 Corporate LLC.   12 VREELAND ASSOCIATES, L.L.C. On September 8,2006, the Company entered into a joint venture with a Gale Affiliate to form M-C Vreeland, LLC ("M-C Vreeland").  M-C Vreeland was formed for the sole purpose of acquiring a Gale Affiliate's 50 percent membership interest in 12 Vreeland Associates, L.L.C., an entity owning an office property located at 12 Vreeland Road, Florham Park, New Jersey.   The operating agreement of M-C Vreeland provides, among other things, for the Gale Participation Rights (of which Mark Yeager, a former executive vice president of the Company, has a direct 15 percent interest).   The office property at 12 Vreeland is a 139,750 square foot office building.  The property is subject to a fully-amortizing mortgage loan, which matures on July 1, 2012, and bears interest at 6.9 percent per annum.  As of December 31, 2010 the outstanding balance on the mortgage note was $3.2 million.   Under the operating agreement of 12 Vreeland Associates, L.L.C., M-C Vreeland has a 50 percent interest, with S/K Florham Park Associates, L.L.C. (the managing member) and its affiliate holding the other 50 percent.   BOSTON-DOWNTOWN CROSSING On October 20, 2006, the Company formed a joint venture (the "MC/Gale JV LLC") with Gale International/426 Washington St. LLC ("Gale/426"), which, in turn, entered into a joint venture (the "Vornado JV LLC") with VNO 426 Washington Street JV LLC ("Vornado"), an affiliate of Vornado Realty LP, which was formed to acquire and redevelop the Filenes property located in the Downtown Crossing district of Boston, Massachusetts (the "Filenes Property").   On January 25, 2007, (i) each of M-C/Gale JV LLC, Gale and Washington Street Realty Member LLC ("JPM") formed a joint venture ("JPM JV LLC"), (ii) M-C/Gale JV LLC assigned its entire 50 percent ownership interest in the Vornado JV LLC to JPM JV LLC, (iii) the Limited Liability Company Agreement of Vornado JV LLC was amended to reflect, among other things, the change in the ownership structure described in subsection (ii) above, and (iv) the Limited Liability Company Agreement of MC/Gale JV LLC was amended and restated to reflect, among other things, the change in the ownership structure described in subsection (ii) above.  The Vornado JV LLC acquired the Filenes Property on January 29, 2007, for approximately $100 million.   On or about September 16, 2008, Vornado JV LLC was reorganized in contemplation of developing and converting the Filenes property into a condominium consisting of a retail unit, an office unit, a parking unit, a hotel unit and a residential unit.  Pursuant to this reorganization, (i) the Company and Gale/426 formed a new joint venture ("M-C/Gale JV II LLC") and (ii) M-C/Gale JV II LLC and Washington Street Realty Member II LLC ("JPM II") formed a new joint venture ("JPM JV II LLC") to invest in a new joint venture ("Vornado JV II LLC") with Vornado RTR DC LLC, an affiliate of Vornado Realty, LP ("Vornado II").  Following this reorganization, Vornado JV LLC owns the interests in the retail unit and the office unit (the "Filenes Office/Retail Component") and Vornado JV II LLC owns the interests in the parking unit, the hotel unit and the residential unit ("the "Filenes Hotel/Residential/Parking Component").   In connection with the foregoing, (a) the Limited Liability Company Agreement of Vornado JV LLC, as amended, was amended and restated to reflect, among other things, the change in the ownership structure described above, (b) the Limited Liability Company Agreement of JPM JV LLC was amended and restated to reflect, among other things, the change in the ownership structure described above and (c) the Limited Liability Company Agreement of M-C/Gale JV LLC was amended and restated to reflect, among other things, the change in the ownership structure described above.   As a result of the foregoing transactions, (A) (i) the Filenes Office/Retail Component is owned by Vornado JV LLC, (ii) Vornado JV LLC is owned 50 percent by each of Vornado and JPM JV LLC, (iii) JPM JV LLC is owned 30 percent by M-C/Gale JV LLC, 70 percent by JPM and managed by Gale/426, which has no ownership interest in JPM JV LLC, and (iv) M-C/Gale JV LLC is owned 99.99 percent by the Company and 0.01 percent by Gale/426 and (B) (i) the Filenes Hotel/Residential/Parking Component is owned by Vornado JV II LLC, (ii) Vornado JV II LLC is owned 50 percent by each of Vornado II and JPM JV II LLC, (iii) JPM JV II LLC is owned 30 percent by M-C/Gale JV II LLC, 70 percent by JPM II and managed by Gale/426, which has no ownership interest in JPM JV II LLC, and (iv) M-C/Gale JV II LLC is owned 99.99 percent by the Company and 0.01 percent by Gale/426.  Thus, the Company holds approximately a 15 percent indirect ownership interest in each of Vornado JV LLC and Vornado JV II LLC and the Filenes Property.   Distributions are made (i) by Vornado JV LLC in proportion to its members' respective ownership interests, (ii) by JPM JV LLC (a) initially, in proportion to its members' respective ownership interests until JPM's investment yields an 11 percent IRR, (b) thereafter, 60/40 to JPM and MC/Gale JV LLC, respectively, until JPM's investment yields a 15 percent IRR and (c) thereafter, 50/50 to JPM and MC/Gale JV LLC, respectively, and (iii) by MC/Gale JV LLC (w) initially, in proportion to its members' respective ownership interests until each member has received a 10 percent IRR on its investment, (x) thereafter, 65/35 to the Company and Gale/426, respectively, until the Company's investment yields a 15 percent IRR, (y) if by the time the Company receives a 15 percent IRR on its investment, Gale/426 has not done so, 100 percent to Gale/426 until Gale/426's investment yields a 15 percent IRR, and (z) thereafter,  50/50 to each of the Company and Gale/426.   Distributions are made (i) by Vornado JV II LLC in proportion to its members' respective ownership interests, (ii) by JPM JV II LLC (a) initially, in proportion to its members' respective ownership interests until JPM II's investment yields an 11 percent IRR, (b) thereafter, 60/40 to JPM II and M-C/Gale JV II LLC, respectively, until JPM II's investment yields a 15 percent IRR and (c) thereafter, 50/50 to JPM II and M-C/Gale JV II LLC, respectively, and (iii) by M-C/Gale JV II LLC (w) initially, in proportion to its members' respective ownership interests until each member has received a 10 percent IRR on its investment, (x) thereafter, 65/35 to the Company and Gale/426, respectively, until the Company's investment yields a 15 percent IRR, (y) if by the time the Company receives a 15 percent IRR on its investment, Gale/426 has not done so, 100 percent to Gale/426 until Gale/426's investment yields a 15 percent IRR, and (z) thereafter, 50/50 to each of the Company and Gale/426.   The joint venture has suspended its plans for the development of the Filenes Property which was to include approximately 1.2 million square feet consisting of office, retail, condominium apartments, hotel and a parking garage.  The project is subject to governmental approvals.  The venture recorded an impairment charge of approximately $69.5 million on its development project as of December 31, 2008.   GALE JEFFERSON, L.L.C. On August 22, 2007, the Company entered into a joint venture with a Gale Affiliate to form M-C Jefferson, L.L.C. ("M-C Jefferson").  M-C Jefferson was formed for the sole purpose of acquiring a Gale Affiliate's 33.33 percent membership interest in Gale Jefferson, L.L.C. ("Gale Jefferson"), an entity holding a 25 percent interest in One Jefferson Road LLC ("One Jefferson"), which developed and placed in service a 100,000 square foot office property at One Jefferson Road, Parsippany, New Jersey, ("the Jefferson Property").  The property has been fully leased to a single tenant through August 2025.   The operating agreement of M-C Jefferson provides, among other things, for the Gale Participation Rights (of which Mark Yeager, a former executive vice president of the Corporation, has a direct 26 percent interest).  Gale Jefferson is owned 33.33 percent by M-C Jefferson and 66.67 percent by the Hampshire Generational Fund, L.L.C. ("Hampshire").  The operating agreements of Gale Jefferson provides, among other things, for the distribution of net cash flow, first, in accordance with its member's respective interests until each member is provided, as a result of such distributions, with an annual 12 percent compound return on the Member's Capital Contributions, as defined in the operating agreement and secondly, 50 percent to each of the Company and Hampshire.   