Spreadsheet: 149554d1334011750-sumif-multiple-columns-using-reference-codes-equity-partnership-rollforward
Sheet: MFSC Exposure Values

 |  | BELZ | Enterprises
 |  | UNION REALTY COMPANY GP & BELZ INVESTCO GP
 |  | MFSC EXPOSURE FROM PARTNERSHIP INVESTMENTS
 |  | Sorted & Totaled by Class |  |  |  | OWNERSHIP %'s |  |  | EXPOSURE
 |  | Class | Owned By | Code | Entity | Direct | Indirect | Total | 2010-12-31 00:00:00 | 2009-12-31 00:00:00
 |  | RE | Investco | COABLEINC | Able Empire Group Inc | 0.1 | 0.156 |  | 60695 | 54593
 |  | RE | Investco | COABLELP | Able Empire Group LP | 0.099 | 0.157 |  | 0 | 0
 |  | RE | Investco | COAPPLING | Appling Associates | 0.1 | 0 |  | -223 | -121090
 |  | RE | Investco | COBBPORTC | Belz Porter Commons LP | 0 | 0.22489 |  | -170933 | -159628
 |  | RE | Investco | COBEEMINI | [NAME] | 0.2345 | 0 |  | -997 | -5159
 |  | Hotel | Investco | COBGEXCEL | Belz Excelsior PS | 0.51 | 0 |  | -1195218 | -1125295
 |  | RE | Investco | COBLZASSC | Belz Associates | 0.25 | 0.14 |  | 1757931 | 2154290
 |  | RE | Investco | COBLZBECK | Belz Becker Shlenker Lewis | 0.47 | 0 |  | -11593 | 9055
 |  | RE | Investco | COBLZBUR2 | Belz Arkansas LP | 0.3 | 0.3 |  | 626351 | 605933
 |  | Hotel | Investco | COBLZEXCE | BG Excelsior LP | 0.06762 | 0.2346 | 0.30222 | -1449167 | -1390690
 |  | RE | Investco | COBLZPROP | Belz Properties | 0.4 | 0 |  | 1481693 | 1436072
 |  | Hotel | Investco | COBLZPTRS | Belz Partners LP | 0 | 0.51369 |  | 0 | 0
 |  | RE | Investco | COBLZRLTY | Belz Realty Company LLC | 0.25 | 0 |  | 142009 | 93483
 |  | RE | Investco | COBOATRCK | Boat Rock GP | 0.6 | 0 |  | -1578685 | -1886399
 |  | Hotel | Investco | COBOPHLLC | BOPH LLC | 0.51297 | 0 |  | 0 | 0
 |  | Hotel | Investco | COBPOINC | BPO Inc | 0.59731 | 0 |  | 0 | 0
 |  | RE | Investco | COBRKSRD | Brooks Road Associates | 0.5 | 0.16 |  | 1552923 | 1697320
 |  | RE | Investco | COBROBEL | [NAME] | 0.5 | 0 |  | 1441930 | 485538
 |  | RE | Investco | COBTPART | BT Partnership | 0.99 | 0 |  | 0 | -163316698
 |  | RE | Investco | COBZDEVCO | Belz Devco GP | 0.5 | 0 |  | 2027932 | 2009322
 |  | Hotel | Investco | COBZDEVLP | Belz Development Company | 0.3125 | 0 |  | 4370 | 6362
 |  | RE | Investco | COBZPRKPL | Belz Park Place Mall LP | 0.45 | 0 |  | 1797031 | 706955
 |  | RE | Investco | COCHAMPHL | Champion Hills Associates | 0.44723 | 0 |  | -905182 | -1113510
 |  | FOM | Investco | COFOMMGT | FOM Management Company LP | 0.085 | 0 |  | 11362 | 19003
 |  | FOM | Investco | COFOMPRMG | FOMPR Management Co LP | 0.2 | 0 |  | 0 | 0
 |  | FOM | Investco | COFOWMGT | FOW Management Co LP | 0.21 | 0 |  | 0 | 0
 |  | Hotel | Investco | COGAYHOTL | Gayoso Suite Hotel Company LP | 0.6 | 0 |  | 0 | 0
 |  | Hotel | Investco | COGHASSOC | GH Associates | 0 | 0.54367 |  | 0 | -11750004
 |  | Hotel | Investco | COGMHOTEL | GM Hotel Associates | 0 | 0.313875 |  | 0 | -41879
 |  | RE | Investco | COHILLRSE | Hillrise Venture GP | 0.4935 | 0 |  | 348017 | 297458
 |  | Hotel | Investco | COHRTGASC | Heritage Associates | 0.5675 |  |  | -5691223 | -3753580
 |  | Hotel | Investco | COHTPBLTD | Hotel Peabody GP PS | 0.31 | 0 |  |  | 2315368
 |  | RE | Investco | COLAUDER | Lauderdale - Greenlew | 0.5 | 0 |  | 276749 | 429451
 |  | RE | Investco | COLIFESTY | Belz Lifestyle Partners | 0.55 | 0 |  | -14570302 | -13675446
