VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

12 Months Ended

Dec. 31, 2012

VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

SCHEDULE II

DDR Corp.

VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

For the years ended December 31, 2012, 2011 and 2010

(in thousands)

	Balance at Beginning of Year		Charged to Expense			Deductions			Balance at End of Year
Year ended December 31, 2012
Allowance for uncollectible accounts(A)	$	33,291	$	12,290	(B)	$	15,580		$	30,001
Valuation allowance for deferred tax assets	$	57,607	$	23,857	(C)	$	—		$	81,464
Year ended December 31, 2011
Allowance for uncollectible accounts(A)	$	36,794	$	14,631	(B)	$	18,134	(D)	$	33,291
Valuation allowance for deferred tax assets	$	58,322	$	—		$	715		$	57,607
Year ended December 31, 2010
Allowance for uncollectible accounts(A)	$	43,763	$	13,588		$	20,557		$	36,794
Valuation allowance for deferred tax assets	$	—	$	58,322	(C)	$	—		$	58,322

(A) Includes allowances on accounts receivable, straight-line rents and notes receivable.

(B) Includes loan loss reserves of $4.3 million and $5.0 million for the years ended December 31, 2012 and 2011, respectively. Excludes the impairment charge of $1.6 million on a construction loan advanced to a joint venture for the year ended December 31, 2011.

(C) Valuation allowance as discussed further in Note 16.

(D) Includes reversal of loan loss reserves as described in Note 4.