One Jefferson has a loan in an amount not to exceed $21 million (with a balance of $20.4 million at December 31, 2010), bearing interest at a rate of LIBOR plus 160 basis points and maturing on October 24, 2011.   The Company performs management, leasing and other services for Gale Jefferson and recognized $532,000, $190,000 and $286,000 in income (net of $5.6 million, $646,000 and $9.6 million in direct costs) for such services for the years ended December 31, 2010, 2009 and 2008, respectively.   RAMLAND REALTY ASSOCIATES L.L.C. (One Ramland Road) On August 20, 1998, the Company entered into a 50/50 joint venture with S.B. New York Realty Corp. to form Ramland Realty Associates L.L.C.  The venture was formed to own, manage and operate One Ramland Road, a 232,000 square foot office/flex building and adjacent developable land, located in Orangeburg, New York.  In August 1999, the joint venture completed redevelopment of the property and placed the office/flex building in service.  The venture recorded an impairment loss of approximately $4.3 million on its rental property as of December 31, 2007.  On December 31, 2008, the venture transferred the deed to the lender in satisfaction of its obligations, including its mortgage with a balance of $14.7 million, and recorded a gain on the disposal of its office property of $7.5 million.   The Company performed management, leasing and other services for the property when owned by the joint venture and recognized $57,000 in fees for such services for the year ended December 31, 2008.   ROUTE 93 MASTER LLC ("Route 93 Participant")/ROUTE 93 BEDFORD MASTER LLC (with the Route 93 Participant, collectively, the "Route 93 Venture") On June 1, 2006, the Route 93 Venture was formed between the Route 93 Participant, a majority-owned subsidiary of the Company, having a 30 percent interest and the Commingled Pension Trust Fund (Special Situation Property) of JPMorgan Chase Bank having a 70 percent interest, for the purpose of acquiring seven office buildings, aggregating 666,697 square feet, located in the towns of Andover, Bedford and Billerica, Massachusetts.  Profits and losses were shared by the partners in proportion to their respective interests until the investment yielded an 11 percent IRR, then sharing shifted to 40/60, and when the IRR reached 15 percent, then sharing shifted to 50/50.  The Route 93 Participant is a joint venture between the Company and a Gale affiliate.  Profits and losses were shared by the partners under this venture in proportion to their respective interests (83.3/16.7) until the investment yielded an 11 percent IRR, then sharing shifted to 50/50.   On March 31, 2009, on account of the deterioration at the time in the commercial real estate markets in the Boston area, the Company wrote off its investment in the venture and recorded an impairment charge in equity in earnings (loss) of $4.0 million (of which $0.6 million was attributable to noncontrolling interest in consolidated joint ventures) during the period.  The Route 93 Ventures had a mortgage loan with a $44.2 million balance at September 1, 2009 collateralized by its office properties.  The loan bore interest at a rate of LIBOR plus 220 basis points and was scheduled to mature on July 11, 2009.  On September 2, 2009, the venture transferred the deeds to the lender in satisfaction of its obligations.   SUMMARIES OF UNCONSOLIDATED JOINT VENTURES The following is a summary of the financial position of the unconsolidated joint ventures in which the Company had investment interests as of December 31, 2010 and 2009:  (dollars in thousands)   <table style="line-height: 115%; width: 100%; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="top" width="16%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 73%; padding-right: 0in; padding-top: 0in;" width="73%" colspan="10"> December 31, 2010</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="top" width="16%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Plaza</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Red Bank</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Princeton</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Boston-</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="top" width="16%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> VIII & IX</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Harborside</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Corporate</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Gramercy</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Forrestal</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> 12</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Downtown</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Combined</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="top" width="16%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Associates</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> South Pier</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Plaza I & II</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Agreement</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Village</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Kimball</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Vreeland</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Crossing</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Jefferson</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Total</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Assets:</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Rental property, net</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   8,947</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 64,964</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 23,594</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 40,786</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 14,081</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 152,372</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Other assets</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 906</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 11,681</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 6,422</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 6,261</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $  1,434</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $      51</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 734</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 46,062</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 2,415</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 75,966</td></tr> <tr><td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Total assets</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   9,853</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 76,645</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 30,016</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 47,047</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $  1,434</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $      51</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 14,815</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 46,062</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 2,415</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 228,338</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Liabilities and</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">  partners'/members'</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">  capital (deficit):</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Mortgages, loans payable</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   and other obligations</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 71,914</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 20,424</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 50,978</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   3,161</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 146,477</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Other liabilities</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $      