Major Tenants

6 Months Ended

Jun. 30, 2013

Major Tenants [Abstract]

Major Tenants

Note 4: Major Tenants

NPAMLP’s primary anchor tenants during the six month periods ended June 30, 2013 and 2012 were Sun Microsystems (the tenant at the tenant-in-common property), Sears Holdings Corporation and its subsidiaries (“Sears”) and CVS Corporation (“CVS”). The lease with Sun Microsystems expired at the end of May 2013 and the space and the tenant-in-common property was re-tenanted with two new tenants. The number of locations, gross leasable area (“GLA”) and percentage of minimum rent for these tenants for the six-month periods ended June 30, 2013 and 2012 are detailed in the table below. As of June 30, 2013, Sears and CVS each had outstanding balances on one of their five locations, totaling $1 and $4, respectively. Sun Microsystems had no outstanding balance due under its leases with NPAMLP at June 30, 2013.

For the six months ended June 30, 2013 and 2012, the percentage of NPAMLP’s rental income derived from tenants in excess of 10% of total rental income was as follows:

	For the six months ended June 30, 2013							For the six months ended June 30, 2012
Tenant	No. of Locations		GLA		% of Minimum Rent			No. of Locations		GLA		% of Minimum Rent
Sun Microsystems		1		249,832		26	%		1		249,832		27	%
Sears		5		497,445		15	%		5		497,445		15	%
CVS		5		56,770		11	%		5		56,770		11	%