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<div> <div><!-- 2.0.3706.15792 --><div><!-- body --><div>
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<div style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;"><font class="_mt" style="display: inline; font-size: 10pt; font-family: Times New Roman;">6.</font></div>
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<td>
<div align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: Times New Roman;"><font class="_mt" style="display: inline; text-decoration: underline;">Line of Credit and Notes Payable</font></font></div>
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<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="display: block; margin-left: 18pt; text-indent: 36pt; margin-right: 0pt;" align="justify"><font class="_mt" style="display: inline; font-size: 10pt; font-family: Times New Roman;">At December 31, 2009, we have a revolving credit agreement (the “Credit Agreement”) which expires on March 27, 2012, with an aggregate limit with respect to borrowings and letters of credit of $300 million. Amounts drawn on the Credit Agreement bear an annual interest rate ranging from the London Interbank Offered Rate (“LIBOR”) plus 0.35% to LIBOR plus 1.00% depending on our credit ratings (LIBOR plus 0.35% at December 31, 2009). In addition, we are required to pay a quarterly facility fee ranging from 0.10% per annum to 0.25% per annum depending on our credit ratings (0.10% per annum at December 31, 2009). We had no outstanding borrowings on our Credit Agreement at December 31, 2009 or at February 26, 2010. At December 31, 2009, we had undrawn standby letters of credit, which reduce our borrowing capability with respect to our line of credit by the amount of the letters of credit, totaling $18,270,000 ($17,736,000 at December 31, 2008).</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="display: block; margin-left: 18pt; text-indent: 36pt; margin-right: 0pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: Times New Roman;">The carrying amounts of our notes payable at December 31, 2009 and 2008 consist of the following (dollar amounts in thousands):</font></div>
<div style="display: block; margin-left: 18pt; text-indent: 36pt; margin-right: 0pt;" align="left"><font class="_mt" size="2"><br /></font>
<div align="center">
<table cellspacing="0" cellpadding="0" width="80%">
<tr>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">December 31, 2009</font></div>
</div>
</td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">December 31, 2008</font></div>
</div>
</td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Carrying amount</font></div>
</div>
</td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Fair</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Value</font></div>
</div>
</td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Carrying amount</font></div>
</div>
</td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Fair</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Value</font></div>
</div>
</td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" align="left">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: -0.9pt;" align="left"><font class="_mt" style="display: inline; font-weight: bold; font-size: 10pt; font-style: italic; font-family: times new roman;">Unsecured Notes Payable:</font></div>
</td>
<td valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" colspan="2"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" colspan="2"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" colspan="2"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" colspan="2"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" colspan="2"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" colspan="2"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" colspan="2"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" colspan="2"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" align="left" width="52%">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: -0.9pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">5.875% effective and stated note rate, interest only and payable semi-annually, matures in March 2013</font></div>
</td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">186,460</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">183,204</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">200,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">197,995</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" align="left" width="52%">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: -0.9pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">5.7% effective rate, 7.75% stated note rate, interest only and payable semi-annually, matures in February 2011 (carrying amount includes $1,889 of unamortized premium at December 31, 2009 and $7,433 at December 31, 2008)</font></div>
</td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"> <font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">105,206</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"> <font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">104,545</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"> <font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">207,433</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"> <font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">208,903</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" width="52%">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: -0.9pt;" align="justify"> </div>
</td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" align="left" width="52%">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: -0.9pt;" align="left"><font class="_mt" style="display: inline; font-weight: bold; font-size: 10pt; font-style: italic; font-family: times new roman;">Secured Notes Payable:</font></div>
</td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" width="52%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td style="padding-bottom: 2px;" valign="bottom" align="left" width="52%">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: -0.9pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">5.5% average effective rate fixed rate mortgage notes payable, secured by 89 real estate facilities with a net book value of approximately $562 million at December 31, 2009 and stated note rates between 4.95% and 8.00%, maturing at varying dates between January 2010 and September 2028 (carrying amount includes $3,983 of unamortized premium at December 31, 2009 and $5,634 at December 31, 2008)</font></div>
</td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="9%"> <font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">227,223</font></td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="9%"> <font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">238,134</font></td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="9%"> <font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">236,378</font></td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="9%"> <font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">243,638</font></td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" width="52%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td style="padding-bottom: 4px;" valign="bottom" align="left" width="52%">
<div style="display: block; margin-left: 36pt; text-indent: 0pt; margin-right: -0.9pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Total notes payable</font></div>
</td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">518,889</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">525,883</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">643,811</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">650,536</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" width="52%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
