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Pennsylvania Real Estate Investment Trust ®

Supplemental Financial and Operating Information
Quarter Ended December 31, 2013

www.preit.com

NYSE: PEI
NYSE: PEIPRA, PEIPRB

Pennsylvania Real Estate Investment Trust
Supplemental Financial and Operating Information
December 31, 2013

Table of Contents

Introduction

  • Company Information
  • 1

  • 2
  • Market Capitalization and Capital Resources

Operating Results

  • Statement of Operations - Proportionate Consolidation Method - Quarters Ended December 31, 2013 and December 31, 2012
  • 3

45678
Statement of Operations - Proportionate Consolidation Method - Years Ended December 31, 2013 and December 31, 2012 Statement of Net Operating Income - Quarters and Years Ended December 31, 2013 and December 31, 2012 Computation of Earnings Per Share Funds From Operations and Funds Available for Distribution - Quarters Ended December 31, 2013 and December 31, 2012 Funds From Operations and Funds Available for Distribution - Years Ended December 31, 2013 and December 31, 2012

Operating Statistics

Leasing Activity Summary Summarized Sales and Rent Per Square Foot and Occupancy Percentages Mall Occupancy Percentage and Sales Per Square Foot Strip and Power Center Occupancy Percentages Top Twenty Tenants
9
10 11 12 13 14 15 17
Lease Expirations Property Information Department Store Lease Expirations

Balance Sheet

Condensed Balance Sheet - Proportionate Consolidation Method Investment in Real Estate
19 20 22 23 24 25 26 27
Capital Expenditures Debt Analysis Debt Schedule Selected Debt Ratios Definitions Forward Looking Statements

Pennsylvania Real Estate Investment Trust

Company Information

Background

Pennsylvania Real Estate Investment Trust, founded in 1960 and one of the first equity REITs in the U.S., has a primary investment focus on retail shopping malls. As of December 31, 2013, the Company owned interests in 43 retail properties, 40 of which are operating retail properties and three are development properties. The 40 operating retail properties have a total of 30.4 million square feet and include 35 enclosed malls and five strip and power centers. The operating properties are located in 11 states in the eastern half of the United States, primarily in the Mid-Atlantic region. PREIT is headquartered in Philadelphia, Pennsylvania.

If you would like to participate in our quarterly conference call or would like additional information about PREIT, please contact:

Heather Crowell, Vice President of Corporate Communications and Investor Relations 200 South Broad Street Philadelphia, PA 19102 Telephone: (215) 875-0735 Fax: (215) 546-2504 Email: [email protected]

Research Coverage

  • Company
  • Analyst
  • Phone Number

  • Bank of America/Merrill Lynch
  • Craig Schmidt
  • (646) 855-3640

(212) 526-2306 (212) 816-1383 (646) 863-4177 (415) 229-8070
Barclays Capital Citi Investment Research Discern
Ross Smotrich Michael Bilerman David Wigginton

  • Ben Yang
  • Evercore Partners

  • Green Street Advisors
  • Cedrik Lachance

Daniel J. Busch
(949) 640-8780 (949) 640-8780

  • JP Morgan
  • Michael W. Mueller

Yasmine Kamaruddin
(212) 622-6689 (212) 622-1041

  • Stifel Nicolaus
  • Nathan Isbee

Jennifer Hummert
(443) 224-1346 (443) 224-1288

  • SunTrust Robinson Humphrey
  • Ki Bin Kim
  • (212) 303-4124

NOTE: Press release announcements are available on the Company's website at www.preit.com.

