Exhibit 99.3
[LOGO OF AMREIT]
- --------------------------------------------------------------------------------
SUPPLEMENTAL FINANCIAL INFORMATION
MARCH 31, 2005
(Unaudited)
TABLE OF CONTENTS PAGE #
----------------- ------
Corporate Profile 1
Consolidated Balance Sheets 2
Consolidated Statement of Operations 3
Consolidated Statement of Operations - Segments 4
Summary of Operating Results 5 - 6
Funds From Operations
Dividends - All Classes of Common Shares
Rental Income
Real Estate Revenue Allocation
Interest Expense
Summary Balance Sheet Information 7
Common Share Data
Capitalization
Debt Information 8 - 9
Outstanding Balance and Terms
Fixed and Variable Rate Debt
Other Information 10 - 12
Property Table
Tenant Diversification
Lease Expiration Schedule
This Supplemental Financial Information package contains historical information
of the Company and is intended to supplement the Company's Annual Report on
Form 10-K for the year ended December31, 2004, and its unaudited quarterly
financial statements as of and for the period ended March 31, 2005. All
financial information in this Supplemental Financial Information package is
shown in thousands, except for per share data and share information.
Certain information contained in this Supplemental Financial Information package
includes certain forward-looking statements reflecting AmREIT's expectations in
the near term that involve a number of risks and uncertainties; however, many
factors may materially affect the actual results, including demand for our
properties, changes in rental and occupancy rates, changes in property operating
costs, interest rate fluctuations, and changes in local and general economic
conditions. Accordingly, there is no assurance that AmREIT's expectations will
be realized.
CORPORATE PROFILE:
AmREIT (AMEX: AMY) is a real estate investment trust ("REIT") focused on the
ownership, development and management of Irreplaceable Corners(TM) - defined as
premier retail frontage properties typically located on "Main & Main"
intersections in highly populated, high-traffic, affluent areas. Our portfolio
consists of shopping centers anchored by market dominant tenants such as Kroger,
Barnes & Noble and Walgreens and are supported by specialty retailers such as
GAP, Starbucks, Hallmark and Verizon. Our business structure is unique within
the REIT community and consists of a real estate operating and development
business, a securities business and a merchant development retail partnership
business. These synergistic businesses support our portfolio of Irreplaceable
Corners, and, along with our deep professional talent pool, allow the company
access to multiple avenues of low-cost capital which can then be deployed
efficiently and accretively for our shareholders. Through the retail partnership
funds, AmREIT captures recurring development, leasing, property management, and
asset management fees for services performed while maintaining an ownership
interest and profit participation. Our business structure allows the Company to
expand both internally and externally, distinguishing AmREIT as a value creator,
a growth company, and a source of dependable, monthly income.
CORPORATE OFFICE:
8 Greenway Plaza, Suite 1000
Houston, Texas 77046
(800) 888-4400
(713) 850-0498 (fax)
www.amreit.com
STOCK EXCHANGE:
American Stock Exchange - AMY
1
BALANCE SHEETS:
MARCH 31, DECEMBER 31,
2005 2004
------------ ------------
ASSETS
Real estate investments at cost
Land $ 67,168 $ 68,138
Building 85,961 88,211
Tenant improvements 4,248 4,243
------------ ------------
157,377 160,592
Less accumulated depreciation and amortization (3,990) (3,561)
------------ ------------
153,387 157,031
Real estate held for sale, net 9,925 6,326
Net investment in direct financing leases 19,218 19,219
Investment in retail partnerships and other
affiliates 1,877 1,979
------------ ------------
Net real estate investments 184,407 184,555
Cash and cash equivalents 3,891 2,960
Tenant receivables 1,900 1,338
Accounts receivable 485 37
Accounts receivable - related party 1,535 910
Deferred costs 1,027 1,040
Intangible lease cost, net 10,238 10,628
Other assets 1,992 1,683
------------ ------------
TOTAL ASSETS $ 205,475 $ 203,151
============ ============
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities:
Notes payable $ 92,751 $ 105,964
Accounts payable and other liabilities 3,862 4,830
Below market leases, net 2,393 2,504
Security deposits 367 368
