The following tables set forth certain segment information for the Company, as of and for the three and nine months ended September 30, 2016 and 2015, and does not include unconsolidated affiliates:

Three Months Ended September 30, 2016



(dollars in thousands)	Core Portfolio			Funds			Structured Financing Portfolio		Total
Revenues	$	36,376		$	7,479		$	7,245	$	51,100
Property operating expenses, other operating and real estate taxes	(11,612		)	(2,903		)	—		(14,515		)
General and administrative expenses	(11,915		)	(954		)	—		(12,869		)
Depreciation and amortization	(12,428		)	(2,789		)	—		(15,217		)
Operating income	421			833			7,245		8,499
Equity in earnings (losses) of unconsolidated affiliates	1,495			(1,597		)	—		(102		)
Interest and other finance expense	(6,431		)	(1,551		)	—		(7,982		)
Income tax provision	(70		)	(19		)	—		(89		)
Net (loss) income	$	(4,585	)	$	(2,334	)	$	7,245	$	326
Net loss attributable to noncontrolling interests	$	60		$	5,726		$	—	$	5,786
Net (loss) income attributable to Common Shareholders	$	(4,525	)	$	3,392		$	7,245	$	6,112

Real Estate at Cost	$	1,832,863		$	1,186,926		$	—	$	3,019,789
Total Assets	$	2,097,386		$	1,214,317		$	266,816	$	3,578,519
Acquisition of Real Estate	$	237,729		$	36,600		$	—	$	274,329
Investment in Redevelopment and Improvements	$	7,296		$	31,235		$	—	$	38,531

12. SEGMENT REPORTING (continued)

Three Months Ended September 30, 2015



(dollars in thousands)	Core Portfolio			Funds			Structured Financing Portfolio		Total
Revenues	$	37,744		$	11,783		$	7,325	$	56,852
Property operating expenses, other operating and real estate taxes	(8,885		)	(3,968		)	—		(12,853		)
General and administrative expenses	(6,963		)	(640		)	—		(7,603		)
Depreciation and amortization	(13,979		)	(3,482		)	—		(17,461		)
Operating income	7,917			3,693			7,325		18,935
Equity in earnings of unconsolidated affiliates	434			1,761			—		2,195
Gain on disposition of property of unconsolidated affiliates	—			6,938			—		6,938
Gain on disposition of properties	—			79			—		79
Interest and other finance expense	(7,203		)	(2,142		)	—		(9,345		)
Income tax provision	(461		)	(237		)	—		(698		)
Net income	$	687		$	10,092		$	7,325	$	18,104
Net income attributable to noncontrolling interests	$	(686	)	$	(3,642	)	$	—	$	(4,328	)
Net income attributable to Common Shareholders	$	1		$	6,450		$	7,325	$	13,776

Real Estate at Cost	$	1,553,174		$	1,025,406		$	—	$	2,578,580
Total Assets	$	1,650,555		$	1,154,213		$	168,931	$	2,973,699
Acquisition of Real Estate	$	—		$	52,800		$	—	$	52,800
Investment in Redevelopment and Improvements	$	3,271		$	61,480		$	—	$	64,751

12. SEGMENT REPORTING (continued)

Nine Months Ended September 30, 2016



(dollars in thousands)	Core Portfolio			Funds			Structured Financing Portfolio		Total
Revenues	$	109,176		$	26,642		$	19,298	$	155,116
Property operating expenses, other operating and real estate taxes	(28,460		)	(9,331		)	—		(37,791		)
General and administrative expenses	(28,955		)	(1,787		)	—		(30,742		)
Depreciation and amortization	(37,629		)	(9,115		)	—		(46,744		)
Operating income	14,132			6,409			19,298		39,839
Equity in earnings of unconsolidated affiliates	2,668			924			—		3,592
Loss on debt extinguishment	—			(15		)	—		(15		)
Gain on disposition of properties	—			81,965			—		81,965
Interest and other finance expense	(20,308		)	(4,594		)	—		(24,902		)
Income tax provision	(80		)	(43		)	—		(123		)
Net (loss) income	$	(3,588	)	$	84,646		$	19,298	$	100,356
Net income attributable to noncontrolling interests	$	(2,771	)	$	(44,630	)	$	—	$	(47,401	)
Net (loss) income attributable to Common Shareholders	$	(6,359	)	$	40,016		$	19,298	$	52,955

Real Estate at Cost	$	1,832,863		$	1,186,926		$	—	$	3,019,789
Total Assets	$	2,097,386		$	1,214,317		$	266,816	$	3,578,519
Acquisition of Real Estate	$	244,022		$	48,887		$	—	$	292,909
Investment in Redevelopment and Improvements	$	17,518		$	76,903		$	—	$	94,421

12. SEGMENT REPORTING (continued)

Nine Months Ended September 30, 2015



(dollars in thousands)	Core Portfolio			Funds			Structured Financing Portfolio		Total
Revenues	$	110,930		$	36,846		$	14,718	$	162,494
Property operating expenses, other operating and real estate taxes	(26,811		)	(15,399		)	—		(42,210		)
General and administrative expenses	(21,171		)	(1,969		)	—		(23,140		)
Depreciation and amortization	(34,454		)	(10,568		)	—		(45,022		)
Impairment of asset	(5,000		)	—			—		(5,000		)
Operating income	23,494			8,910			14,718		47,122
Equity in earnings of unconsolidated affiliates	1,567			10,627			—		12,194
Gain on disposition of property of unconsolidated affiliates	—			24,043			—		24,043
Loss on debt extinguishment	—			(134		)	—		(134		)
Gain on disposition of properties	—			89,063			—		89,063
Interest and other finance expense	(21,000		)	(7,130		)	—		(28,130		)
Income tax provision	(866		)	(1,193		)	—		(2,059		)
Net income	$	3,195		$	124,186		$	14,718	$	142,099
Net loss (income) attributable to noncontrolling interests	$	1,340		$	(86,621	)	$	—	$	(85,281	)
Net income attributable to Common Shareholders	$	4,535		$	37,565		$	14,718	$	56,818

Real Estate at Cost	$	1,553,174		$	1,025,406		$	—	$	2,578,580
Total Assets	$	1,650,555		$	1,154,213		$	168,931	$	2,973,699
Acquisition of Real Estate	$	169,235		$	103,836		$	—	$	273,071
Investment in Redevelopment and Improvements	$	9,624		$	95,621		$	—	$	105,245