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USD ($)

USD ($) / shares

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margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;font-weight:bold;margin-left:0px;"&gt;4&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;font-weight:bold;"&gt;.          &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;font-weight:bold;"&gt;Real Estate &lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;Investments in r&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;eal estate &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;properties&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; are presented at cost, and consist of the following (in thousands):&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top: 0pt; margin-bottom: 0pt;'&gt;&lt;/p&gt;&lt;div&gt;&lt;table style="border-collapse:collapse;margin-top:20px;"&gt;&lt;tr style="height: 13px"&gt;&lt;td   style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 291px; text-align:left;border-color:#000000;min-width:291px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td colspan="2"  style="width: 87px; text-align:center;border-color:#000000;min-width:87px;"&gt;&lt;font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td colspan="2"  style="width: 87px; text-align:center;border-color:#000000;min-width:87px;"&gt;&lt;font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 13px"&gt;&lt;td   style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:70px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:70px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 291px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:291px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 5px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td colspan="2"  style="width: 87px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:87px;"&gt;&lt;font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;2010&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td colspan="2"  style="width: 87px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:87px;"&gt;&lt;font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;2009&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td colspan="4"  style="width: 443px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:443px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Industrial properties (1):&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:75px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 4px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:75px;"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td   style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td colspan="3"  style="width: 431px; text-align:left;border-color:#000000;min-width:431px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Improved land&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;2,527,972&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;2,628,318&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td   style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td colspan="3"  style="width: 431px; text-align:left;border-color:#000000;min-width:431px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Buildings and improvements&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;8,186,827&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;8,919,616&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td colspan="4"  style="width: 443px; text-align:left;border-color:#000000;min-width:443px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Retail and mixed use properties (2):&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td   style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td colspan="3"  style="width: 431px; text-align:left;border-color:#000000;min-width:431px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Improved land&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt; -&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;73,954&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td   style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td colspan="3"  style="width: 431px; text-align:left;border-color:#000000;min-width:431px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Buildings and improvements&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt; -&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;197,653&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td colspan="4"  style="width: 443px; text-align:left;border-color:#000000;min-width:443px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Properties under development, including cost of land (3)&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;365,362&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;191,127&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td colspan="4"  style="width: 443px; text-align:left;border-color:#000000;min-width:443px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Land (4)&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;1,533,611&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;2,573,506&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td colspan="4"  style="width: 443px; text-align:left;border-color:#000000;min-width:443px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Other real estate investments (5)&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;265,869&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;594,995&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td   style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td colspan="3"  style="width: 431px; text-align:left;border-color:#000000;min-width:431px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Total investments in real estate properties&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;12,879,641&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;15,179,169&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td colspan="4"  style="width: 443px; text-align:left;border-color:#000000;min-width:443px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Less accumulated depreciation&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;1,595,678&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;1,671,100&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 15px"&gt;&lt;td colspan="4"  style="width: 443px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:443px;"&gt;&lt;font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Net investments in properties&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 5px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:5px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&lt;font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;11,283,963&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 4px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:4px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"&gt;&lt;font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"&gt;&lt;font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"&gt;13,508,069&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='margin-top: 0pt; margin-bottom: 0pt;'&gt;&lt;/p&gt;&lt;p style='margin-top:12pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;(1)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;At December 31, 2010&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and 2009&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;, we had &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;985&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and 1,188&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; industrial&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; properties consisting of &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;168.5&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; million square feet&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;and 191.6 million square feet, respectively&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;. This includes operating properties we &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;developed that we&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; sometimes&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; refer to&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; as our completed de&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;velopment properties&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;.&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;During the fourth quarter of 2010, we sold a portfolio of industrial properties&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; (s&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;ee Note 3 for more details on this transaction&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;)&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;(2)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;At December 31, 2009&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;, &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;we had &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;2&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;7&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; ret&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;ail properties consisting of &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;1.&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;0&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; million square feet&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and one office property&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;.  During the fourth quarter of 2010, we entered into a definitive agreement to sell certain properti&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;es that included our retail &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;portfolio (&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;s&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;ee &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;N&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;ote &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;3&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; for more details).  As a result, we reclassified these assets to &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;font-style:italic;"&gt;Assets Held for Sale&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;(3)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;Properties &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;under development consisted &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;of 14&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; properties aggregating &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;4.9&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; million square feet at December 31, 2010&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;5&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; properties aggregating &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;2.9&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; million square feet at December 31, 2009. Our total expected investment upon completion of the properties under development at December 31, 2010&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; was $&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;580.1&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;million, including&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; land,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; development and leasing costs.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;(4)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;Land &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;consisted of &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;8,990&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; acres and 10,360&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;acres at December 31, 2010 and 2009&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;, respectively and includes land parcels that we may develop or sell depending on market conditions and other factors.&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;  &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;During the fourth quarter of 2010, we recognized impairment charges of $687.6 million.  &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;See N&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;ote &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;14&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; for more information relating to &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;these &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;impairment charges.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;(5)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;Included in other investments are&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;: (i)&amp;#160;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;land subject to &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;ground leases&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; (ii) &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;parking lots&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; (iii) &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;costs related to our corporate office buildings, which we occupy&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and one office building available for lease&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; (iv) &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;certain infrastructure costs related to projects we are developing on behalf of others; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;(v) &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;costs incurred related to future development projects, including purchase options on land;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;and &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;(v&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;i&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;)&amp;#160;earnest money deposits associated with potential acquisitions.