2.2.0.25falsefalse007020 - Schedule - Schedule IIItruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010 USD ($) USD ($) / shares $c00039http://www.sec.gov/CIK0000890319duration2010-01-01T00:00:002010-12-31T00:00:00u000Standardhttp://www.xbrl.org/2003/iso4217USDiso42170u001Standardhttp://www.xbrl.org/2003/instancesharesxbrli0u002Dividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0tco_ConsolidatedFinancialStatementSchedulesAbstracttcofalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseConsolidated Financial Statement Schedules [Abstract]3false0us-gaap_ScheduleOfRealEstateAndAccumulatedDepreciationTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div><div align="right">Schedule III</div><div align="center">TAUBMAN CENTERS, INC.</div><div align="center">REAL ESTATE AND ACCUMULATED DEPRECIATION</div><div align="center">December 31, 2010</div><div align="center">(in thousands)</div></div><div> </div><div> </div><div>  </div><div align="left"><table style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" width="100%"><tr><td style="PADDING-BOTTOM: 2px" valign="bottom" width="20%">  </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="13%" colspan="5"><div align="center">Initial Cost to Company</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="20%" colspan="8"><div align="center">Gross Amount at Which Carried at Close of Period</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="6%">  </td></tr><tr><td style="PADDING-BOTTOM: 2px" valign="bottom" width="20%">  </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%" colspan="2"><div align="center">Land</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%" colspan="2"><div align="center">Buildings, Improvements, and Equipment</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%" colspan="2"><div align="center">Cost Capitalized Subsequent to Acquisition</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%" colspan="2"><div align="center">Land</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%" colspan="2"><div align="center">BI&E</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%" colspan="2"><div align="center">Total</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%" colspan="2"><div align="center">Accumulated Depreciation (A/D)</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%" colspan="2"><div align="center">Total Cost Net of A/D</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%" colspan="2"><div align="center">Encumbrances</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="5%"><div align="center">Date of Completion of Construction or Acquisition</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="6%"><div align="center">Depreciable Life</div></td></tr><tr><td valign="bottom" width="20%" align="left"><div align="left">Shopping Centers:</div></td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%">  </td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Beverly Center, Los Angeles, CA</div></td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">209,093</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">64,239</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">273,332</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">273,332</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">134,250</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">139,082</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">322,700</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">1982</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">40 Years</div></td></tr><tr bgcolor="white"><td style="TEXT-ALIGN: left" valign="bottom" width="20%"><div style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: -6.5pt">Cherry Creek Shopping Center,</div><div style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: -6.5pt">Denver, CO</div></td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">99,260</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">116,578</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%" colspan="2"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">215,838</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">215,838</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">115,500</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">100,338</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">280,000</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">1990</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">40 Years</div></td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Dolphin Mall, Miami, FL</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">34,881</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">237,324</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">54,776</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">34,881</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">292,100</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">326,981</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">82,261</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">244,720</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">10,000</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">(1)</td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">2001</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="white"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Fairlane Town Center, Dearborn, MI</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">17,330</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">104,668</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">47,112</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">17,330</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">151,780</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">169,110</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">65,058</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">104,052</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">80,000</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">(1)</td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">1996</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">40 Years</div></td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: -9pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: -6.5pt" align="left">Great Lakes Crossing Outlets,</div><div style="TEXT-INDENT: -9pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: -6.5pt" align="left">Auburn Hills, MI</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">15,506</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">188,959</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">38,038</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">15,506</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">226,997</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">242,503</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">94,317</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">148,186</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">132,262</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">1998</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="white"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">International Plaza, Tampa, FL</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">307,006</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">35,850</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">342,856</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">342,856</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">101,356</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">241,500</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">325,000</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">2001</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">MacArthur Center, Norfolk, VA</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">143,471</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">15,990</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">159,461</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">159,461</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">52,005</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">107,456</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">131,000</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">1999</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="white"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Northlake Mall, Charlotte, NC</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">22,540</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">146,072</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">2,728</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">22,540</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">148,800</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">171,340</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">47,723</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">123,617</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">215,500</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">2005</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: -9pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: -6.5pt" align="left">The Mall at Partridge Creek,    </div><div style="TEXT-INDENT: -9pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: -6.5pt" align="left">Clinton Township, MI</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">14,097</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">120,342</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">11,683</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">14,097</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">132,025</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">146,122</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">29,109</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">117,013</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">82,140</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">2007</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="white"><td