| Balance Sheet ($000) | | | | | | | | |
| Real Estate | 1,159,339 | 1,126,631 | 1,080,993 | 972,477 | 964,462 | 888,340 | 833,225 | 790,894 |
| Real Estate (Less Accumulated Depreciation) | 902,388 | 873,104 | 843,577 | 757,783 | 769,612 | 709,186 | 671,902 | 644,578 |
| Secured Debt | 592,113 | 584,501 | 596,709 | 518,119 | 534,805 | 493,142 | 421,278 | 393,164 |
| Total Debt | 592,113 | 584,501 | 596,709 | 518,119 | 534,805 | 493,142 | 421,278 | 393,164 |
| Total Liabilities | 643,036 | 633,454 | 608,772 | 553,512 | 565,255 | 525,349 | 451,501 | 420,639 |
| Equity Attributable to Common Shares | 159,383 | 152,634 | 153,833 | 124,096 | 123,995 | 116,856 | 107,561 | 102,410 |
| Equity Attributable to Partnership Units | 169,784 | 163,212 | 168,644 | 165,863 | 185,690 | 179,661 | 183,967 | 176,637 |
| Accumulated AOCI | 6,425 | 6,575 | 11,461 | 12,879 | 11,362 | 13,782 | - | - |
| Total Equity | 335,592 | 322,421 | 328,938 | 301,321 | 323,467 | 296,467 | 291,528 | 279,047 |
| Income Statement ($000) | | | | | | | | |
| Rental Revenue | 45,440 | 43,730 | 159,306 | 143,631 | 135,060 | 129,324 | 124,616 | 119,460 |
| Interest Expense | 7,389 | 6,828 | 24,463 | 21,435 | 19,994 | 18,142 | 17,097 | 18,282 |
| Total Revenue | 57,526 | 43,133 | 160,158 | 146,177 | 145,591 | 133,933 | 129,076 | 120,884 |
| Total Expense | 38,633 | 40,456 | 141,814 | 135,919 | 121,059 | 109,495 | 102,097 | 104,825 |
| Net Income | 18,893 | 2,677 | 18,344 | 7,654 | 24,532 | 24,438 | 26,980 | 16,059 |
| Net Income (Attributable to Partnership Units) | 11,084 | 1,570 | 11,089 | 4,763 | 15,611 | 15,644 | 17,575 | 10,525 |
| Net Income (Attributable Common Shares) | 7,809 | 1,107 | 7,255 | 2,891 | 8,921 | 8,794 | 9,405 | 5,534 |
| FFO | 15,846 | 12,951 | 49,282 | 38,709 | 42,011 | 45,788 | 45,260 | 38,054 |
| Key Metrics | | | | | | | | |
| FFO Payout (%) | 65.23 | 66.97 | 72.91 | 88.3 | 80.09 | 65.69 | 65.35 | 74.15 |
| FFO/ Total Revenue (%) | 27.55 | 30.03 | 30.77 | 26.48 | 28.86 | 34.19 | 35.06 | 31.48 |
| Total Debt/ Gross Real Estate (%) | 51.07 | 51.88 | 55.39 | 53.28 | 55.45 | 55.51 | 50.56 | 49.71 |
| Per Share Information ($) | | | | | | | | |
| FFO / Share | 0.5 | 0.41 | 1.63 | 1.3 | 1.44 | 1.61 | 1.62 | 1.4 |
| Modified FFO per Share | 0.48 | NA | NA | NA | NA | NA | NA | NA |
| Principal Payments Schedule ($000) | | | | | | | | |
| Debt Due this Fiscal Year | - | 36,329 | - | 6,020 | - | - | - | 30,040 |
| Debt Due during Next Fiscal Year | 88,481 | 71,777 | 62,228 | 22,304 | 53,341 | 21,404 | 26,595 | 38,756 |
| Debt Due during Second Fiscal Year | 79,586 | 79,440 | 71,332 | 53,288 | 22,376 | 52,373 | 49,886 | 26,458 |
| Debt Due during Third Fiscal Year | 47,474 | 47,291 | 78,971 | 69,259 | 53,130 | 21,939 | 18,873 | 49,220 |
| Debt Due during Fourth Fiscal Year | 91,801 | 91,648 | 42,581 | 79,821 | 45,546 | 52,379 | 50,489 | 19,054 |
| Debt Due Thereafter | 262,915 | 242,635 | 311,514 | 295,481 | 333,913 | 347,555 | 247,228 | 236,688 |
