Exhibit 99
MORTGAGE AND OTHER NOTES PAYABLE
INCLUDING WEIGHTED INTEREST RATES AT MARCH 31, 2002
BENEFICIAL EFFECTIVE
100% INTEREST RATE (a)
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03/31/02 03/31/02 03/31/02 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 TOTAL
-------- -------- -------- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- -----
CONSOLIDATED FIXED RATE DEBT:
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BEVERLY CENTER 146.0 146.0 8.36% 146.0 146.0
BILTMORE FASHION PARK 78.8 78.8 7.68% 0.6 0.8 0.9 1.0 1.1 1.2 1.2 72.0 78.8
MACARTHUR CENTER 143.2 100.2 7.59% 0.7 1.1 1.1 1.2 1.3 1.4 1.5 1.7 90.2 100.2
REGENCY SQUARE 82.2 82.2 6.75% 0.6 0.9 0.9 1.0 1.1 1.1 1.2 1.3 1.4 72.8 82.2
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 23.5 23.5 12.07% 1.8 0.3 0.3 0.3 0.4 0.4 0.1 20.0 0.0 0.0 23.5
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TOTAL CONSOLIDATED FIXED 743.8 700.8 5.6 6.1 152.5 7.0 7.5 8.1 8.3 341.4 91.5 72.8 700.8
WEIGHTED RATE 7.48% 7.47% 7.12% 6.98% 8.30% 6.98% 6.98% 6.99% 7.01% 7.28% 7.58% 6.75%
CONSOLIDATED FLOATING RATE DEBT:
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GREAT LAKES CROSSING 150.3 127.8 4.57% (c) 1.6 126.2 127.8
THE SHOPS AT WILLOW BEND 193.6 193.6 4.13% (d) 193.6 193.6
THE MALL AT WELLINGTON GREEN 134.0 120.6 4.42% (e) 120.6 120.6
TRG CREDIT FACILITY 11.5 11.5 2.85% (i) 11.5 11.5
TRG CREDIT FACILITY 190.0 190.0 2.96% (f) 190.0 190.0
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TOTAL CONSOLIDATED FLOATING 679.4 643.5 13.1 319.8 310.6 643.5
WEIGHTED RATE 3.93% 3.90% 3.06% 4.30% 3.53%
TOTAL CONSOLIDATED 1423.2 1344.3 18.7 325.9 463.1 7.0 7.5 8.1 8.3 341.4 91.5 72.8 1344.3
WEIGHTED RATE 5.79% 5.76% 4.27% 4.35% 5.10% 6.98% 6.98% 6.99% 7.01% 7.28% 7.58% 6.75%
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JOINT VENTURES FIXED RATE DEBT:
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ARIZONA MILLS 36.84% 144.3 53.2 7.90% 0.3 0.5 0.5 0.6 0.6 0.6 0.7 0.8 48.7 53.2
CHERRY CREEK 50.00% 177.0 88.5 7.68% 0.5 1.3 86.7 88.5
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 627.3 323.6 79.3 0.5 34.0 1.8 87.3 0.6 70.7 0.8 48.7 323.6
WEIGHTED RATE 7.57% 7.58% 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% 176.3 (b) 88.2 4.48% (g) 88.2 88.2
THE MALL AT MILLENIA 50.00% 75.5 37.7 3.98% (h) 37.7 37.7
STAMFORD TOWN CENTER 50.00% 76.0 38.0 2.70% (j) 38.0 38.0
INTERNATIONAL PLAZA 26.49% 182.4 48.3 4.34% (k) 48.3 48.3
WESTFARMS 78.94% 55.0 43.4 5.16% (l) 43.4 43.4
OTHER 3.7 2.4 4.75% 0.5 0.6 0.6 0.3 0.2 0.0 2.4
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TOTAL JOINT VENTURE FLOATING 568.9 258.0 218.4 38.4 0.6 0.3 0.2 0.0 258.0
WEIGHTED RATE 4.20% 4.24% 4.27% 4.00% 4.75% 4.75% 4.75% 4.75%
TOTAL JOINT VENTURE 1196.2 581.6 297.6 38.8 34.6 2.2 87.6 0.7 70.7 0.8 48.7 0.0 581.6
WEIGHTED RATE 5.97% 6.09% 5.23% 4.04% 8.12% 7.26% 7.67% 7.75% 6.61% 7.90% 7.90% 0.00%
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TRG BENEFICIAL INTEREST TOTALS
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FIXED RATE DEBT 1,371.1 1,024.4 84.8 6.6 186.5 8.8 94.9 8.7 78.9 342.2 140.2 72.8 1,024.4
7.52% 7.50% 7.80% 7.04% 8.28% 7.14% 7.63% 7.05% 6.65% 7.28% 7.69% 6.75%
FLOATING RATE DEBT 1,248.3 901.5 231.5 358.2 311.3 0.3 0.2 0.0 0.0 0.0 0.0 0.0 901.5
4.05% 4.00% 4.21% 4.27% 3.53% 4.75% 4.75% 4.75%
TOTAL 2,619.4 1,925.9 316.3 364.8 497.7 9.2 95.1 8.7 78.9 342.2 140.2 72.8 1,925.9
5.87% 5.86% 5.17% 4.32% 5.31% 7.05% 7.62% 7.05% 6.65% 7.28% 7.69% 6.75%
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Average Maturity 4.35
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(a) Does not include effect of amortization of debt issuance costs or interest rate hedging costs.
(b) As of 3/31/02, $200 M 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 through earnings.
(c) LIBOR rate is locked to April 2003 on $147.9 M at 4.59%.
(d) LIBOR rate is locked to November 2002 on $182.4 M at 4.15% and floating month to month on the remainder.
(e) LIBOR rate is locked to October 2002 on $106.7 M at 4.5% and to November 2002 on 17.6 M at 4.32% with the remainder floating month to month.
(f) LIBOR rate is locked to November 2002 on $75 M at 3.17%, to May 2002 on $65 M at 2.82% and is floating month to month on the remainder.
(g) LIBOR rate is locked to October 2002 on $164.6 M at 4.53% and to May 2002 on the remainder.
(h) LIBOR rate is locked to May 2002 on $48.3 M at 4.06% and is floating month to month on the remainder.
(i) Rate floats daily.
(j) LIBOR rate is floating month to month.
(k) LIBOR rate is locked to October 2002 on $160.4 M at 4.40%, to May 2002 on $5.2 M and is floating month to month on the remainder.
(l) LIBOR rate is locked to July 2002.