style="TEXT-ALIGN: left" valign="bottom" width="20%"><div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt">The Pier Shops at Caesars,                   Atlantic City, NJ</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">44,863</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">2,722</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">47,585</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">47,585</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">4,277</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">43,308</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">135,000</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">2006</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Regency Square, Richmond, VA</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">9,006</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">6,657</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">14,552</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">9,006</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">21,209</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">30,215</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">2,110</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">28,105</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">72,690</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">1997</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">40 Years</div></td></tr><tr bgcolor="white"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">The Mall at Short Hills,                        Short Hills, NJ</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">25,114</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">167,595</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">125,134</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">25,114</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">292,729</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">317,843</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">137,887</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">179,956</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">540,000</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">1980</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">40 Years</div></td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Stony Point Fashion Park,                     Richmond, VA</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">10,677</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">92,516</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">9,677</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">10,677</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">102,193</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">112,870</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">37,874</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">74,996</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">105,484</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">2003</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="white"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Twelve Oaks Mall, Novi, MI</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">25,410</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">190,658</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">78,132</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">25,410</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">268,790</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">294,200</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">106,357</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">187,843</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">(1)</td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">1977</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">The Mall at Wellington Green, Wellington, FL</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">18,967</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">191,440</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">10,233</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">21,439</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">199,201</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">220,640</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">76,430</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">144,210</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">200,000</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">2001</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="white"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">The Shops at Willow Bend,               Plano, TX</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">26,192</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">213,302</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">15,374</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">26,192</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">228,676</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">254,868</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">71,762</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">183,106</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: center" valign="bottom" width="5%">2001</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%"><div align="center">50 Years</div></td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div align="left">Other:</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%">  </td></tr><tr bgcolor="white"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Office Facilities</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">26,552</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">26,552</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">26,552</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">18,077</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">8,475</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%">  </td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Peripheral Land</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">45,306</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">45,306</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">45,306</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">45,306</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%">  </td></tr><tr bgcolor="white"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: -9pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: -6.5pt" align="left">Construction in Process and Development Pre-Construction Costs</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">46,700</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">15,626</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">46,700</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">15,626</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">62,326</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">62,326</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%">  </td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Assets under CDD obligations</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">4,164</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">61,411</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">4,164</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">61,411</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">65,575</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%" align="left"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">21,834</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%">43,741</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td valign="bottom" width="6%">  </td></tr><tr bgcolor="white"><td style="PADDING-BOTTOM: 2px" valign="bottom" width="20%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Other</div></td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="5%">2,774</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="5%">2,774</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="5%">2,774</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%" align="left"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="5%">1,060</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="5%">1,714</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right; PADDING-BOTTOM: 2px" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right; PADDING-BOTTOM: 2px" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="6%">  </td></tr><tr bgcolor="#cceeff"><td style="PADDING-BOTTOM: 4px" valign="bottom" width="20%" align="left"><div align="left">Total</div></td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="5%">315,890</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="5%">2,527,411</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="5%">684,996</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="5%">318,362</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="5%">3,209,935</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="5%">3,528,297</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap">(5)</td><td style="PADDING-BOTTOM: 4px" valign="bottom" width="1%" align="left"> </td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="5%">1,199,247</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="5%">2,329,050</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right; PADDING-BOTTOM: 4px" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 4px" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right; PADDING-BOTTOM: 4px" valign="bottom" width="5%"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 4px" valign="bottom" width="6%">  </td></tr></table></div><div style="TEXT-INDENT: 0pt; DISPLAY: block"> </div><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left">The changes in total real estate assets and accumulated depreciation for the years ended December 31, 2010, 2009, and 2008 are as follows:</div><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><div align="center"><div