529</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 4,820</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 89</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 1,719</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $     337</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 7,494</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Partners'/members'</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   capital (deficit)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 9,324</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (89)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 9,503</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> (5,650)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 1,097</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $      51</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 11,654</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 46,062</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 2,415</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   74,367</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Total liabilities and</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   partners'/members'</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   capital (deficit)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   9,853</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 76,645</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 30,016</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 47,047</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $  1,434</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $      51</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 14,815</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 46,062</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 2,415</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 228,338</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Company's investments</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   in unconsolidated</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   joint ventures, net</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   4,584</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   1,161</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $   4,598</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   9,860</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 13,022</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $    995</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   34,220</td></tr></table>     <table style="line-height: 115%; width: 100%; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="top" width="16%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 73%; padding-right: 0in; padding-top: 0in;" width="73%" colspan="10"> December 31, 2009</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="top" width="16%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Plaza</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Red Bank</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Princeton</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Boston-</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="top" width="16%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> VIII & IX</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Harborside</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Corporate</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Gramercy</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Forrestal</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> 12</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Downtown</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Combined</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="top" width="16%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Associates</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> South Pier</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Plaza I & II</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%"> Agreement</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Village</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Kimball</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Vreeland</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Crossing</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Jefferson</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Total</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Assets:</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Rental property, net</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   9,560</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 61,836</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 24,884</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $   73,037</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 38,739</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 15,265</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 223,321</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Other assets</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 997</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 15,255</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 4,623</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 8,631</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 21,937</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,998</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 1,068</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 45,850</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,780</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 102,139</td></tr> <tr><td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Total assets</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 10,557</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 77,091</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 29,507</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $   81,668</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 60,676</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,998</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 16,333</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 45,850</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,780</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 325,460</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Liabilities and</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">  partners'/members'</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">  capital (deficit):</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Mortgages, loans payable</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   and other obligations</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 73,553</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 20,764</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $   90,288</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 51,187</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   5,007</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 240,799</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Other liabilities</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $      532</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 4,374</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 162</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 2,589</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 3,830</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 11,487</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Partners'/members'</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   capital (deficit)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 10,025</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (836)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> 8,581</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> (11,209)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 5,659</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,998</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  11,326</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 45,850</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,780</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> 73,174</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Total