Page 1

Pennsylvania Real Estate Investment Trust

Market Capitalization and Capital Resources

(in thousands, except per share amounts)

  • Quarter Ended December 31,
  • Year Ended December 31,

  • 2012
  • 2013
  • 2012
  • 2013
  • 2011

TRADING INFORMATION

Common Shares
$$$
17.34
6.50
10.44
High Price per share Low Price per share Closing Share Price (at the end of period)
$$$
19.58 16.61 18.98
$$$
17.90 15.42 17.64
$$$
22.54 14.20 18.98
$$$
17.90 10.49 17.64

Series A Preferred Shares High Price per share Low Price per share
$$$
27.33 24.95 26.28
$$$
25.89 24.77 25.16
$$$
26.97 25.18 26.28
$$$
28.06 24.77 25.16
$$$
---
Closing Share Price (at the end of period) Series B Preferred Shares High Price per share Low Price per share
$$$
24.64 23.05 23.73
$$$
25.54 24.51 25.27
$$$
26.86 23.05 23.73
$$$
25.54 24.51 25.27
$$$
--

  • -
  • Closing Share Price (at the end of period)

MARKET CAPITALIZATION

EQUITY CAPITALIZATION

  • Common Shares Outstanding
  • 68,293

2,129
56,331
2,301
68,293
2,129
56,331
2,301
55,677

  • 2,329
  • OP Units Outstanding

  • Total Common Shares and OP Units Outstanding
  • 70,422
  • 58,632
  • 70,422
  • 58,632
  • 58,006

Equity Market Capitalization - Common Shares and OP Units
$$
1,336,614
115,000
86,250
$$
1,034,273
115,000
86,250
$$
1,336,614
115,000
86,250
$$
1,034,273
115,000
86,250
$$
605,581
Series A Preferred Shares, Nominal Value Series B Preferred Shares, Nominal Value Total Equity Market Capitalization

-

-

  • 1,537,864
  • 1,235,523
  • 1,537,864
  • 1,235,523
  • 605,581

DEBT CAPITALIZATION (1)

Secured Debt Balance (2)(3)

  • $
  • 1,701,101
  • $
  • 2,101,769
  • $
  • 1,701,101
  • $
  • 2,101,769
  • $
  • 2,230,645

Unsecured Debt Balance (4)

  • 130,000
  • -
  • 130,000
  • -
  • 136,900

  • Debt Capitalization
  • 1,831,101
  • 2,101,769
  • 1,831,101
  • 2,101,769
  • 2,367,545

  • TOTAL MARKET CAPITALIZATION
  • $
  • 3,368,965
  • $
  • 3,337,292
  • $
  • 3,368,965
  • $
  • 3,337,292
  • $
  • 2,973,126

Equity Capitalization/Total Market Capitalization Debt Capitalization/Total Market Capitalization Unsecured Debt Balance/Total Debt

45.6% 54.4%
7.1%
37.0% 63.0%
0.0%
45.6% 54.4%
7.1%
37.0% 63.0%
0.0%
20.4% 79.6%
5.8%

DISTRIBUTIONS PER COMMON SHARE

  • Ordinary Dividends
  • $
  • -
  • $
  • -
  • $
  • -
  • $
  • -
  • $
  • 0.37

Capital Gain Distributions (5) Non-Dividend Distributions Distributions per common share

  • -
  • -
  • -
  • -
  • 0.01

0.22

0.60

0.20

0.20

0.16

0.16

0.74

0.74

0.63

  • 0.63
  • $
  • $
  • $
  • $
  • $

  • Annualized Dividend Yield (6)
  • 4.2%
  • 3.6%
  • 3.9%
  • 3.6%
  • 5.7%

CAPITAL RESOURCES Cash and Cash Equivalents

  • $
  • 41,867
  • $
  • 38,873
  • $
  • 41,867
  • $
  • 38,873
  • $
  • 27,481

Revolving Facility

400,000
(130,000)
250,000
-
400,000
(130,000)
250,000
-
250,000

  • (95,000)
  • Amount Outstanding

  • Available Revolving Facility(7)
  • 270,000
  • 250,000
  • 270,000
  • 250,000
  • 155,000

  • TOTAL
  • $
  • 311,867
  • $
  • 288,873
  • $
  • 311,867
  • $
  • 288,873
  • $
  • 182,481

Shelf Registration

  • $
  • 568,750
  • $
  • 798,750
  • $
  • 568,750
  • $
  • 798,750
  • $
  • 1,000,000

(1) Amounts exclude debt discount on our Exchangeable Notes and debt premium on mortgage loans. (2) The secured debt balance includes $182,000 in Term Loans outstanding as of December 31, 2012 and $240,000 outstanding as of December 31, 2011. (3) The secured debt balance includes Revolving Facility balance of $95,000 as of December 31, 2011. (4) The unsecured debt balance includes a Revolving Facility balance of $130,000 as of December 31, 2013 and Exchangeable Notes of $136,900 as of December 31, 2011.

