EX-99 2 exhibit99.htm EXHIBIT 99 Unassociated Document

Our capital expenditures for the three and six months ended June 30, 2008 and 2007 were as follows (in thousands):

 
                         
   
Three Months Ended June 30,
   
Six Months Ended June 30,
 
   
2008
   
2007
   
2008
   
2007
 
Type
                       
Recurring
  $ 7,495     $ 7,921     $ 14,692     $ 14,146  
Reimbursements
    (881 )     (872 )     (2,041 )     (872 )
    Net recurring
    6,614       7,049       12,651       13,274  
Corporate(1)
    3,425       3,219       7,339       9,198  
EBITDA-enhancing(2)
    11,089       14,619       25,010       25,010  
Development(3)
    19,446       8,843       40,627       20,579  
     Net Total Capital Expenditures
  $ 40,574     $ 33,730     $ 85,627     $ 68,061  
                                 

(1)  
Corporate primarily includes capital expenditures for information technology systems and equipment.
(2)  
EBITDA-enhancing capital expenditures generally represent unusual or non-recurring capital items and/or major renovations.
(3)  
Development capital expenditures primarily relate to the facility expansion and de novo development program.