## Table 0 ##
Sales of Unregistered Securities Between October 1, 2017 and December 31, 2017, we issued 103,343 shares of our common stock in connection with the conversion of $196.1 million principal amount of our 1.0% Convertible Senior Notes due 2018.
The conversions were effected in accordance with the indenture, which provides that the principal amount of converted notes be paid in cash and the conversion premium be paid in cash and/or shares of common stock at our election.
In each case, we chose to pay the conversion premium in shares of common stock (fractional shares are paid in cash).
The issuances of the shares were not registered under the Securities Act of 1933, as amended (the "Act") pursuant to Section 3(a)(9) of the Act.
share special dividend) for the quarter ended December 31.
Total distributions on common shares for 2008 amounted to $470.8 million or $2.80 per share.
Included in these amounts are $101.0 million or $0.60 per common share with respect to a special cash dividend paid in December 2008.
During 2007, we paid distributions to our common shareholders of $0.50 per common share for each of the quarters ended March 31, June 30, September 30 and December 31.
Total distributions on common shares for 2007 amounted to $338.7 million or $2.00 per share.
Holders of common shares are entitled to receive distributions when and if declared by our Board of Trustees out of any funds legally available for that purpose.
In order to maintain our REIT status for federal income tax purposes, we are generally required to pay dividends at least equal to 90% of our real estate investment trust taxable income for the taxable year (for this purpose, certain dividends paid in the subsequent year may be taken into account).
We intend to continue to pay distributions sufficient to permit us to maintain our REIT status.
For Federal income tax purposes, distributions to shareholders are treated as ordinary income, capital gains, return of capital or a combination thereof.
For 2009, the dividends paid on common shares ($2.20 per share), on all the various classes of preferred shares, and on our Equity Shares, Series A were classified as follows:
## Table 1 ##
For 2008, the dividends paid on common shares ($2.80 per share), on all the various classes of preferred shares, and on our Equity Shares, Series A were classified as follows:
## Table 2 ##
Equity Shares The Company is authorized to issue 100,000,000 Equity Shares.
Our declaration of trust provides that the Equity Shares may be issued from time to time in one or more series and gives the Board of Trustees broad authority to fix the dividend and distribution rights, conversion and voting rights, redemption provisions and liquidation rights of each series of Equity Shares.
At December 31, 2009, we had 8,377,193 Depositary Shares outstanding, each representing 1/1,000 of an Equity Share, Series A.
The Equity Shares, Series A rank on a parity with our common shares and junior to the Senior Preferred Shares with respect to distributions and liquidation and has a liquidation amount which cannot exceed $24.50 per share.
Distributions with respect to each depositary share shall be the lesser of: a) five times the per share dividend on the Common Shares or b) $2.45 per annum.
Except in order to preserve the Company’s Federal income tax status as a REIT, we may not redeem the depositary shares before March 31, 2010.
If the Company fails to preserve its Federal income tax status as a REIT, each depositary share will be convertible into 0.956 of our common shares.
The depositary shares are otherwise not convertible into common shares.
Holders of depositary shares vote as a single class with our holders of common shares on shareholder matters, but the depositary shares have the equivalent of one-tenth of a vote per depositary share.
We have no obligation to pay distributions on the depositary shares if no distributions are paid to common shareholders.
During 2009, 2008 and 2007, we paid quarterly distributions to the holders of the Equity Shares, Series A of $0.6125 per share for each of the quarters ended March 31, June 30, September 30 and December 31.