style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><div> </div><div> </div></div></div><div align="left"><div align="center"><table style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" width="90%"><tr><td style="PADDING-BOTTOM: 2px" valign="bottom" width="20%">  </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="29%" colspan="8"><div align="center">Total Real Estate Assets</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="3%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="19%">  </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="27%" colspan="8"><div align="center">Accumulated Depreciation</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td></tr><tr><td style="PADDING-BOTTOM: 2px" valign="bottom" width="20%">  </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="8%" colspan="2"><div align="center">2010</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="8%" colspan="2"><div align="center">2009</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="4%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="8%" colspan="2"><div align="center">2008</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="3%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="19%">  </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="8%" colspan="2"><div align="center">2010</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="8%" colspan="2"><div align="center">2009</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="8%" colspan="2"><div align="center">2008</div></td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div align="left">Balance, beginning of year</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">3,496,853</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">3,699,480</td><td style="TEXT-ALIGN: left" valign="bottom" width="4%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">3,781,136</td><td style="TEXT-ALIGN: left" valign="bottom" width="3%" nowrap="nowrap"> </td><td valign="bottom" width="19%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Balance, beginning of year</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">(1,100,610</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">)</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">(1,049,626</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">)</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">(933,275</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">)</td></tr><tr bgcolor="white"><td valign="bottom" width="20%" align="left"><div align="left">New development and   improvements</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">79,023</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">52,772</td><td style="TEXT-ALIGN: left" valign="bottom" width="4%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">58,259</td><td style="TEXT-ALIGN: left" valign="bottom" width="3%" nowrap="nowrap"> </td><td valign="bottom" width="19%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Depreciation for year</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">(144,932</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">)</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">(139,658</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">)</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">(138,741</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">)</td></tr><tr bgcolor="#cceeff"><td valign="bottom" width="20%" align="left"><div align="left">Disposals/Write-offs</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">(46,737</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">)</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">(256,404</td><td style="TEXT-ALIGN: left" valign="bottom" width="4%" nowrap="nowrap">) (2)(3)</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">(136,579</td><td style="TEXT-ALIGN: left" valign="bottom" width="3%" nowrap="nowrap">) (4)</td><td valign="bottom" width="19%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Disposals/Write-offs</div></td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">46,295</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">88,690</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">(3)</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="TEXT-ALIGN: right" valign="bottom" width="7%">22,425</td><td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td></tr><tr bgcolor="white"><td style="PADDING-BOTTOM: 2px" valign="bottom" width="20%" align="left"><div align="left">Transfers In/(Out)</div></td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="7%">(842</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap">)</td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="7%">1,005</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="4%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="7%">(3,336</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="3%" nowrap="nowrap">)</td><td style="PADDING-BOTTOM: 2px" valign="bottom" width="19%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Transfers In/(Out)</div></td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="7%"> </td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="7%">(16</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap">)</td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"> </td><td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="7%">(35</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px" valign="bottom" width="1%" nowrap="nowrap">)</td></tr><tr bgcolor="#cceeff"><td style="PADDING-BOTTOM: 4px" valign="bottom" width="20%" align="left"><div align="left">Balance, end of year</div></td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="7%">3,528,297</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="7%">3,496,853</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="4%" nowrap="nowrap"> </td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="7%">3,699,480</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="3%" nowrap="nowrap"> </td><td style="PADDING-BOTTOM: 4px" valign="bottom" width="19%" align="left"><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -6.5pt" align="left">Balance, end of year</div></td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="7%">(1,199,247</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap">)</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="7%">(1,100,610</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap">)</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%">$</td><td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="7%">(1,049,626</td><td style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px" valign="bottom" width="1%" nowrap="nowrap">)</td></tr></table></div> </div></div><div><table style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" width="100%"><tr valign="top"><td style="WIDTH: 18pt" align="right"><div>(1)  </div></td><td><div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">These centers are collateral for the Company’s $550 million line of credit. Borrowings under the line of credit are primary obligations of the entities owning these centers.</div></td></tr></table></div><div><table style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" width="100%"><tr valign="top"><td style="WIDTH: 18pt" align="right"><div>(2)  </div></td><td><div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">In 2009, the Company wrote down The Pier Shops at Caesars and Regency Square to their fair values. The impairment charges were $107.7 million and $59.0 million, respectively.</div></td></tr></table></div><div><table style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" width="100%"><tr valign="top"><td style="WIDTH: 18pt" align="right"><div>(3)  </div></td><td><div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">As a result of the impairments of The Pier Shops and Regency Square in 2009, the related accumulated depreciation was set to zero.</div></td></tr></table></div><div><table style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" width="100%"><tr valign="top"><td style="WIDTH: 18pt" align="right"><div>(4)  </div></td><td><div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">In 2008, the Company recognized a $117.9 million impairment charge on the Oyster Bay project. The remaining balance of $39.8 million as of December 31, 2010 is included in development pre-construction costs.</div></td></tr></table></div><div><table style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" width="100%"><tr valign="top"><td style="WIDTH: 18pt" align="right"><div>(5)  </div></td><td><div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">The unaudited aggregate costs for federal income tax purposes as of December 31, 2010 was $3.737 billion.</div></td></tr></table></div><div style="TEXT-INDENT: 0pt; DISPLAY: block"> </div><div style="TEXT-INDENT: 0pt; DISPLAY: block"> </div><div style="TEXT-INDENT: 0pt; DISPLAY: block"> </div><div style="TEXT-INDENT: 0pt; DISPLAY: block"> </div><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left">See accompanying report of independent registered public accounting firm.</div> Schedule IIITAUBMAN CENTERS, INC.REAL ESTATE AND ACCUMULATED DEPRECIATIONDecember 31, 2010(in thousands)     Initial Cost tofalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis element may be used to capture the complete schedule of all real estate that is held for investment. The schedule should describe the property and list the initial cost of land, buildings and improvements, improvements and carrying costs capitalized after acquisition, and the total carrying cost for land, buildings and improvements for each property and in aggregate. The schedule should also list the accumulated depreciation for each property and in aggregate, the date each property was constructed and acquired, the useful life used to calculate depreciation and any encumbrances on the properties.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule III -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 28 -Article 12 falsefalseReal Estate and Accumulated Depreciation12Schedule IIIUnKnownUnKnownUnKnownUnKnownfalsetrue