when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
1. <DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>q18k2009.txt
<DESCRIPTION>1ST QTR 2009 8-K
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (date of earliest event reported): April 15, 2009
MISSION WEST PROPERTIES, INC.
(Exact name of registrant as specified in its charter)
Maryland Commission File Number: 95-2635431
-------- 1-8383 ----------
(State or other jurisdiction (I.R.S. Employer
of incorporation) Identification)
10050 Bandley Drive, Cupertino, CA 95014
(Address of principal executive offices)
(408) 725-0700
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the
following provisions (see General Instruction A.2. below):
[] Written communications pursuant to Rule 425 under the Securities Act(17
CFR
230.425)
[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR
240.14a-12)
[] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
<PAGE>
2. ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
(a) The following information is being furnished by the Company as required
for
Item 2.02(a) of this report and shall not be deemed to be quot;filedquot;
for
purposes of Section 18 of the Securities Exchange Act of 1934:
On April 15, 2009, the Company issued a press release announcing its
earnings
results for the first quarter ended March 31, 2009. The press release
is
attached to this Current Report as Exhibit 99.1 and is incorporated by
reference
in response to Item 2.02(a) of this report.
-----------------------------------------------------------------------------
---
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the
registrant has duly caused this report to be signed on its behalf by
the
undersigned hereunto duly authorized.
MISSION WEST PROPERTIES, INC.
Date: April 16, 2009 By: /s/ Wayne N. Pham
----------------------------------
---
Wayne N. Pham
Vice President of Finance and
Controller
<PAGE>
EXHIBIT 99.1
3. PRESS
RELEASE
For Immediate News Release
April 15, 2009
MISSION WEST PROPERTIES ANNOUNCES FIRST QUARTER 2009 OPERATING RESULTS
quot;We build the buildings for the high tech companies that build the
internetquot;
Cupertino, CA - Mission West Properties, Inc. (NASDAQ: MSW) reported today
that
Funds From Operations (quot;FFOquot;) for the quarter ended March 31, 2009
was
approximately $12,070,000, or $0.11 per diluted common share, (considering
the
potential effect of all O.P. units being exchanged for shares of the
Company's
common stock) as compared to approximately $15,223,000, or $0.14 per
diluted
common share, for the same period in 2008. Unrealized loss from investment
in
marketable securities accounted for approximately ($2,757,000), or ($0.03)
per
diluted common share, for the quarter ended March 31, 2009. On a
sequential
quarter basis, FFO for the quarter ended December 31, 2008 was
approximately
$0.12 per diluted common share. Net termination fee income relating to a
lease
termination accounted for approximately $1,921,000, or $0.02 per diluted
common
share, for the quarter ended March 31, 2008.
Net income for the quarter ended March 31, 2009 was approximately $5,634,000
as
compared to approximately $9,121,000 for the quarter ended March 31, 2008.
Net
income per diluted share to common stockholders was $0.07 for the quarter
ended
March 31, 2009 compared to $0.10 for the quarter ended March 31, 2008, a
per
share decrease of approximately 30%. Unrealized loss from investment
in
marketable securities accounted for approximately ($0.03) per diluted
common
share for the quarter ended March 31, 2009. Net termination fee income
relating
to a lease termination accounted for approximately $0.02 per diluted
common
share for the quarter ended March 31, 2008.
COMPANY PROFILE
4. Mission West Properties, Inc. operates as a self-managed, self-administered
and
fully integrated REIT engaged in the management, leasing, marketing,
development
and acquisition of commercial R&D properties, primarily located in the
Silicon
Valley portion of the San Francisco Bay Area. Currently, the Company manages
111
properties totaling approximately 8.0 million rentable square feet,
which
includes approximately 854,000 rentable square feet (or 16 buildings) that
are
in the process of being rezoned for residential development. For
additional
information, please contact Investor Relations at 408-725-0700.
The matters described herein contain forward-looking statements. Such
statements
can be identified by the use of forward-looking terminology such as
quot;will,quot;
quot;anticipate,quot; quot;estimate,quot; quot;expect,quot; quot;intends,quot; or similar words. Forward-
looking
statements involve a number of risks, uncertainties or other factors beyond
the
Company's control, which may cause material differences in actual
results,
performance or other expectations. These factors include, but are not
limited
to, the ability to complete acquisitions under the Berg Land Holdings
Option
Agreement with the Berg Group and other factors detailed in the
Company's
registration statements, and periodic filings with the Securities &
Exchange
Commission.