</table>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="display: block; margin-left: 18pt; text-indent: 36pt; margin-right: 0pt;" align="justify"><font class="_mt" style="display: inline; font-size: 10pt; font-family: Times New Roman;">Substantially all of our debt was acquired in connection with a property or other acquisition, and in such cases an initial premium or discount is established for any difference between the stated note balance and estimated fair value. This initial premium or discount is amortized over the remaining term of the notes using the effective interest method. Estimated fair values are based upon discounting the future cash flows under each respective note at an interest rate that approximates those of loans with similar credit characteristics and term to maturity. These inputs for fair value represent significant unobservable inputs, which are “Level 3” inputs as the term is defined in the Codification.</font></div>
<div style="display: block; text-indent: 0pt;"><br /></div>
<div style="display: block; margin-left: 18pt; text-indent: 36pt; margin-right: 0pt;" align="justify"><font class="_mt" style="display: inline; font-size: 10pt; font-family: Times New Roman;">On February 12, 2009, we acquired $110,223,000 face amount ($113,736,000 book value) of our existing unsecured notes pursuant to a tender offer for an aggregate of $109,622,000 in cash (including costs associated with the tender of $414,000) plus accrued interest. In connection with this transaction, we recognized a gain of $4,114,000 for the year ended December 31, 2009, representing the difference between the book value of $113,736,000 and the retirement amount paid plus tender offer costs.</font></div>
<div style="display: block; text-indent: 0pt;"><br /></div>
<div style="display: block; margin-left: 18pt; text-indent: 36pt; margin-right: 0pt;" align="justify"><font class="_mt" style="display: inline; font-size: 10pt; font-family: Times New Roman;">Our notes payable and our Credit Agreement each have various customary restrictive covenants, all of which have been met at December 31, 2009.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="display: block; margin-left: 18pt; text-indent: 36pt; margin-right: 0pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: Times New Roman;">At December 31, 2009, approximate principal maturities of our notes payable are as follows (amounts in thousands):</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="justify"> </div>
<div align="center">
<table cellspacing="0" cellpadding="0" width="80%">
<tr>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Unsecured</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Notes Payable</font></div>
</div>
</td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Secured Notes Payable</font></div>
</div>
</td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="center"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Total</font></div>
</div>
</td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" align="left" width="64%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">2010 </font></div>
</td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">1,673</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">11,037</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">12,710</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" align="left" width="64%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">2011 </font></div>
</td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">103,533</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">27,819</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">131,352</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" align="left" width="64%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">2012 </font></div>
</td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">-</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">55,575</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">55,575</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" align="left" width="64%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">2013 </font></div>
</td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">186,460</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">64,961</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">251,421</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td valign="bottom" align="left" width="64%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">2014 </font></div>
</td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">-</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">25,400</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">25,400</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td style="padding-bottom: 2px;" valign="bottom" align="left" width="64%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Thereafter </font></div>
</td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">-</font></td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">42,431</font></td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">42,431</font></td>
<td style="padding-bottom: 2px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td style="padding-bottom: 4px;" valign="bottom" width="64%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">291,666</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">227,223</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">$</font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">518,889</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
</tr>
<tr>
<td style="padding-bottom: 4px;" valign="bottom" align="left" width="64%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">Weighted average effective rate</font></div>
</td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">5.8</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">%</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">5.5</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">%</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: left;" valign="bottom" width="1%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;"> </font></td>
<td style="border-bottom: black 4px double; text-align: right;" valign="bottom" width="9%"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">5.7</font></td>
<td style="padding-bottom: 4px; text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font class="_mt" style="display: inline; font-size: 10pt; font-family: times new roman;">%</font></td>
</tr>
</table>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="display: block; margin-left: 18pt; text-indent: 36pt; margin-right: 0pt;" align="justify"><font class="_mt" style="display: inline; font-size: 10pt; font-family: Times New Roman;">We incurred interest expense (including interest capitalized as real estate totaling $718,000, $1,998,000 and $4,746,000, respectively for the years ended December 31, 2009, 2008 and 2007) with respect to our notes payable, capital leases, debt to joint venture partner and line of credit aggregating $30,634,000, $45,942,000 and $68,417,000 for the years ended December 31, 2009, 2008 and 2007, respectively. These amounts were comprised of $34,316,000, $50,977,000 and $73,278,000 in cash paid for the years ended December 31, 2009, 2008 and 2007, respectively, less $3,682,000, $5,035,000 and $4,861,000 in amortization of premium, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="justify"> </div>
</div>
</div><!-- body --></div></div> </div>
6.
Line of Credit and Notes Payable
At December 31, 2009, we have a revolving credit agreement (the “Credit
false
false
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No definition available.
No authoritative reference available.
false
false
1
2
false
UnKnown
UnKnown
UnKnown
false
true