(5) Includes $.004 of unrecaptured Section 1250 gain as of December 31, 2011. (6) Based on closing share price at the end of the period. (7) The available Credit Facility borrowings are subject to covenants that may restrict amounts that can be borrowed. On April 17, 2013, the Company entered into the 2013 Revolving Facility.
Page 2

Pennsylvania Real Estate Investment Trust

Statement of Operations - Quarters Ended December 31, 2013 and December 31, 2012
Proportionate Consolidation Method
(in thousands)

  • Quarter Ended December 31, 2013
  • Quarter Ended December 31, 2012

PREIT's share of
Continuing Operations
PREIT's share of
Continuing Operations unconsolidated partnerships (1) unconsolidated partnerships (1)
Discontinued operations
Discontinued

  • operations
  • GAAP
  • Total

82,902 34,809
3,701

GAAP

73,253 29,523
3,615

Total

86,654 33,680
3,840
REVENUE:

  • Base rent
  • $
  • 75,514

31,842
3,574

  • $
  • 6,983

2,832
127

  • $
  • 405

135 -

  • $
  • $
  • $
  • 6,779

2,591
143

  • $
  • 6,622

1,566
82
$
Expense reimbursements Percentage rent Lease termination revenue Other real estate revenue Total real estate revenue Other income
998
6,009
117,937
1,459
96
474
10,512
-
30 64
634 -
1,124 6,547
129,083
1,459
62
6,009
112,462
1,280
16
417
9,946
-

  • -
  • 78

6,718
130,970
1,280
292
8,562
-

  • Total revenue
  • 119,396
  • 10,512
  • 634
  • 130,542
  • 113,742
  • 9,946
  • 8,562
  • 132,250

EXPENSES: Operating expenses: CAM and real estate taxes Utilities Other operating expenses Total operating expenses
(36,727)
(5,043) (5,311)
(47,081)
(2,273)
(207) (712)
(383)
(28) 112
(39,383)
(5,278) (5,911)
(50,572)
(33,793)
(4,619) (5,052)
(43,464)
(2,038)
(282) (729)
(3,270)
(93)
(572)
(39,101)
(4,994) (6,353)

  • (50,448)
  • (3,192)
  • (299)
  • (3,049)
  • (3,935)

Depreciation and amortization Other expenses:

  • (36,406)
  • (1,844)
  • (87)
  • (38,337)
  • (33,484)
  • (1,859)
  • (2,344)
  • (37,687)

General and administrative expenses Provision for employee separation expense Project costs and other expenses Total other expenses
(10,395)
-
(561)
(10,956)
----
----
(10,395)
-
(561)
(10,956)
(8,720) (3,683) (1,159)
(13,562)
----
----
(8,720) (3,683) (1,159)
(13,562)

(2)

Interest expense, net Total expenses
(20,227)
(114,670)
(2,779) (7,815)

  • -
  • (23,006)

(122,871)
(30,587)
(121,097)
(2,809) (7,717)
(1,171) (7,450)
(34,567)

  • (136,264)
  • (386)

Income (loss) before equity in income of partnerships and discontinued operations Equity in income of partnerships Income (loss) from continuing operations Discontinued operations:
4,726 2,697 7,423
2,697 (2,697)
-
248 -248
7,671
-
7,671
(7,355) 2,229 (5,126)
2,229 (2,229)
-
1,112
-
1,112
(4,014)
-
(4,014)