<PAGE>
MISSION WEST PROPERTIES, INC.
SELECTED FINANCIAL DATA
(In thousands, except share, per share and property data amounts)
<TABLE>
<CAPTION>
Three Months Three
Months
Ended
Ended
Mar 31, 2009 Mar
31, 2008
---------------- -------
---------
OPERATING REVENUES:
5. <S> <C> <C>
Rental revenue from real estate $20,655
$18,996
Tenant reimbursements 4,800
3,583
Lease termination and settlement income -
1,921
Other income 320
228
---------------- -------
---------
Total operating revenues 25,775
24,728
---------------- -------
---------
OPERATING EXPENSES:
Operating and maintenance 2,555
2,476
Real estate taxes 3,397
2,411
General and administrative 531
673
Depreciation and amortization of real estate 5,944 (1)
5,623 (1)
---------------- -------
---------
Total operating expenses 12,427
11,183
---------------- -------
---------
Operating income 13,348
13,545
OTHER INCOME (EXPENSES):
Equity in earnings of unconsolidated joint venture 89
382
Interest and dividend income (59)
558
Unrealized loss from investment (2,757)
-
Interest expense (4,806)
(4,928)
Interest expense - related parties (181)
(436)
---------------- -------
---------
Net income 5,634
9,121
Net income attributable to noncontrolling interests (4,202)
(7,239)
---------------- -------
---------
Net income attributable to common stockholders $1,432
$1,882
6. ================
================
Net income per share to common stockholders:
Basic $0.07
$0.10
================
================
Diluted $0.07
$0.10
================
================
Weighted average shares of common stock (basic) 21,614,878
19,667,605
================
================
Weighted average shares of common stock (diluted) 21,770,489
19,667,605
================
================
Weighted average O.P. units outstanding 83,660,298
85,530,417
================
================
FUNDS FROM OPERATIONS
Funds from operations $12,070
$15,223
================
================
Funds from operations per share (2) $0.11
$0.14
================
================
Outstanding common stock 21,748,211
19,669,807
================
================
Outstanding O.P. units 83,526,965
85,528,215
================
================
Weighted average O.P. units and common stock
outstanding (diluted) 105,430,787
105,198,022
================
================
</TABLE>
<PAGE>
7. <TABLE>
<CAPTION>
Three Months Three
Months
Ended
Ended
FUNDS FROM OPERATIONS CALCULATION Mar 31, 2009 Mar
31, 2008
---------------- -------
---------
<S> <C> <C>
Net income $ 5,634 $
9,121
Add:
Depreciation and amortization of real estate 6,416
6,024
Depreciation and amortization of real estate
held in unconsolidated joint venture 59
189
Less:
Noncontrolling interests in joint ventures (39)
(111)
---------------- -------
---------
Funds from operations $12,070
$15,223
================
================
</TABLE>
Funds From Operations (quot;FFOquot;) is a non-GAAP financial measurement used by
real
estate investment trusts (quot;REITsquot;) to measure and compare operating
performance.
As defined by NAREIT, FFO represents net income (loss) before
noncontrolling
interest of unit holders (computed in accordance with GAAP,
accounting
principles generally accepted in the United States of America), excluding
gains
(or losses) from debt restructuring and sales of property, plus real
estate
related depreciation and amortization (excluding amortization of
deferred
financing costs and depreciation of non-real estate assets) and
after
adjustments for unconsolidated partnerships and joint ventures.
Management
considers FFO to be an appropriate supplemental measure of the
Company's
operating and financial performance because when compared year over year,
it
reflects the impact to operations from trends in occupancy rates, rental
rates,
operating costs, general and administrative expenses and interest
costs,
8. providing a perspective not immediately apparent from net income. In
addition,
management believes that FFO provides useful information about the
Company's
financial performance when compared to other REITs since FFO is
generally
recognized as the industry standard for reporting the operations of REITs.