Pursuant to our option to redeem the security after March 31, 2010, on April 15, 2010, we will be redeeming all of our outstanding shares of
Analysis of Regional Trends The following table sets forth regional trends in our Same Store Facilities:
## Table 3 ##

Tables referenced above, in order (Table 0 first):
<table><tr><td>Measurement PointDecember 31</td><td>Booking Holdings Inc.</td><td>NASDAQComposite Index</td><td>S&P 500Index</td><td>RDG InternetComposite</td></tr><tr><td>2012</td><td>100.00</td><td>100.00</td><td>100.00</td><td>100.00</td></tr><tr><td>2013</td><td>187.37</td><td>141.63</td><td>132.39</td><td>163.02</td></tr><tr><td>2014</td><td>183.79</td><td>162.09</td><td>150.51</td><td>158.81</td></tr><tr><td>2015</td><td>205.51</td><td>173.33</td><td>152.59</td><td>224.05</td></tr><tr><td>2016</td><td>236.31</td><td>187.19</td><td>170.84</td><td>235.33</td></tr><tr><td>2017</td><td>280.10</td><td>242.29</td><td>208.14</td><td>338.52</td></tr></table>
<table><tr><td></td><td>1 st Quarter</td><td>2 nd Quarter</td><td>3 rd Quarter</td><td>4thQuarter</td></tr><tr><td>Ordinary Income</td><td>100.0000%</td><td>100.0000%</td><td>98.5716%</td><td>100.0000%</td></tr><tr><td>Long-term Capital Gain</td><td>0.0000%</td><td>0.0000%</td><td>1.4284%</td><td>0.0000%</td></tr><tr><td>Total</td><td>100.0000%</td><td>100.0000%</td><td>100.0000%</td><td>100.0000%</td></tr></table>
<table><tr><td></td><td>1 st Quarter</td><td>2 nd Quarter</td><td>3 rd Quarter</td><td>4thQuarter</td></tr><tr><td>Ordinary Income</td><td>99.9668%</td><td>99.6512%</td><td>99.8319%</td><td>100.0000%</td></tr><tr><td>Long-term Capital Gain</td><td>0.0332%</td><td>0.3488%</td><td>0.1681%</td><td>0.0000%</td></tr><tr><td>Total</td><td>100.0000%</td><td>100.0000%</td><td>100.0000%</td><td>100.0000%</td></tr></table>
<table><tr><td></td><td colspan="3">Year Ended December 31,</td><td colspan="3">Year Ended December 31,</td></tr><tr><td></td><td>2009</td><td>2008</td><td>Change</td><td>2008</td><td>2007</td><td>Change</td></tr><tr><td></td><td colspan="6">(Amounts in thousands, except for weighted average data)</td></tr><tr><td>Same Store Facilities Operating Trends by Region</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Revenues:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Southern California (176 facilities)</td><td>$203,794</td><td>$212,556</td><td>-4.1%</td><td>$212,556</td><td>$205,142</td><td>3.6%</td></tr><tr><td>Northern California (167 facilities)</td><td>149,043</td><td>154,064</td><td>-3.3%</td><td>154,064</td><td>146,872</td><td>4.9%</td></tr><tr><td>Texas (231 facilities)</td><td>139,614</td><td>141,155</td><td>-1.1%</td><td>141,155</td><td>135,513</td><td>4.2%</td></tr><tr><td>Florida (182 facilities)</td><td>134,104</td><td>141,601</td><td>-5.3%</td><td>141,601</td><td>144,071</td><td>-1.7%</td></tr><tr><td>Illinois (119 facilities)</td><td>87,837</td><td>90,283</td><td>-2.7%</td><td>90,283</td><td>86,513</td><td>4.4%</td></tr><tr><td>Washington (88 facilities)</td><td>71,292</td><td>75,036</td><td>-5.0%</td><td>75,036</td><td>73,284</td><td>2.4%</td></tr><tr><td>Georgia (86 facilities)</td><td>48,466</td><td>51,381</td><td>-5.7%</td><td>51,381</td><td>51,008</td><td>0.7%</td></tr><tr><td>All other states (850 facilities)</td><td>555,365</td><td>569,554</td><td>-2.5%</td><td>569,554</td><td>554,355</td><td>2.7%</td></tr><tr><td>Total revenues</td><td>1,389,515</td><td>1,435,630</td><td>-3.2%</td><td>1,435,630</td><td>1,396,758</td><td>2.8%</td></tr><tr><td