Operating results from discontinued operations Impairment of assets of discontinued operations Gains on sales of discontinued operations Income (loss) from discontinued operations Net income (loss) Less: net (income) loss attributed to noncontrolling interest Net income (loss) attributable to PREIT Less: preferred share dividends
248 -160
---------
(248)
--
--
1,112 (3,805)
947
(1,746) (6,872)
273
(6,599) (3,768)
(10,367)
---------
(1,112)
--
-
(3,805)
947
(2,858) (6,872)
273
(6,599) (3,768)
(10,367)
160

  • 160
  • 408
  • (248)
  • (1,112)

7,831
(281)
7,550 (3,962) 3,588
-----
7,831
(281)
7,550 (3,962) 3,588
----

  • -
  • Net income (loss) attributable to PREIT common shareholders
  • $
  • $
  • $
  • $
  • $
  • $
  • $
  • $

(1) PREIT's proportionate share of partnership operations is "grossed up" to reflect the Company's share of the total revenue and expenses of the underlying properties. (2) Net of capitalized interest expense of $255 and $151 for the quarters ended December 31, 2013 and 2012, respectively.

Page 3

Pennsylvania Real Estate Investment Trust

Statement of Operations - Years Ended December 31, 2013 and December 31, 2012
Proportionate Consolidation Method
(in thousands)

  • Year Ended December 31, 2013
  • Year Ended December 31, 2012

PREIT's share of
Continuing Operations
PREIT's share of
Continuing Operations unconsolidated partnerships (1) unconsolidated partnerships (1)
Discontinued operations
Discontinued

  • operations
  • GAAP
  • Total
  • GAAP
  • Total

REVENUE: Base rent Expense reimbursements Percentage rent

  • $
  • 283,074

126,909
5,732

  • $
  • 27,319

11,193
216

  • $
  • 7,861

1,745
26

  • $
  • 318,254

139,847
5,974

  • $
  • 272,036

119,993
5,713

  • $
  • 26,261

10,546
229

  • $
  • 25,706

6,327
108

  • $
  • 324,003

136,866
6,050
Lease termination revenue Other real estate revenue Real estate revenue Other income

  • 1,565
  • 123
  • 78

304
10,014
-

  • 1,766
  • 1,753
  • 74
  • 75

830
33,046
-
1,902
14,448
431,728
6,950
1,344
40,195
-
16,096
481,937
6,950
14,318
413,813
5,534
1,342
38,452
-
16,490
485,311
5,534

  • Total revenue
  • 438,678
  • 40,195
  • 10,014
  • 488,887
  • 419,347
  • 38,452
  • 33,046
  • 490,845

EXPENSES: Operating expenses: CAM and real estate taxes Utilities Other operating expenses Total operating expenses
(142,684)
(22,028) (17,567)
(182,279)
(8,791)
(753)
(2,416)
(11,960)
(3,399)
(288) (601)
(154,874)
(23,069) (20,584)
(198,527)
(132,901)
(21,838) (18,391)
(173,130)
(8,132)
(816)
(2,510)
(11,458)
(12,745)
(566)
(2,029)
(15,340)
(153,778)
(23,220) (22,930)

  • (199,928)
  • (4,288)

Depreciation and amortization Other expenses:

  • (140,880)
  • (7,373)
  • (1,161)
  • (149,414)
  • (127,845)
  • (7,396)
  • (8,877)
  • (144,118)

General and administrative expenses Provision for employee separation expense Impairment of assets Project costs and other expenses Total other expenses
(36,975)
(2,314) (6,304) (1,422)
(47,015)
-----
-----
(36,975)
(2,314) (6,304) (1,422)
(47,015)
(37,538)
(9,437)
-
(1,936)
(48,911)
---
-----
(37,538)
(9,437)
-
(1,938)
(48,913)
(2) (2)

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  • Pennsylvania Real Estate Investment Trust ®