FFO
should neither be considered as an alternative for net income as a measure
of
profitability nor is it comparable to cash flows provided by
operating
activities determined in accordance with GAAP. FFO is not comparable
to
similarly entitled items reported by other REITs that do not define them
exactly
as we define FFO.
<TABLE>
<CAPTION>
Three Months Three
Months
Ended
Ended
PROPERTY AND OTHER DATA: Mar 31, 2009 Mar
31, 2008
---------------- -------
---------
<S> <C> <C>
Total properties, end of period 111
111
Total square feet, end of period 8,047,569
8,047,569
Average monthly rental revenue per square foot (3) $1.29
$1.23
Occupancy for leased properties 65.3%
64.4%
Straight-line rent $322
$705
Leasing commissions $117
$316
Capital expenditures $-
$221
</TABLE>
LEASE ROLLOVER SCHEDULE:
Year # of Leases Rentable Square Feet
---------------- ------------- ---------------------
2009 15 140,332 (4)
2010 12 572,000
2011 15 827,605
2012 13 1,001,452
2013 6 459,737
2014 13 1,357,782
2015 4 328,211
2016 2 144,600
9. 2017 3 241,089
Thereafter 1 119,756
------------- ---------------------
Total 84 5,192,564
============= =====================
<PAGE>
BALANCE SHEETS
<TABLE>
<CAPTION>
March 31, 2009
December 31, 2008
-------------------- ---------
------------
Assets
Investments in real estate:
<S> <C> <C>
Land $ 320,911 $
320,911
Buildings and improvements 799,469
799,471
Real estate related intangible assets 3,240
3,240
-------------------- ---------
-----------
Total investments in properties 1,123,620
1,123,622
Accumulated depreciation and amortization (185,987)
(180,043)
-------------------- ---------
-----------
Net investments in properties 937,633
943,579
Investment in unconsolidated joint venture 3,832
3,768
-------------------- ---------
-----------
Net investments in real estate 941,465
947,347
Cash and cash equivalents -
-
Restricted cash 22,048
39,478
Restricted investment in marketable securities 4,078
-
Investment in marketable securities -
3,368
10. Deferred rent receivables 18,164
17,841
Other assets, net 18,620
18,758
-------------------- ---------
-----------
Total assets $1,004,375
$1,026,792
====================
====================
Liabilities and Equity
Liabilities:
Mortgage notes payable $ 327,933 $
330,908
Mortgage note payable - related parties 8,639
8,761
Revolving line of credit 5,456
13,079
Interest payable 1,583
1,596
Security deposits 5,122
5,272
Deferred rental income 5,735
3,964
Dividends and distributions payable 21,055
21,055
Accounts payable and accrued expenses 20,063
17,747
-------------------- ---------
-----------
Total liabilities 395,586
402,382
-------------------- ---------
-----------
Commitments and contingencies.
Equity: (5)
Stockholders' equity:
Common stock, $.001 par value 22
20
Additional paid-in capital 169,415
154,412
Distributions in excess of accumulated earnings (22,932)
(20,014)
-------------------- ---------
-----------
Total stockholders' equity 146,505
134,418
Noncontrolling interests 462,284
489,992
-------------------- ---------
-----------
Total equity 608,789
624,410
11. -------------------- ---------
-----------
Total liabilities and equity $1,004,375
$1,026,792
====================
====================
</TABLE>
(1) Includes approximately $159 and $122 in amortization expense for the
three
months ended March 31, 2009 and 2008, respectively, for the amortization
of
in-place lease value intangible asset pursuant to Statement of
Financial
Accounting Standard No. 141, quot;Business Combinations.quot;
(2) Calculated on a fully diluted basis. Assumes conversion of O.P.
units
outstanding into the Company's common stock.
(3) Average monthly rental revenue per square foot has been determined
by
taking the cash base rent for the period divided by the number of months
in
the period, and then divided by the average occupied square feet in
the
period.
(4) Eight leases for approximately 113,000 rentable square feet are month
to
month lease.
(5) Reflects adoption of Statement of Financial Accounting Standard No.
160,
quot;Noncontrolling Interests in Consolidated Financial Statements -
an
amendment of ARB No. 51.quot;
</TEXT>
</DOCUMENT>