------------ ------------
TOTAL LIABILITIES 99,373 113,666
------------ ------------
Minority Interest 1,105 1,115
Shareholders' Equity
Preferred Shares, $.01 par value, 10,000,000 shares
authorized, note issued - -
Class A Common shares, $.01 par value, 50,000,000
shares authorized, 3,493,328 and 3,462,767 shares
issued, respectively 35 35
Class B Common shares, $.01 par value, 3,000,000
shares authorized, 2,215,722 and 2,246,283 shares
issued, respectively 22 22
Class C Common shares, $.01 par value, 4,400,000
shares authorized, 4,083,276 and 4,079,174 shares
issued, respectively 41 41
Class D Common shares, $.01 par value, 17,000,000
shares authorized, 4,103,087 and 2,090,765 shares
issued, respectively 41 21
Capital in excess of par value 122,013 104,114
Accumulated distributions in excess of earnings (15,741) (15,038)
Deferred compensation (1,359) (770)
Cost of treasury shares, 9,116 Class A shares (55) (55)
------------ ------------
TOTAL SHAREHOLDERS' EQUITY 104,997 88,370
------------ ------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 205,475 $ 203,151
============ ============
2
STATEMENTS OF OPERATIONS
THREE THREE
MONTHS MONTHS
ENDED ENDED
MARCH 31, MARCH 31,
2005 2004
------------ ------------
Revenue:
Rental income from operating leases $ 4,313 $ 1,521
Earned income from direct financing leases 507 508
Real estate fee income 994 367
Securities commission income 2,123 1,905
Asset management fee income 117 75
Interest and other income 188 11
------------ ------------
Total revenues 8,242 4,387
------------ ------------
Expenses:
General and administrative 1,652 1,201
Property expense 729 209
Legal and professional 579 328
Securities commissions 1,633 1,424
Depreciation and amortization 1,097 225
Deferred merger costs - 1,320
------------ ------------
Total expenses 5,690 4,707
------------ ------------
Operating income (loss) 2,552 (320)
Other income (expense):
Income from retail partnerships and affiliates 31 15
Federal income tax (expense) benefit for TRS (34) (171)
Interest expense (1,517) (620)
Minority interest in income of consolidated joint
ventures (15) (44)
------------ ------------
Income (loss) before discontinued operations 1,017 (1,140)
Income from discontinued operations 341 167
Gain on sales of real estate acquired for resale - 608
------------ ------------
Income from discontinued operations 341 775
------------ ------------
Net income (loss) 1,358 (365)
Distributions paid to class B,C, and D shareholders (1,632) (813)
------------ ------------
Net loss available to class A shareholders $ (274) $ (1,178)
============ ============
Net (loss) income per class A common share - basic and
diluted
Loss before discontinued operations $ (0.18) $ (0.66)
Income from discontinued operations 0.10 0.26
------------ ------------
Net loss $ (0.08) $ (0.40)
============ ============
Weighted average class A common shares used to compute net
(loss) income per share, basic and diluted 3,471 2,953
============ ============
3
SEGMENTED OPERATIONS - FOR THE THREE MONTHS ENDED MARCH 31,
Real Estate Retail
1Q 2005 Portfolio Operations Securities Partnerships Total
- ----------------------------------- ------------ ------------ ------------ ------------ ------------
Rental Income $ 4,795 $ 25 $ - $ - $ 4,820
Securities Commissions - - 2,123 - 2,123
Real Estate Fee Income - 994 - - 994
Other Income 140 48 - 117 305
------------ ------------ ------------ ------------ ------------
Total Revenue 4,935 1,067 2,123 117 8,242
Securities Commission
Expense - - 1,633 - 1,633
Depreciation and Amortization 1,097 - - - 1,097
Property Expense 729 - - - 729
Professional Fees 314 95 16 425
Real Estate Commissions - 154 - - 154
Other expenses 329 661 623 39 1,652
------------ ------------ ------------ ------------ ------------
Total Expenses 2,469 910 2,272 39 5,690
Other income (expense) (1,566) 33 (4) 2 (1,535)
Income From Discontinued
Operations 318 23 - - 341
------------ ------------ ------------ ------------ ------------
Net Income (loss) $ 1,218 $ 213 $ (153) $ 80 $ 1,358
Real Estate Retail
1Q 2005 Portfolio Operations Securities Partnerships Total
- ----------------------------------- ------------ ------------ ------------ ------------ ------------
Rental Income $ 2,029 $ - $ - $ - $ 2,029
Securities Commissions - - 1,905 - 1,905
Real Estate Fee Income - 367 - - 367
Other Income 11 - - 75 86
------------ ------------ ------------ ------------ ------------