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    Pennsylvania Real Estate Investment Trust ® Supplemental Financial and Operating Information Quarter Ended March 31, 2011 www.preit.com NYSE: PEI Pennsylvania Real Estate Investment Trust Supplemental Financial and Operating Information March 31, 2011 Table of Contents Introduction Company Information 1 Press Release Announcements 2 Market Capitalization and Capital Resources 3 Operating Results Statement of Operations - Proportionate Consolidation Method - Quarters Ended March 31, 2011 and March 31, 2010 4 Net Operating Income - Quarters Ended March 31, 2011 and March 31, 2010 5 Computation of Earnings Per Share 6 Funds From Operations and Funds Available for Distribution - Quarters Ended March 31, 2011 and March 31, 2010 7 Operating Statistics Leasing Activity Summary 8 Summarized Rent Per Square Foot and Occupancy Percentages 9 Mall Sales and Rent Per Square Foot 10 Enclosed Mall Occupancy - Owned GLA 11 Strip and Power Center Rent Per Square Foot and Occupancy Percentages 12 Top Twenty Tenants 13 Lease Expirations 14 Gross Leasable Area Occupancy Summary 15 Property Information 16 Balance Sheet Balance Sheet - Proportionate Consolidation Method 19 Balance Sheet - Property Type 20 Investment in Real Estate 21 Capital Expenditures 23 Debt Analysis 24 Debt Schedule 25 Selected Debt Ratios 26 Shareholder Information 27 Definitions 28 FORWARD-LOOKING STATEMENTS This Quarterly Supplemental and Operating Information contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements relate to expectations, beliefs, projections, future plans, strategies, anticipated events, trends and other matters that are not historical facts.
  • Other Businesses (PDF)

    Other Businesses (PDF)

    Maximum APRs Offered for Consumer Transactions Company Location Loc Address Descriptions Addl Desc Category Fixed APR Variable APR ACE PARKER TIRES, INC. 930 N LAFAYETTE ST SUMTER SC 29150 ACE PARKER TIRES, INC. 930 N LAFAYETTE ST SUMTER SC 29150 Tires Unsecured 36 0 AIKEN MOTORCYCLE SALES & SERVICE INC 2129 WHISKEY RD AIKEN SC AIKEN MOTORCYCLE SALES & SERVICE INC 2129 WHISKEY RD AIKEN SC 29803 Apparel, Lawn and garden equipment, Secured 36 36 Motorcycles, Mopeds, or ATV's/4wheelers, New vehicles, Tires, Used vehicles ALTMAN TRACTOR & EQUIPMENT CO INC. 1808 PAMPLICO HWY Florence SC 29505 ALTMAN TRACTOR & EQUIPMENT CO INC. 1808 E PAMPLICO HWY FLORENCE SC 29501 Lawn and garden equipment AG & CONSTRUCTION Secured 25 25 EQUIPMENT, PARTS & SERVICE Lawn and garden equipment AG & CONSTRUCTION OpenEnd 25 25 EQUIPMENT, PARTS & SERVICE Lawn and garden equipment AG & CONSTRUCTION Unsecured 25 25 EQUIPMENT, PARTS & SERVICE AMERICAN FREIGHT, INC. 680 SUNBUNY RD. DELAWARE OH 43015 AMERICAN FREIGHT FURNITURE AND MATTRESS 1424 ATLAS RD COLUMBIA SC 29209 Furniture Secured 145 0 2600 ANDERSON RD. SUITE J GREENVILLE SC 29611 Furniture Secured 145 0 3432 B WACCAMAW BLVD MYRTLE BEACH SC 29579 Furniture Secured 145 0 Thursday, September 06, 2018 Other Page 1 of 50 Company Location Loc Address Descriptions Addl Desc Category Fixed APR Variable APR 4750 GOER DR. SUITE C N. CHARLESTON SC 29406 Furniture Secured 145 0 473 EAST BLACKSTOCK RD UNIT 1 SPARTANBURG SC 29301 Furniture Secured 145 0 AMERICAN SIGNATURE, INC. 4300 E FIFTH AVE COLUMBUS OH 43219 VALUE CITY
  • MAGNOLIA Mall

