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|                                                                                    |                                                                                                                           |                                      |    |    |   |    |    |   |    |    |   |    |    |    |    |    |   |
|-----------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------|---------|---------|--------|---------|---------|--------|---------|---------|--------|---------|---------|---------|---------|---------|--------|
|                                                                                    |                                                                                                                           | For      the Year Ended December 31, |    |
|                                                                                    |                                                                                                                           | 2009                                      |    | 2008    |   | 2007    |    | 2006   |    | 2005    |   |
| EARNINGS:                                                                               |                                                                                                                           |                                      |    |    |   |    |    |   |    |    |   |    |    |    |    |    |
| ADD:                                                                                    |                                                                                                                           |                                      |    |    |   |    |    |   |    |    |   |    |    |    |    |    |
|                                                                                    | Income      from continuing operations before minority interest and equity in earnings      from unconsolidated joint ventures |                                      | $       | 69,288  |   | $       | 104,631 |   | $       | 94,530  |   | $       | 110,138 |    | $       | 92,051  |   |
|                                                                                    | Fixed      charges (see calculation below)                                                                                     |                                      |    | 142,919 |   |    | 134,178 |   |    | 132,609 |   |    | 142,648 |    |    | 125,057 |   |
|                                                                                    | Distributed      income of unconsolidated joint ventures                                                                       |                                      |    | 2,637   |   |    | 5,784   |   |    | 1,875   |   |    | 2,302   |    |    | — |   |
| SUBTRACT:                                                                               |                                                                                                                           |                                      |    |    |   |    |    |   |    |    |   |    |    |    |    |    |
|                                                                                    | Capitalized      interest                                                                                                      |                                      |    | (1,401  | )      |    | (5,799  | )      |    | (5,101  | )      |    | (6,058  | )       |    | (5,518  | )      |
| TOTAL      EARNINGS:                                                                    |                                                                                                                           | $                                         | 213,443 |    | $      | 238,794 |    | $      | 223,913 |    | $      | 249,030 |    | $       | 211,590 |    |
|                                                                                    |                                                                                                                           |                                      |    |    |   |    |    |   |    |    |   |
| FIXED      CHARGES:                                                                     |                                                                                                                           |                                      |    |    |   |    |    |   |    |    |   |    |    |    |    |    |
| Interest      expense (includes amortization of deferred financingcosts)                |                                                                                                                           | $                                         | 141,273 |    | $      | 128,145 |    | $      | 127,287 |    | $      | 136,357 |    | $       | 119,337 |    |
| Capitalized      interest                                                               |                                                                                                                           |                                      | 1,401   |    |   | 5,799   |    |   | 5,101   |    |   | 6,058   |    |    | 5,518   |    |
| Interest      portion (33 percent) of ground rents on land leases                  |                                                                                                                           |                                      | 245     |    |   | 234     |    |   | 221     |    |   | 233     |    |    | 202     |    |
| TOTAL      FIXED CHARGES:                                                               |                                                                                                                           | $                                         | 142,919 |    | $      | 134,178 |    | $      | 132,609 |    | $      | 142,648 |    | $       | 125,057 |    |
| Preferred      unit Distributions:                                                      |                                                                                                                           |                                      |    |    |   |    |    |   |    |    |   |    |    |    |    |    |
| Preferred      unit Distributions – Series B                                      |                                                                                                                           |                                      | — |    |   | — |    |   | — |    |   | — |    |  $ | 3,909   |    |
| Preferred      unit Distributions – Series C                                      |                                                                                                                           |                                      | 2,000   |    |   | 2,000   |    |   | 2,000   |    |   | 2,000   |    |    | 2,000   |    |
| Total      Preferred units Distributions:                                               |                                                                                                                           |                                      | 2,000   |    |   | 2,000   |    |   | 2,000   |    |   | 2,000   |    |    | 5,909   |    |
| TOTAL      COMBINED FIXED CHARGES AND PREFERRED SECURITY DIVIDENDS:                     |                                                                                                                           | $                                         | 144,919 |    | $      | 136,178 |    | $      | 134,609 |    | $      | 144,648 |    | $       | 130,966 |    |
| RATIO      OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED SECURITY      DIVIDENDS: |                                                                                                                           |                                      | 1.5     |    |   | 1.8     |    |   | 1.7     |    |   | 1.7     |    |    | 1.6     |    |

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