 |  | RE | Investco | COMALLORY | Mallory Development Co LLC | 0.5 | 0 |  | 121140 | 45539
 |  | RE | Investco | COMARNADR | Marina Drive Associates | 0.5 | 0 |  | -10564598 | -9999338
 |  | RE | Investco | COMDSOTRM | Midsouth Terminal Co GP | 0.2323 | 0 |  | 0 | 3607
 |  | RE | Investco | COMDSOTRM | Midsouth Terminal Co LP | 0.1742 | 0 |  | 0 | 2705
 |  | RE | Investco | COMTINDPK | Metro Industrial Park LTD | 0.35 | 0 |  | 127513 | 143714
 |  | RE | Investco | COMTINVCO | Metro Investment Company | 0.22 | 0 |  | -991895 | -894254
 |  | RE | Investco | COMTRPROP | Metro Properties | 0.22 | 0 |  | -1228 | -20286
 |  | Hotel | Investco | CONATCKHT | Natick Hotel Associates | 0 | 0.596363 |  | 0 | 378926
 |  | Hotel | Investco | CONHHOTEL | NH Hotel Associates | 0 | 0.298181 |  | 0 | 56442
 |  | RE | Investco | COPANTHER | [NAME] | 0.99 | 0 |  | -4875 | 0
 |  | Hotel | Investco | COPARKAVE | Park Avenue Associates | 0.14 |  |  | -29892 | -17941
 |  | FOM | Investco | COPFASSOC | Pigeon Forge Associates | 0.1 | 0.1515 |  | -31441 | -24668
 |  | FOM | Investco | COPFPARTN | PF Partners GP | 0.5 | 0 |  | -1457285 | -1367097
 |  | RE | Investco | COPOFFTWR | Peabody Office Tower GP | 0.45 | 0 |  | -4870684 | -5055858
 |  | RE | Investco | COPPCENLP | Peabody Place Center GP | 0.5 | 0 |  | -51193000 | -46178124
 |  | RE | Investco | COPPGOLD | Peabody Place Gold GP | 0.45 | 0 |  | -20160240 | -18891178
 |  | RE | Investco | COPPHAV | Peabody Place Hav GP | 0.45 | 0 |  | -1088290 | -1054841
 |  | Hotel | Investco | COPPHOTEL | Peabody Place Hotel Company GP | 0.5 | 0 | 0.5 | 159181 | 574898
 |  | RE | Investco | CORVRGTRM | Rivergate Terminal GP | 0.2667 | 0 |  | 0 | 43027
 |  | RE | Investco | CORVRGTRM | Rivergate Terminal LP | 0.1398 | 0 |  | 0 | 22554
 |  | FOM | Investco | COSCASSOC | SC Associates | 0.303 | 0 |  | -272699 | -255512
 |  | RE | Investco | COSRDGIND | South Ridge Industrial Park | 0.465 | 0 |  | -6968649 | -6803321
 |  | RE | Investco | CO3SISTER | Three Sisters | 0.2 | 0 |  | -769923 | -770086
 |  | RE | Investco | COTMINLTD | TM Investors Ltd LP | 0.49 | 0 |  | 16527 | -27649
 |  | Hotel | Investco | COUSTHOTL | UST Hotel Joint Venture, LTD | 0 |  |  | 0 | 0
 |  | RE | Investco | COVRCPROP | VRC Properties LLC | 0.5 | 0 |  | 96409 | 71755
 |  |  | Investco Total
 |  | Hotel | Union | COBLZPTRS | Belz Partners LP | 0 | 0.20426 |  | 0 | 0
 |  | Hotel | Union | COBOPHLLC | BOPH LLC | 0.20397 | 0 |  | 0 | 0
 |  | Hotel | Union | COBPOINC | BPO Inc | 0.2375 | 0 |  | 0 | 0
 |  | RE | Union | COBROBEL | [NAME] | 0.4 | 0 |  | 1153544 | 388430
 |  | Hotel | Union | COHTPBLTD | Hotel Peabody GP PS | 0.11 | 0 |  |  | 821582
 |  | RE | Union | COMARNADR | Marina Drive Associates | 0.2 | 0 |  | -4225839 | -3999735
 |  | RE | Union | COMTRPROP | Metro Properties | 0.22 | 0 |  | -1228 | -20286
 |  | Hotel | Union | CONEMALP | NEMA Limited PS | 0.415 | 0 |  | 0 | 1188527
 |  | RE | Union | COPARKWAY | Parkway Realty Company | 0.5 | 0 |  | -331830 | -276468
 |  | FOM | Union | COPFPARTN | PF Partners GP | 0.2 | 0 |  | -582914 | -546839
 |  | RE | Union | CO3SISTER | Three Sisters | 0.25 | 0 |  | -962404 | -962608
 |  | RE | Union | COTMINLTD | TM Investors Ltd LP | 0.5 | 0 |  | 16864 | -28213
 |  |  | Union Total
 |  |  | TOTAL