    MAGNOLIA Mall

    MAGNOLIA Mall FLORENCE, SC THE FACTS FLORENCE CIVIC CENTER magnolia Mall INTERSTATE 95 n Dominant property with strong tenant lineup, serves as the market’s only enclosed mall within 60 miles. n Former Sears store redeveloped/ remerchandised with Burlington, HomeGoods and Five Below. n Located in the heart of the retail, educational and medical hub of the seven-county Pee Dee region. DAVID H. MC LEOD BOULEVARD n Situated just off I-95, halfway between the Northeast Corridor and Florida. n 15 hotels with over 1,400 rooms ® are directly adjacent to the mall. n Major US companies including urlington Honda of South Carolina Manufac- turing, Ruiz Foods, Johnson Controls, Otis Elevator and QVC call Florence home. n High school and college students within 30 miles of the mall = 18,300. Mall Highlights restaurants & outparcels featured retailers Center Size 620,000 sf Texas Roadhouse 7,100 sf American Eagle Outfitters Torrid Inline GLA 276,000 sf Chuck E. Cheese’s 7,000 sf Bath & Body Works Yankee Candle Year Opened 1979 Buffalo Wild Wings 6,200 sf Carter’s Zales Year Redeveloped 2008 Ruby Tuesday 4,900 sf The Children’s Place Food Court 6 Units Chick-fil-A 4,500 sf Five Below Chipotle 2,200 sf Foot Locker anchors & junior anchors H&M Belk 116,000 sf coming sooon Kay Jewelers Burlington 46,000 sf Tilt Studios Old Navy DICK’s Sporting Goods 45,000 sf REEDS Jewelers Best Buy 32,000 sf rue21 Barnes & Noble 29,000 sf Shoe Dept/ENCORE HomeGoods 20,000 sf magnolia mall Intersections of I-95 and I-20 2701 David McLeod Boulevard Florence, SC 29501 Latitude
  • Store # State City Mall/Shopping Center Name Address

    Store # State City Mall/Shopping Center Name Address

    Store # State City Mall/Shopping Center Name Address Date 2918 AL ALABASTER COLONIAL PROMENADE 340 S COLONIAL DR NOW OPEN! 152 AL BESSEMER COLONIAL PROMENADE AT TANNEHILL 4835 PROMENADE PKWY NOW OPEN! 1650 AL FLORENCE REGENCY SQUARE 301 COX CREEK PKWY (RT 133) NOW OPEN! 2994 AL FULTONDALE PROMENADE FULTONDALE 3363 LOWERY PKWY NOW OPEN! 2218 AL HOOVER RIVERCHASE GALLERIA 2300 RIVERCHASE GALLERIA NOW OPEN! 219 AL MOBILE THE SHOPPES AT BEL AIR 3299 BEL AIR MALL NOW OPEN! 2840 AL MONTGOMERY EASTDALE MALL 1000 EASTDALE MALL NOW OPEN! 2956 AL PRATTVILLE HIGH POINT TOWN CENTER COBBS FORD RD & BASS PRO BLVD NOW OPEN! 2875 AL SPANISH FORT SPANISH FORT TOWN CENTER 22500 TOWN CENTER AVE NOW OPEN! 2869 AL TRUSSVILLE TUTWILER FARM 5060 PINNACLE SQ NOW OPEN! 1786 AL TUSCALOOSA UNIVERSITY MALL 1701 MACFARLAND BLVD E NOW OPEN! 2265 AR PINE BLUFF THE PINES MALL 2901 PINES MALL DR STE A NOW OPEN! 2709 AR FAYETTEVILLE NORTHWEST ARKANSAS MALL 4201 N SHILOH DR NOW OPEN! 1961 AR FORT SMITH CENTRAL MALL 5111 ROGERS AVE NOW OPEN! 2835 AR JONESBORO MALL AT TURTLE CREEK 3000 E HIGHLAND DR STE 516 NOW OPEN! 2914 AR LITTLE ROCK SHACKLEFORD CROSSING 2600 S SHACKLEFORD RD NOW OPEN! 663 AR NORTH LITTLE ROCK MCCAIN SHOPPING CENTER 3929 MCCAIN BLVD STE 500 NOW OPEN! 2879 AR ROGERS PINNACLE HLLS PROMENADE 2202 BELLVIEW RD NOW OPEN! 2936 AZ CASA GRANDE PROMENADE AT CASA GRANDE 1041 N PROMENADE PKWY NOW OPEN! 157 AZ CHANDLER MILL CROSSING 2180 S GILBERT RD NOW OPEN! 251 AZ GLENDALE ARROWHEAD TOWNE CENTER 7750 W ARROWHEAD TOWNE CENTER NOW OPEN! 2842 AZ GOODYEAR PALM VALLEY
  • TWISTED TUESDAY Participating Stores