&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;At December 31, 2010, &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;excluding our assets held for sale, &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;we owned real estate assets in North America (Canada, Mexico and the United&amp;#160;States)&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; Europe (Austria, Belgium, the Czech Republic, France, Germany, Hungary, Italy, the Netherlands, Poland, Romania, Slovakia, Spain, Sweden and the United Kingdom) and Asia (Japan&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;).&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top: 0pt; margin-bottom: 0pt;'&gt;&lt;/p&gt;&lt;p style='margin-top:12pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;During the year ended December 31, 2010, we recognized &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;font-style:italic;"&gt;Net Gains on Dispositions of &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;font-style:italic;"&gt;Investments in &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;font-style:italic;"&gt;Real Estate&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; i&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;n continuing operations of $28.5&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; million, which related to the contribution of land and operating properties to&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; unconsolidated investees&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; ($58.3&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; million gain), &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;additional proceeds from contributions we made &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;to PEPF II &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;in 2009 &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;based &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;on valuations received&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; as of December 31, 2010 and&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; our contribution agreement&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;with the fund (&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;$&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;27.4 million gain)&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and the sale of lan&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;d parcels to third parties ($7.4&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; million gain)&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; offset by a loss of $64.6 million related to the sale of certain unconsolidated joint ventures in the &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;fourth quarter&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;.  See Note 8 for further discussion of properties we sold to third parties that are reported in discontinued operations.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;The 2010 contribution activity resulted in cash proceeds of $&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;469.7&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; million related to &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;41 acres of land&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; six&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; development properties aggregating 1.8 million square feet contributed to&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;ProLogis European Properties Fund II&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; (&amp;#8220;PEPF II&amp;#8221;)&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;, the sale of 90% of two &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;development properties in Japan with 1.3 million square feet and the contribution of &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;one development property aggregating 0.3 million square feet to ProLogis Nort&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;h American Industrial&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; Fund.&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;In 2010, we also received cash proceeds of $103.2 million from the sale of land to third parties.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;We continue to own 10% of the &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;two &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;Japan properties, which are accounted for under the equity method of accounting, and we continue &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;provide property management services for these properties and earn management fees&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;.&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;  We are also earning development fees from PEPF II for &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;developing a 0.8 million square foot building &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;on the 41 acres of land we contributed.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;During the first quarter of 2010, we received proceeds of $13.2 million, which represented the development costs we incurred relating to the sale of a building in &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;Japan&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; to a third party. As we have a purchase option on this building, we recorded a liability for the cash received and did not recognize a sale for accounting purposes.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;During 2010, we acquired &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;10&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; properties aggregating 2.4 million square feet with a combined purchase price of $128.6 million, which was allocated to real estate and other assets.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;During the &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;year&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;s&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; ended &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;December 31, 2010&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; 2009&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and 2008,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;we recorded impairment charges &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;related to real estate properties &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;of $&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;8&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;24.3 &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;million&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;$&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;331.6&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; million&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and $274.7 million&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;, respectively&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;.  Changes in economic and operating conditions and our ultimate investment intent with regard to our investments in land and operating properties that occur in the future may result in additional impairment charges&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; or the recognition of gains or losses at the time of disposition&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;.  &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;See Note &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;14&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;for further discussion&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; on the impairment charges&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;font-style:italic;margin-left:0px;"&gt;Operating Lease Agreements&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;We lease our operating properties and certain land parcels to customers under agreements that are generally classified as operating leases. Our largest customer and 25 larg&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;est customers accounted for 2.70% and 20.96&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;%, respectively, of our annualized collected base rents at December 31, 2010. At December 31, 2010, minimum lease payments on leases with lease periods greater than one year for space in our operating properties and leases of land subject to ground leases, during each of the years in the five-year period ending December&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;&amp;#160;31, 2015&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; and thereafter are as follows (in thousands):&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top: 0pt; margin-bottom: 0pt;'&gt;&lt;/p&gt;&lt;div&gt;&lt;table style="border-collapse:collapse;margin-top:20px;"&gt;&lt;tr style="height: 15px"&gt;&lt;td   style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:15px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 9px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:9px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:15px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 508px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:508px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 7px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:7px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 12px"&gt;&lt;td colspan="4"  style="width: 547px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:547px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 7px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:7px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;"&gt; 600,538&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 12px"&gt;&lt;td colspan="4"  style="width: 547px; text-align:left;border-color:#000000;min-width:547px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 7px; text-align:center;border-color:#000000;min-width:7px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;"&gt; 533,345&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 12px"&gt;&lt;td colspan="4"  style="width: 547px; text-align:left;border-color:#000000;min-width:547px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 7px; text-align:center;border-color:#000000;min-width:7px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;"&gt; 429,265&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 12px"&gt;&lt;td colspan="4"  style="width: 547px; text-align:left;border-color:#000000;min-width:547px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 7px; text-align:center;border-color:#000000;min-width:7px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;"&gt; 342,378&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 12px"&gt;&lt;td colspan="4"  style="width: 547px; text-align:left;border-color:#000000;min-width:547px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 7px; text-align:center;border-color:#000000;min-width:7px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;"&gt; 256,129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 12px"&gt;&lt;td colspan="4"  style="width: 547px; text-align:left;border-color:#000000;min-width:547px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"&gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 7px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:7px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;"&gt; 1,168,408&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="height: 12px"&gt;&lt;td   style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:15px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 9px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:9px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:15px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 508px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:508px;"&gt;&amp;#160;&lt;/td&gt;&lt;td   style="width: 7px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:7px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;"&gt;$&lt;/font&gt;&lt;/td&gt;&lt;td   style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"&gt;&lt;font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;"&gt;3,330,063&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='margin-top: 0pt; margin-bottom: 0pt;'&gt;&lt;/p&gt;&lt;p style='margin-top:12pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;margin-left:0px;"&gt;These amounts do not reflect future rental revenues from the renewal or replacement of existing leases and exclude reimbursements of operating expenses. In addition to minimum rental payments, our customers pay reimbursements for their pro rata share of specified operating ex&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;penses, which amounted to &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;$166.7&amp;#160;million, $156.8&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;&amp;#160;million and&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;$&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;173.1&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:8pt;"&gt;&amp;#160;million for the years ended December 31, 2010, 2009 and 2008, respectively. These reimbursements are reflected as rental income and rental expenses in the accompanying Consolidated Statements of Operations.&lt;/font&gt;&lt;/p&gt;</NonNumbericText><NonNumericTextHeader>4.          Real Estate &amp;#160;Investments in real estate properties are presented at cost, and consist of the following (in</NonNumericTextHeader><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>us-types:textBlockItemType</ElementDataType><SimpleDataType>string</SimpleDataType><ElementDefenition>This element represents certain disclosures of real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures. This element may be used as a single block of text to encapsulate the entire real estate disclosure including data and tables.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef
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 -Name Regulation S-X (SX)
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 -Section 02
 -Paragraph 6
 -Subparagraph a
 -Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name FASB Interpretation (FIN)
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 -Paragraph 23, 24

