The following tables set forth certain segment information for the Company, reclassified for discontinued operations, as of and for the three months and nine months ended September 30, 2014 and 2013, and does not include unconsolidated affiliates:

Three Months Ended September 30, 2014



(dollars in thousands)	Core Portfolio			Funds			Structured Financing			Total
Revenues	$	31,291		$	13,363		$	3,006		$	47,660
Property operating expenses, other operating and real estate taxes	(8,198		)	(4,226		)	—			(12,424		)
General and administrative expenses	(5,828		)	(1,054		)	(241		)	(7,123		)
Depreciation and amortization	(9,330		)	(3,554		)	—			(12,884		)
Operating income	7,935			4,529			2,765			15,229
Equity in earnings of unconsolidated affiliates	118			2,805			—			2,923
Gain on disposition of properties of unconsolidated affiliates	—			102,855			—			102,855
Gain on disposition of property	190			—			—			190
Interest and other finance expense	(7,274		)	(2,868		)	—			(10,142		)
Income tax (provision) benefit	(71		)	88			—			17
Net income	898			107,409			2,765			111,072
Noncontrolling interests
Net income attributable to noncontrolling interests	(1,465		)	(81,043		)	—			(82,508		)
Net (loss) income attributable to Common Shareholders	$	(567	)	$	26,366		$	2,765		$	28,564

Real Estate at Cost	$	1,280,087		$	835,637		$	—		$	2,115,724
Total Assets	$	1,289,107		$	1,071,135		$	94,409		$	2,454,651
Acquisition of Real Estate	$	29,378		$	—		$	—		$	29,378
Investment in Redevelopment and Improvements	$	650		$	36,086		$	—		$	36,736

11. SEGMENT REPORTING (continued)

Three Months Ended September 30, 2013



(dollars in thousands)	Core Portfolio			Funds			Structured Financing		Total
Revenues	$	28,115		$	10,002		$	2,969	$	41,086
Property operating expenses, other operating and real estate taxes	(7,723		)	(4,453		)	—		(12,176		)
General and administrative expenses	(4,954		)	(381		)	—		(5,335		)
Depreciation and amortization	(7,890		)	(2,560		)	—		(10,450		)
Operating income	7,548			2,608			2,969		13,125
Equity in (losses) earnings of unconsolidated affiliates	(49		)	4,258			—		4,209
Interest and other finance expense	(6,683		)	(3,912		)	—		(10,595		)
Income tax provision	(81		)	(105		)	—		(186		)
Income from continuing operations	735			2,849			2,969		6,553
Discontinued operations
Operating income from discontinued operations	171			2,418			—		2,589
Net income	906			5,267			2,969		9,142
Noncontrolling interests
Loss from continuing operations	—			2,342			—		2,342
Income from discontinued operations	(68		)	(1,931		)	—		(1,999		)
Net (income) loss attributable to noncontrolling interests	(68		)	411			—		343
Net income attributable to Common Shareholders	$	838		$	5,678		$	2,969	$	9,485

Real Estate at Cost	$	998,711		$	676,406		$	—	$	1,675,117
Total Assets	$	993,472		$	1,260,544		$	95,352	$	2,349,368
Acquisition of Real Estate	$	11,800		$	19,175		$	—	$	30,975
Investment in Redevelopment and Improvements	$	5,246		$	30,736		$	—	$	35,982

11. SEGMENT REPORTING (continued)

Nine Months Ended September 30, 2014



(dollars in thousands)	Core Portfolio			Funds			Structured Financing			Total
Revenues	$	91,974		$	39,938		$	11,944		$	143,856
Property operating expenses, other operating and real estate taxes	(23,693		)	(14,426		)	—			(38,119		)
General and administrative expenses	(18,191		)	(2,179		)	(528		)	(20,898		)
Depreciation and amortization	(25,963		)	(10,092		)	—			(36,055		)
Operating income	24,127			13,241			11,416			48,784
Equity in earnings of unconsolidated affiliates	441			6,941			—			7,382
Gain on disposition of properties of unconsolidated affiliates	—			102,855			—			102,855
Loss on debt extinguishment	—			(269		)	—			(269		)
Interest and other finance expense	(21,436		)	(8,891		)	—			(30,327		)
Income tax (provision) benefit	(84		)	16			—			(68		)
Gain on disposition of property	12,577			561			—			13,138
Income from continuing operations	15,625			114,454			11,416			141,495
Discontinued operations
Gain on disposition of property	—			560			—			560
Net income	15,625			115,014			11,416			142,055
Noncontrolling interests
Income from continuing operations	(2,834		)	(77,137		)	—			(79,971		)
Income from discontinued operations	—			(461		)	—			(461		)
Net income attributable to noncontrolling interests	(2,834		)	(77,598		)	—			(80,432		)
Net income attributable to Common Shareholders	$	12,791		$	37,416		$	11,416		$	61,623

Real Estate at Cost	$	1,280,087		$	835,637		$	—		$	2,115,724
Total Assets	$	1,289,107		$	1,071,135		$	94,409		$	2,454,651
Acquisition of Real Estate	$	136,978		$	—		$	—		$	136,978
Investment in Redevelopment and Improvements	$	3,711		$	101,338		$	—		$	105,049

11. SEGMENT REPORTING (continued)

Nine Months Ended September 30, 2013



(dollars in thousands)	Core Portfolio			Funds			Structured Financing		Total
Revenues	$	82,252		$	32,666		$	9,265	$	124,183
Property operating expenses, other operating and real estate taxes	(21,098		)	(12,107		)	—		(33,205		)
General and administrative expenses	(16,042		)	(1,221		)	—		(17,263		)
Depreciation and amortization	(21,187		)	(8,091		)	—		(29,278		)
Operating income	23,925			11,247			9,265		44,437
Equity in (losses) earnings of unconsolidated affiliates	(96		)	7,370			—		7,274
Impairment of asset	(1,500		)	—			—		(1,500		)
Interest and other finance expense	(19,169		)	(10,637		)	—		(29,806		)
Income tax benefit (provision)	159			(216		)	—		(57		)
Income from continuing operations	3,319			7,764			9,265		20,348
Discontinued operations
Operating income from discontinued operations	384			5,010			—		5,394
Gain on disposition of property	—			4,191			—		4,191
Net income	3,703			16,965			9,265		29,933
Noncontrolling interests
Loss from continuing operations	—			6,103			—		6,103
Income from discontinued operations	(154		)	(8,017		)	—		(8,171		)
Net income attributable to noncontrolling interests	(154		)	(1,914		)	—		(2,068		)
Net income attributable to Common Shareholders	$	3,549		$	15,051		$	9,265	$	27,865

Real Estate at Cost	$	998,711		$	676,406		$	—	$	1,675,117
Total Assets	$	993,472		$	1,260,544		$	95,352	$	2,349,368
Acquisition of Real Estate	$	120,900		$	19,175		$	—	$	140,075
Investment in Redevelopment and Improvements	$	8,957		$	70,592		$	—	$	79,549