Exhibit 99
MORTGAGE AND OTHER NOTES PAYABLE
INCLUDING WEIGHTED INTEREST RATES AT SEPTEMBER 30, 2001
FIXED/
BENEFICIAL LIBOR+
100% INTEREST SPREAD (a) MATURITIES AT BENEFICIAL INTEREST
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9/30/01 9/30/01 9/30/01 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 TOTAL
------- ------- ------- ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- -----
CONSOLIDATED FIXED RATE DEBT:
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BEVERLY CENTER 146.0 146.0 8.36% 146.0 146.0
BILTMORE 79.2 79.2 7.68% 0.2 0.8 0.8 0.9 1.0 1.1 1.2 1.2 72.0 79.2
MACARTHUR CENTER 143.9 100.7 7.59% 0.2 1.0 1.1 1.1 1.2 1.3 1.4 1.5 1.7 90.2 100.7
THE MALL AT SHORT HILLS 270.0 270.0 6.70% 1.9 3.0 3.2 3.5 3.7 4.0 4.2 246.4 270.0
OTHER 23.8 23.8 12.03% 0.3 1.8 0.3 0.3 0.3 0.4 0.4 0.1 20.0 0.0 23.8
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TOTAL CONSOLIDATED FIXED 662.9 619.7 7.57% 0.7 5.4 5.3 151.6 6.0 6.5 6.9 7.1 340.1 90.2 619.7
WEIGHTED RATE 7.14% 7.20% 7.02% 8.31% 7.02% 7.02% 7.03% 7.06% 7.28% 7.59%
CONSOLIDATED FLOATING RATE DEBT:
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GREAT LAKES CROSSING 151.6 128.8 5.29% 0.5 128.3 128.8
THE SHOPS AT WILLOW BEND 179.6 179.6 5.66% 179.6 179.6
TWELVE OAKS 50.0 50.0 3.94% 50.0 50.0
TWELVE OAKS ASSOCIATES 100.0 100.0 4.87% 100.0 100.0
WELLINGTON GREEN 106.3 95.7 5.55% 95.7 95.7
TRG CREDIT FACILITY 26.6 26.6 4.13% 26.6 26.6
TRG CREDIT FACILITY 108.0 108.0 4.40% 108.0 108.0
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TOTAL CONSOLIDATED FLOATING 722.1 688.8 5.08% 258.5 154.9 179.6 95.7 0.0 0.0 0.0 0.0 0.0 0.0 688.8
WEIGHTED RATE 4.49% 5.09% 5.66% 5.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
TOTAL CONSOLIDATED 1,385.1 1,308.5 6.26% 259.2 160.4 184.9 247.3 6.0 6.5 6.9 7.1 340.1 90.2 1,308.5
WEIGHTED RATE 4.50% 5.16% 5.69% 7.24% 7.02% 7.02% 7.03% 7.06% 7.28% 7.59%
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JOINT VENTURES FIXED RATE DEBT:
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ARIZONA MILLS 36.84% 145.0 53.4 7.90% 0.1 0.4 0.5 0.5 0.6 0.6 0.6 0.7 0.8 48.7 53.4
CHERRY CREEK 50.00% 177.0 88.6 7.68% 0.5 1.3 86.7 88.6
FAIR OAKS 50.00% 140.0 70.0 6.60% 70.0 70.0
WESTFARMS 78.94% 100.0 78.9 7.85% 78.9 78.9
WOODLAND 50.00% 66.0 33.0 8.20% 33.0 33.0
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TOTAL JOINT VENTURE FIXED 628.0 323.9 7.58% 0.1 79.4 0.5 34.0 1.8 87.3 0.6 70.7 0.8 48.7 323.9
WEIGHTED RATE 7.90% 7.85% 7.90% 8.19% 7.75% 7.68% 7.90% 6.61% 7.90% 7.90%
JOINT VENTURES FLOATING RATE DEBT:
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DOLPHIN MALL 50.00% 164.6 (b) 82.3 5.58% 82.3 82.3
THE MALL AT MILLENIA 50.00% 37.4 18.7 5.45% 18.7 18.7
STAMFORD TOWN CENTER 50.00% 76.0 38.0 4.29% 38.0 38.0
INTERNATIONAL PLAZA 26.49% 153.0 40.5 5.50% 40.5 40.5
WESTFARMS 78.94% 55.0 43.4 5.16% 43.4 43.4
OTHER 2.4 1.5 6.00% 0.1 0.4 0.4 0.4 0.1 1.5
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TOTAL JOINT VENTURE FLOATING 488.5 224.5 5.26% 0.1 204.7 19.1 0.4 0.1 0.0 0.0 0.0 0.0 0.0 224.4
WEIGHTED RATE 6.00% 5.23% 5.47% 6.00% 6.00% 0.00% 0.00% 0.00% 0.00% 0.00%
TOTAL JOINT VENTURE 1,116.5 548.4 6.63% 0.2 284.1 19.6 34.4 1.9 87.3 0.6 70.7 0.8 48.7 548.4
WEIGHTED RATE 6.96% 5.97% 5.52% 8.16% 7.63% 7.68% 7.90% 6.61% 7.90% 7.90%
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TRG BENEFICIAL INTEREST TOTALS
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FIXED RATE DEBT 943.6 7.57% 0.8 84.8 5.7 185.6 7.8 93.8 7.6 77.8 340.9 138.8 943.6
7.23% 7.81% 7.09% 8.29% 7.19% 7.64% 7.10% 6.65% 7.28% 7.70%
FLOATING RATE DEBT 913.2 5.12% 258.6 359.6 198.8 96.1 0.1 0.0 0.0 0.0 0.0 0.0 913.2
4.49% 5.17% 5.64% 5.56% 6.00% 0.00% 0.00% 0.00% 0.00% 0.00%
TOTAL 1,856.8 6.37% 259.4 444.4 204.5 281.7 8.0 93.8 7.6 77.8 340.9 138.8 1,856.8
4.50% 5.68% 5.68% 7.36% 7.17% 7.64% 7.10% 6.65% 7.28% 7.70%
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Average Maturity 4.64
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(a) Does not include effect of amortization of debt issuance costs or interest rate hedging costs.
(b) As of 9/30/01, $200 million is swapped to an all-in rate of 8.14%. Because the swap does not qualify for hedge accounting, changes in the fair value of the
swap are recognized as a reduction to earnings.