    TWISTED TUESDAY Participating Stores

    TWISTED TUESDAY Participating Stores ADDRESS I ADDRESS II CITY STATE ZIP PHONE NUMBER Village Mall Auburn 1627 Opelika Road,#10 Auburn AL 36830 (334) 821-8368 Brookwood Village 718 Brookwood Village Birmingham AL 35209 (205) 871-1333 Regency Mall 301 Cox Creek Parkway,Space #1302 Florence AL 35630 (256) 760-1980 Parkway Place Mall 2801 Memorial Parkway SW Huntsville AL 35801 (205) 539-3255 The Shoppes at EastChase 7048 EastChase Parkway Montgomery AL 36117 (334) 356-8111 Eastern Shore Centre 30500 State Hwy 181 Spc 810 Spanish Fort AL 36527 (251) 621-7977 Central Mall 5111 Rogers Avenue Fort Smith AR 72903 (479) 452-2525 McCain Mall 3929 McCain Blvd Spc N H 02A North Little Rock AR 72116 (501) 758-1100 Arrowhead Towne Center 7700 W Arrowhead Twn Ctr, Spc #2142 Glendale AZ 85308-0929 (623) 215-0555 Arrowhead Town Center 7700 West Arrowhead Center, Spc #1259 Glendale AZ 85308 (623) 215-0286 Desert Sky Mall 7611 West Thomas Rd. Phoenix AZ 85033 (623) 873-1540 Foothills Mall - Bakery Cafe 7401 N La Cholla Blvd #155 Tucson AZ 85741 (520) 531-8404 Park Place Mall 5870 East Broadway, #K-9 Tuscon AZ 85711 Burbank Town Center 201 E Magnolia Ave #316 Burbank CA 91501 (818) 840-8898 Burbank Town Center 201 E Magnolia Ave #316 Burbank CA 91501 (818) 840-8898 Sunrise Mall 6138 Sunrise Mall Citrus Heights CA 95610 (916) 723-7197 Vallco Mall 10123 N Wolf Road Spc 2056 Cupertino CA 95014 (408) 252-8653 Bayshore Mall 3300 Broadway Spc #304A Eureka CA 95501 (707) 444-9595 Westfield Solano Mall 1350 Travis Blvd., Space B-13 Fairfield CA 94533 707-423-1942 Folsom Premium Outlet 13000 Folsom Blvd.,Suite 210 Folsom CA 95630-0002 (916) 351-1448 Great Mall of the Bay Area 173 Great Mall Drive Milpitas CA 95035 (408) 945-9231 Del Monte Mall 520 Del Monte Center, U-526 Monterey CA 93940 (831) 646-0243 Moreno Valley Mall 22500 Town Cir Ste 1205 Moreno Valley CA 92553 (951) 653-2557 Antelope Valley Mall 1233 kW.
  • Mall List by DMA.Xlsx