liabilities and</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   partners'/members'</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   capital (deficit)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 10,557</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 77,091</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $ 29,507</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $   81,668</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 60,676</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,998</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 16,333</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 45,850</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,780</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 325,460</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%"> Company's investments</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   in unconsolidated</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="top" width="8%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 16%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="16%">   joint ventures, net</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   4,935</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $      860</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> $   4,104</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 8%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="8%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   1,211</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,259</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   9,599</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 12,948</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $    764</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   35,680</td></tr></table>   SUMMARIES OF UNCONSOLIDATED JOINT VENTURES The following is a summary of the results of operations of the unconsolidated joint ventures for the period in which the Company had investment interests during the years ended December 31 2010, 2009 and 2008:  (dollars in thousands)   <table style="line-height: 115%; width: 100%; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="padding-bottom: 1.6pt; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 87%; padding-right: 0in; padding-top: 0in;" width="87%" colspan="14"> Year Ended December 31, 2010</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 1%; padding-right: 0in; padding-top: 0in;" valign="top" width="1%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Plaza</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Ramland</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Red Bank</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Princeton</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Boston-</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%" colspan="2">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> VIII & IX</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Realty/</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Harborside</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Corporate</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Gramercy</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Forrestal</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Route 93</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> 12</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Downtown</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%" colspan="2"> Combined</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" width="2%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Associates</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Other</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> South Pier</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Plaza I & II</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> M-G-G</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Agreement</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Village</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Portfolio</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Kimball</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Vreeland</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Crossing</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Jefferson</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%" colspan="2"> Total</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Total revenues</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $    798</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 34,680</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 4,325</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $ 17,802</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $ 11,769</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ 5,194</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ 2,386</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> $  76,954</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Operating and other</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> (206)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (24,417)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (1,028)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (5,793)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (6,433)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (161)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (1,424)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (74)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> (39,536)</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Depreciation and amortization</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> (612)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (5,067)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (901)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (3,965)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (3,154)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (1,411)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> (15,110)</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Interest expense</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (4,449)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (335)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (2,485)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (1,620)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (293)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> (9,182)</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2">  </td></tr> <tr><td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Net income</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $     (20)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $      747</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 2,061</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $   5,559</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $    562</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ 5,194</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $    521</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (1,424)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (74)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> $  13,126</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Company's equity in earnings</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%">   (loss)of unconsolidated</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2">  </td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%">   joint ventures</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $     (10)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $      301</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $    649</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $    (379)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ 1,909</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $    260</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $    (437)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (17)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> $    2,276</td></tr> <tr><td width="87"> </td> <td width="3"> </td> <td width="57"> </td> <td width="51"> </td> <td width="60"> </td> <td width="55"> </td> <td width="20"> </td> <td width="59"> </td> <td width="51"> </td> <td