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 -Name Regulation S-X (SX)
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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 -Name Statement of Position (SOP)
 -Number 04-2
 -Paragraph 41, 63, 64

Reference 5: http://www.xbrl.org/2003/role/presentationRef
 -Publisher AICPA
 -Name Accounting Research Bulletin (ARB)
 -Number 43
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 -Section A
 -Paragraph 9

Reference 6: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 67
 -Paragraph 4, 5, 6, 7

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 -Name Statement of Position (SOP)
 -Number 01-6
 -Paragraph 13
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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 -Name Regulation S-X (SX)
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 -Subparagraph Schedule III
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 -Publisher AICPA
 -Name Statement of Position (SOP)
 -Number 75-2
 -Paragraph 47, 51, 52

Reference 10: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 34
 -Paragraph 9, 11, 12, 13, 14, 15, 21

Reference 11: http://www.xbrl.org/2003/role/presentationRef
 -Publisher OTS
 -Name Federal Regulation (FR)
 -Number Title 12
 -Chapter V
 -Section 563c.102
 -Paragraph 11
 -Subsection I

Reference 12: http://www.xbrl.org/2003/role/presentationRef
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 -Name Statement of Financial Accounting Standard (FAS)
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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 -Name Regulation S-X (SX)
 -Number 210
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
 -Publisher AICPA
 -Name Audit and Accounting Guide (AAG)
 -Number AAG-DEP
 -Chapter 11
 -Paragraph 2, 6, 9-11, 18, 20
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
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 -Number 66
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Reference 17: http://www.xbrl.org/2003/role/presentationRef
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 -Name Regulation S-X (SX)
 -Number 210
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
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Reference 20: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
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 -Number 144
 -Paragraph 7, 34

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