    Mall List by DMA.Xlsx

    April 10, 2014 DMA GLA Monthly HH Rank DMA Mall Name City State Sq. Ft. Traffic Income 1 New York, NY Galleria at White Plains Mall White Plains NY 875,926 1,034,000 $95,000 2 Los Angeles, CA Galleria at Tyler Riverside CA 1,200,000 1,010,000 $72,983 2 Los Angeles, CA Glendale Galleria Glendale CA 1,500,000 2,100,000 $83,859 2 Los Angeles, CA Montclair Plaza Montclair CA 1,350,000 1,048,000 $82,228 2 Los Angeles, CA Moreno Valley Mall Moreno Valley CA 1,090,000 707,000 $78,357 2 Los Angeles, CA Northridge Fashion Center Northridge CA 1,440,000 1,753,000 $80,145 2 Los Angeles, CA Southbay Pavilion Carson CA 967,000 651,000 $61,906 3 Chicago, IL Century Shopping Centre Chicago IL 186,000 279,000 3 Chicago, IL Golf Mill Shopping Center Niles IL 1,057,000 1,078,000 $81,843 3 Chicago, IL Northbrook Court Northbrook IL 1,000,000 1,047,000 $121,617 3 Chicago, IL Spring Hill Mall West Dundee IL 1,370,000 1,282,000 $98,009 4 Philadelphia, PA Cherry Hill Mall Cherry Hill NJ 1,304,200 1,304,200 $65,306 4 Philadelphia, PA Cumberland Mall Vineland NJ 942,000 1,000,000 $74,750 4 Philadelphia, PA Deptford Mall Deptford NJ 1,039,000 1,069,000 $75,107 4 Philadelphia, PA Exton Square Mall Exton PA 1,086,300 774,000 $92,401 4 Philadelphia, PA Gallery at Market East Philadelphia PA 1,090,100 821,000 $51,226 4 Philadelphia, PA Hamilton Mall Hamilton Township NJ 1,036,000 1,000,000 $81,561 4 Philadelphia, PA King of Prussia King of Prussia PA 2,613,000 1,084,000 $81,337 4 Philadelphia, PA Lehigh Valley Mall Whitehall PA 1,169,000 1,000,000 $68,017 4 Philadelphia,
  • Pennsylvania Real Estate Investment Trust ®

    Pennsylvania Real Estate Investment Trust ®

    Pennsylvania Real Estate Investment Trust ® Supplemental Financial and Operating Information Quarter Ended December 31, 2010 www.preit.com NYSE: PEI Pennsylvania Real Estate Investment Trust Supplemental Financial and Operating Information December 31, 2010 Table of Contents Introduction Company Information 1 Press Release Announcements 2 Market Capitalization and Capital Resources 3 Operating Results Statement of Operations-Proportionate Consolidation Method - Quarters Ended December 31, 2010 and December 31, 2009 4 Statement of Operations-Proportionate Consolidation Method - Years Ended December 31, 2010 and December 31, 2009 5 Net Operating Income - Quarters Ended December 31, 2010 and December 31, 2009 6 Net Operating Income - Years Ended December 31, 2010 and December 31, 2009 7 Computation of Earnings Per Share 8 Funds From Operations and Funds Available for Distribution - Quarters Ended December 31, 2010 and December 31, 2009 9 Funds From Operations and Funds Available for Distribution - Years Ended December 31, 2010 and December 31, 2009 10 Operating Statistics Leasing Activity Summary 11 Summarized Rent Per Square Foot and Occupancy Percentages 12 Enclosed Mall Sales and Rent Per Square Foot 13 Enclosed Mall Occupancy - Owned GLA 14 Strip and Power Center Rent Per Square Foot and Occupancy Percentages 15 Top Twenty Tenants 16 Lease Expirations 17 Gross Leasable Area Occupancy Summary 18 Property Information 19 Balance Sheet Balance Sheet - Proportionate Consolidation Method 22 Balance Sheet - Property Type 23 Investment in Real Estate 24 Capital Expenditures 26 Debt Analysis 27 Debt Schedule 28 Selected Debt Ratios 29 Shareholder Information 30 Definitions 31 FORWARD-LOOKING STATEMENTS This Quarterly Supplemental and Operating Information contains certain “forward-looking statements” within the meaning of the U.S.