Capitalization and Debt Detail 63 Effective Interest Rate Balance Date of Maturity 2.500% Senior Unsecured Notes 2.803% 249,594 12/15/17 7.750% Senior Unsecured Notes 8.017% 249,333 08/15/19 4.500% Senior Unsecured Notes 4.612% 299,654 04/18/22 3.150% Senior Unsecured Notes 3.517% 270,841 05/15/23 Total Senior Unsecured Notes $1,069,422 Unamortized deferred financing costs (4,480) Total Senior Unsecured Notes, Net $1,064,942 $600mm Unsecured Revolver LIBOR+1.300% 75,000 07/31/17¹ $350mm Unsecured Term Loan LIBOR+1.300% 347,590 01/07/19¹ Total Revolving Credit Facilities & Term Loans $422,590 4 Becker 9.550% 40,330 05/11/16 Curtis Center LIBOR+5.912% 75,000 10/09/162 Prudential 6.332% 142,443 01/15/17 150 Main Street LIBOR+2.35% 20,929 03/30/17 Portside 7 LIBOR+2.35% 42,500 12/04/17 23 Main Street 5.587% 28,195 09/01/18 Port Imperial 4/5 Hotel LIBOR+4.50% 3,094 10/06/18 Harborside Plaza 5 6.842% 215,723 11/01/18 Chase II LIBOR+2.25% 8,680 12/15/18 Other mortgages maturing 2019+ Various 197,904 2019 - 2029 Total Secured Debt $774,798 Unamortized deferred financing costs (5,375) Total Secured Debt, Net $769,423 Total Debt $2,256,955 Debt Detail ($000s) Market Capitalization ($mm) MV of Equity¹ $2,725.2 54.7% Property Mortgages $769.4 15.4% Senior Unsecured Notes & Term Loans $1,412.5 28.3% $600.0 Unsecured Facility ($75.0 outstanding) 1.6% Source: Company filings as of June 30, 2016 ¹ Market price of $27.00 as of 6/30/16. Source: Company filings as of 6/30/16 ¹ $600M revolver has two, six-month extension options for a final maturity in 2018. $350M term loan has two, one year extension options for a final maturity in 2021. 2 Does not include built-in extension options Total Market Capitalization $4,982MM
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