colspan="7">Cost of operations:</td></tr><tr><td>Southern California</td><td>45,304</td><td>44,938</td><td>0.8%</td><td>44,938</td><td>45,328</td><td>-0.9%</td></tr><tr><td>Northern California</td><td>39,400</td><td>40,047</td><td>-1.6%</td><td>40,047</td><td>40,786</td><td>-1.8%</td></tr><tr><td>Texas</td><td>53,657</td><td>54,827</td><td>-2.1%</td><td>54,827</td><td>53,968</td><td>1.6%</td></tr><tr><td>Florida</td><td>46,110</td><td>48,454</td><td>-4.8%</td><td>48,454</td><td>48,167</td><td>0.6%</td></tr><tr><td>Illinois</td><td>39,185</td><td>37,774</td><td>3.7%</td><td>37,774</td><td>38,410</td><td>-1.7%</td></tr><tr><td>Washington</td><td>17,749</td><td>17,743</td><td>0.0%</td><td>17,743</td><td>17,371</td><td>2.1%</td></tr><tr><td>Georgia</td><td>16,607</td><td>17,027</td><td>-2.5%</td><td>17,027</td><td>16,593</td><td>2.6%</td></tr><tr><td>All other states</td><td>196,601</td><td>201,986</td><td>-2.7%</td><td>201,986</td><td>198,945</td><td>1.5%</td></tr><tr><td>Total cost of operations</td><td>454,613</td><td>462,796</td><td>-1.8%</td><td>462,796</td><td>459,568</td><td>0.7%</td></tr><tr><td colspan="7">Net operating income (a):</td></tr><tr><td>Southern California</td><td>158,490</td><td>167,618</td><td>-5.4%</td><td>167,618</td><td>159,814</td><td>4.9%</td></tr><tr><td>Northern California</td><td>109,643</td><td>114,017</td><td>-3.8%</td><td>114,017</td><td>106,086</td><td>7.5%</td></tr><tr><td>Texas</td><td>85,957</td><td>86,328</td><td>-0.4%</td><td>86,328</td><td>81,545</td><td>5.9%</td></tr><tr><td>Florida</td><td>87,994</td><td>93,147</td><td>-5.5%</td><td>93,147</td><td>95,904</td><td>-2.9%</td></tr><tr><td>Illinois</td><td>48,652</td><td>52,509</td><td>-7.3%</td><td>52,509</td><td>48,103</td><td>9.2%</td></tr><tr><td>Washington</td><td>53,543</td><td>57,293</td><td>-6.5%</td><td>57,293</td><td>55,913</td><td>2.5%</td></tr><tr><td>Georgia</td><td>31,859</td><td>34,354</td><td>-7.3%</td><td>34,354</td><td>34,415</td><td>-0.2%</td></tr><tr><td>All other states</td><td>358,764</td><td>367,568</td><td>-2.4%</td><td>367,568</td><td>355,410</td><td>3.4%</td></tr><tr><td>Total net operating income</td><td>$934,902</td><td>$972,834</td><td>-3.9%</td><td>$972,834</td><td>$937,190</td><td>3.8%</td></tr><tr><td>Weighted average occupancy:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Southern California</td><td>89.9%</td><td>90.3%</td><td>-0.4%</td><td>90.3%</td><td>90.0%</td><td>0.3%</td></tr><tr><td>Northern California</td><td>88.9%</td><td>89.8%</td><td>-1.0%</td><td>89.8%</td><td>89.0%</td><td>0.9%</td></tr><tr><td>Texas</td><td>88.9%</td><td>90.4%</td><td>-1.7%</td><td>90.4%</td><td>90.2%</td><td>0.2%</td></tr><tr><td>Florida</td><td>88.6%</td><td>89.0%</td><td>-0.4%</td><td>89.0%</td><td>88.4%</td><td>0.7%</td></tr><tr><td>Illinois</td><td>88.0%</td><td>88.8%</td><td>-0.9%</td><td>88.8%</td><td>88.3%</td><td>0.6%</td></tr><tr><td>Washington</td><td>88.9%</td><td>89.7%</td><td>-0.9%</td><td>89.7%</td><td>90.6%</td><td>-1.0%</td></tr><tr><td>Georgia</td><td>87.4%</td><td>88.8%</td><td>-1.6%</td><td>88.8%</td><td>90.0%</td><td>-1.3%</td></tr><tr><td>All other states</td><td>88.6%</td><td>89.3%</td><td>-0.8%</td><td>89.3%</td><td>89.1%</td><td>0.2%</td></tr><tr><td>Total weighted average occupancy</td><td>88.7%</td><td>89.5%</td><td>-0.9%</td><td>89.5%</td><td>89.3%</td><td>0.2%</td></tr></table>

Question: What's the average of Southern California in 2008 and 2009 ?
Answer: 45121
Reasoning program: add(45304,44938), divide(#0,const_2)