width="47"> </td> <td width="43"> </td> <td width="49"> </td> <td width="59"> </td> <td width="50"> </td> <td width="49"> </td> <td width="8"> </td></tr></table>     <table style="line-height: 115%; width: 100%; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="padding-bottom: 1.6pt; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 87%; padding-right: 0in; padding-top: 0in;" width="87%" colspan="14"> Year Ended December 31, 2009</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 1%; padding-right: 0in; padding-top: 0in;" valign="top" width="1%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Plaza</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Ramland</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Red Bank</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Princeton</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Boston-</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%" colspan="2">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> VIII & IX</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Realty/</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Harborside</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Corporate</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Gramercy</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Forrestal</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Route 93</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> 12</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Downtown</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%" colspan="2"> Combined</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" width="2%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Associates</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Other</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> South Pier</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Plaza I & II</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> M-G-G</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Agreement</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Village</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Portfolio</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Kimball</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Vreeland</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Crossing</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Jefferson</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%" colspan="2"> Total</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Total revenues</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $    804</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 35,002</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 3,214</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $ 17,582</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $  7,902</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $ 13,171</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $  2,153</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ 2,579</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> $  82,407</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Operating and other</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> (192)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (23,170)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (1,002)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (7,076)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (4,675)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (7,558)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (2,487)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ 1,664</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (62)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (10,881)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (58)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> (55,497)</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Depreciation and amortization</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> (612)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (4,215)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (871)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (6,493)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (3,073)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (3,948)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (1,206)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (1,251)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> (21,669)</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Interest expense</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (4,592)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (340)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (4,883)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (1,862)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (1,788)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (649)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (467)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> (14,581)</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2">  </td></tr> <tr><td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Net income</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   3,025</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 1,001</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $     (870)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $  (1,708)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $    (123)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (2,189)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ 1,664</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $    799</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  $ (10,881)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (58)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> $   (9,340)</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Company's equity in earnings</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%">   (loss) o f unconsolidated</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2">  </td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%">   joint ventures</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   2,856</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $    463</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $     (916)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $    (131)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (4,354)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $    648</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $    400</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $  ( 4,500)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (26)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> $   (5,560)</td></tr> <tr><td width="83"> </td> <td width="3"> </td> <td width="57"> </td> <td width="51"> </td> <td width="60"> </td> <td width="55"> </td> <td width="51"> </td> <td width="59"> </td> <td width="51"> </td> <td width="47"> </td> <td width="43"> </td> <td width="49"> </td> <td width="59"> </td> <td width="50"> </td> <td width="49"> </td> <td width="8"> </td></tr></table>     <table style="line-height: 115%; width: 100%; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="padding-bottom: 1.6pt; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 87%; padding-right: 0in; padding-top: 0in;" width="87%" colspan="14"> Year Ended December 31, 2008</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 1%; padding-right: 0in; padding-top: 0in;" valign="top" width="1%">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Plaza</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Ramland</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Red Bank</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Princeton</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Boston-</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%" colspan="2">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> VIII & IX</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Realty/</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> Harborside</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Corporate</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Gramercy</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Forrestal</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Route 