2000

First

Second

Third

Fourth

Total revenue

$

9,808

$

10,765

$

19,213

$

23,933

Total expenses

11,977

11,820

11,601

11,071

Income (loss) before loss on sale of properties, 

   allocation to minority interest and cumulative 

   effect of change in accounting principle

(2,169)

(1,055)

7,612

12,862

Loss on sale of properties

262

--

588

--

Income (loss) before allocation to minority

    interest and cumulative effect of change in

    accounting principle

(2,431)

(1,055)

7,024

12,862

Income (loss) allocation to minority interest

(297)

(199)

379

794

Income (loss) before cumulative effect of change 

   in accounting principle

(2,134)

(856)

6,645

12,068

Cumulative effect of change in accounting

   principle – gross

(720)

--

--

--

Cumulative effect of change in accounting

   principle – allocation to minority interest

52

--

--

--

Cumulative effect of change in accounting

   principle – net

(668)

--

--

--

Net income (loss)

(2,802)

(856)

6,645

12,068

Preferred share distribution

1,734

1,734

1,734

1,736

Net income (loss) applicable to common

   shareholders

$

(4,536)

$

(2,590)

$

4,911

$

10,334

Earnings per share:

    Net income (loss) per common share

$

(0.27)

$

(0.15)

$

0.29

$

0.61

    Net income (loss) per common share     

$

(0.27)

$

(0.15)

$

0.29

$

0.61

1999

 First

Second

Third

Fourth

Total revenue

$

14,807

$

17,426

$

16,585

$

13,852

Total expenses

11,356

11,528

10,722

10,898

Income before loss on sale of properties and

    allocation to minority interest

3,451

5,898

5,863

2,954

Loss on sale of properties

--

--

239

--

Income before minority interest

3,451

5,898

5,624

2,954

Income allocation to minority interest

165

400

373

88

Income after minority interest

3,286

5,498

5,251

2,866

Preferred share distribution

1,734

1,734

1,734

1,736

Net income applicable to common shareholders

$

1,552

$

3,764

$

3,517

$

1,130

Earnings per share:

     Net income per common share

$

0.10

$

0.23

$

0.21

$

0.07

     Net income per common share assuming

           dilution                                      

$

0.10

$

0.23

$

0.21

$

0.07