Exhibit 99 (b)
UNCONSOLIDATED JOINT VENTURES OF THE TAUBMAN REALTY GROUP LIMITED PARTNERSHIP REAL ESTATE AND ACCUMULATED DEPRECIATION December 31, 2010 (in thousands)
	Initial Cost to Company						Gross Amount at Which Carried at Close of Period
	Land		Buildings, Improvements, and Equipment		Cost Capitalized Subsequent to Acquisition		Land		BI&E		Total			Accumulated Depreciation (A/D)		Total Cost Net of A/D		Encumbrances		Date of Completion of Construction or Acquisition	Depreciable Life
Shopping Centers:
Arizona Mills, Tempe, AZ	$	22,017	$	147,931	$	1,284	$	22,017	$	149,215	$	171,232		$	51,496	$	119,736	$	174,164	1997	50 Years
Fair Oaks, Fairfax, VA		7,667		33,147		72,892		7,667		106,039		113,706			59,487		54,219		250,000	1980	55 Years
The Mall at Millenia, Orlando, FL		22,516		176,577		8,474		22,516		185,051		207,567			60,947		146,620		202,511	2002	50 Years
Stamford Town Center, Stamford, CT		9,537		40,044		86,259		9,537		126,303		135,840			57,499		78,341			1982	40 Years
Sunvalley, Concord, CA		350		65,740		16,631		350		82,371		82,721			56,271		26,450		118,929	1967	40 Years
Waterside Shops, Naples, FL		12,604		66,930		86,827		12,604		153,757		166,361			45,420		120,941		165,000	2003	40 Years
Westfarms, Farmington, CT		5,287		38,638		124,767		5,287		163,405		168,692			86,592		82,100		185,014	1974	34 Years
Other:
Taubman Land Associates (Sunvalley), Concord, CA		42,697						42,697				42,697					42,697		30,000	2006
Peripheral Land		1,547						1,547				1,547					1,547
Construction in Process and Development Pre-Construction Costs						2,553				2,553		2,553					2,553
Total	$	124,222	$	569,007	$	399,687	$	124,222	$	968,694	$	1,092,916	(1)	$	417,712	$	675,204

The changes in total real estate assets and accumulated depreciation for the years ended December 31, 2010, 2009, and 2008 are as follows:

	Total Real Estate Assets										Accumulated Depreciation
	2010			2009			2008				2010			2009			2008
Balance, beginning of year	$	1,094,963		$	1,087,341		$	1,056,380		Balance, beginning of year	$	(396,518	)	$	(366,168	)	$	(347,459	)
New development and improvements		10,703			12,423			47,908		Depreciation for year		(32,324	)		(33,795	)		(36,108	)
Disposals/Write-offs		(12,750	)		(4,801	)		(16,947	)	Disposals/Write-offs		11,130			3,157			16,676
Transfers In/(Out)										Transfers In/(Out)					288			723
Balance, end of year	$	1,092,916		$	1,094,963		$	1,087,341		Balance, end of year	$	(417,712	)	$	(396,518	)	$	(366,168	)

(1)   The unaudited aggregate cost for federal income tax purposes as of December 31, 2010 was $1.435 billion.