93</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> 12</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Downtown</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Gale</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%" colspan="2"> Combined</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="top" width="14%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" width="2%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Associates</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" width="6%"> Other</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%"> South Pier</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Plaza I & II</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> M-G-G</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Agreement</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> Village</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Portfolio</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Kimball</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Vreeland</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Crossing</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> Jefferson</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" width="7%" colspan="2"> Total</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Total revenues</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $ 1,131</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $ 9,186</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 45,783</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $ 3,205</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $ 51,285</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $ 12,924</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $  2,770</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ 2,188</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> $ 128,472</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Operating and other</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> (183)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> (1,182)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (26,746)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (906)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (52,213)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (8,843)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (3,716)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $      (43)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (72)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (34,712)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> (128,616)</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Depreciation and amortization</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> (614)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> (481)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (4,926)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (631)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (20,433)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (5,454)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (1,758)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (511)</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> (34,808)</td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Interest expense</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> (203)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (4,682)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> (792)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (17,381)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> (3,318)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (2,443)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> (509)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> (29,328)</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2">  </td></tr> <tr><td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Net income</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $    334</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $ 7,320</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   9,429</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $    876</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $ (38,742)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $ (4,691)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (5,147)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $      (43)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ 1,096</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (34,712)</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 3px double; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> $  (64,280)</td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%"> Company's equity in earnings</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2">  </td></tr> <tr><td style="padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%">   (loss) o f unconsolidated</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%">  </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2">  </td></tr> <tr><td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 14%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="14%">   joint ventures</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 2%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="2%">  </td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $    167</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="6%"> $      90</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $   4,740</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%"> $    475</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $ (32,354)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 6%; padding-right: 0in; padding-top: 0in;" valign="top" width="6%"> $    (880)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (1,154)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $     455</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $    548</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> $ (11,839)</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="top" width="7%"> --</td> <td style="border-bottom: black 1.5pt solid; padding-bottom: 0in; padding-left: 0in; width: 7%; padding-right: 0in; padding-top: 0in;" valign="bottom" width="7%" colspan="2"> $  (39,752)</td></tr> <tr><td width="83"> </td> <td width="3"> </td> <td width="57"> </td> <td width="51"> </td> <td width="60"> </td> <td width="55"> </td> <td width="46"> </td> <td width="59"> </td> <td width="51"> </td> <td width="47"> </td> <td width="47"> </td> <td width="49"> </td> <td width="59"> </td> <td width="50"> </td> <td width="51"> </td> <td width="8"> </td></tr></table>  </div></div> </div>4.   INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES   The debt of the Company's unconsolidated joint ventures generally is non-recourse to thefalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringEquity investment disclosure, or group of investments for which combined disclosure is appropriate, including: (a) the name of each investee and percentage of ownership of common stock, (b) accounting policies for investments in common stock, (c) difference between the amount at which the investment is carried and the amount of underlying equity in net assets and the accounting treatment of the difference, (d) the total fair value of each identified investment for which a market value is available, (e) summarized information as to assets, liabilities, and results of operations of the investees (for investments in unconsolidated subsidiaries, common stock of joint ventures, or other investments using the equity method), and (f) material effects of possible conversions, exercises, or contingent issuances of the investee. Other disclosures include (a) the names of any investee in which the investor owns 20 percent or more of the voting stock and investment is not accounted for using the equity method, and the reasons why not, and (b) the names of any investee in which the investor owns less than 20% of the voting stock and the investment is accounted for using the equity method, and the reasons why it is.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 18 -Paragraph 20 falsefalseInvestments in Unconsolidated Joint Ventures12Investments in Unconsolidated Joint VenturesUnKnownUnKnownUnKnownUnKnownfalsetrue