Total Revenue 2,040 367 1,905 75 4,387
Deferred merger expense 1,320 - - - 1,320
Securities Commission
Expense - - 1,424 - 1,424
Professional Fees 141 16 11 - 168
Depreciation and Amortization 225 - - - 225
Property Expense 209 - - - 209
Real Estate Commissions - 160 - - 160
Other Expenses 265 338 582 16 1,201
------------ ------------ ------------ ------------ ------------
Total Expenses 2,160 514 2,017 16 4,707
Other income/ (expense) (665) (166) (4) 15 (820)
Income From Discontinued
Operations 110 665 - - 775
------------ ------------ ------------ ------------ ------------
Net Income (loss) $ (675) $ 352 $ (116) $ 74 $ (365)
4
AmREIT
SUMMARY OF OPERATING RESULTS
THREE MONTHS ENDED
MARCH 31,
----------------------------
2005 2004
------------ ------------
FUNDS FROM OPERATIONS:
Income (loss) before discontinued operations $ 1,017 $ (1,140)
Income from discontinued operations 341 775
Depreciation of real estate assets - operations 955 223
Depreciation of real estate assets - discontinued operations 13 21
Gain on sale of real estate acquired for investment (250) -
Class B, C, and D common share distributions (1,632) (813)
------------ ------------
Total Funds from Operations available to Class A Shareholders $ 444 $ (934)
============ ============
Weighted Average Class A Shares Outstanding 3,471,028 2,952,984
Funds From Operations per Class A Share $ 0.13 $ (0.32)*
* The above FFO amount does not add back the non-cash deferred merger charge of
$0.45 per share, which would have resulted in Adjusted FFO of $0.13 per class A
common share.
THREE MONTHS ENDED
MARCH 31,
----------------------------
2005 2004
------------ ------------
DIVIDENDS:
Class A Dividends per Share $ 0.124 $ 0.116
As a Percentage of FFO 95.4% 89.2%
Non-Traded Common Shares:
Class B Common Share Dividends per Share (1) $ 0.19 $ 0.19
Class C Common Share Dividends per Share (2) $ 0.17 $ 0.17
Class D Common Share Dividends per Share (3) $ 0.16 $ -
(1) The class B common shares receive a cumulative preferred dividend,
fixed at 8%, payable quarterly. The shares are currently convertible
on a one for one basis into our class A common shares, and are
callable by the Company beginning in July 2005 on a one for one basis,
or $10.18 in cash at the holders option.
(2) The class C common shares receive a preferred dividend, fixed at 7%,
payable monthly. The shares are convertible into our class A common
shares based on 110% of invested capital (i.e. $1,000 in class C
common shares will convert into $1,100 in class A common shares) after
the seventh anniversary of issuance (beginning in 2010). The class C
common shares are callable by the Company beginning in 2006, based on
the same conversion formula (110% of invested capital).
(3) The class D common shares receive a preferred dividend, fixed at 6.5%,
payable monthly. The shares are convertible into our class A common
shares based on 107.7% of invested capital (i.e. $1,000 in class C
common shares will convert into $1,077 in class A common shares) after
the seventh anniversary of issuance (beginning in 2011). The class D
common shares are callable by the Company beginning in 2005, based on
the same conversion formula, prorated for the time outstanding (107.7%
of invested capital).
5
THREE MONTHS ENDED
MARCH 31,
----------------------------
2005 2004
------------ ------------
RENTAL AND EARNED INCOME:
Base minimum rent $ 3,326 $ 1,267
Earned Income from direct financing leases 507 508
Straight line rent 70 26
Over/Under market rent 67 -
Percentage rent 84 65
Tenant reimbursements 766 163
------------ ------------
Total Rental and Earned Income $ 4,820 $ 2,029
============ ============
THREE MONTHS ENDED
MARCH 31,
----------------------------
2005 2004
------------ ------------
REAL ESTATE OPERATING REVENUE:
Development and construction management fees
Retail partnerships and affiliates $ 165 $ 306
Unrelated third parties 19 -
Leasing and brokerage commissions
Retail partnerships and affiliates 565 -
Unrelated third parties 222 50
Property management fees
Retail partnerships and affiliates 23 11
Unrelated third parties -
------------ ------------
Total Real Estate Operating Revenue $ 994 $ 367
============ ============
Percent attributable to retail partnerships and affiliates 75.8% 86.4%
Percent attributable to unrelated third parties 24.2% 13.6%
THREE MONTHS ENDED
MARCH 31,
----------------------------
2005 2004
------------ ------------
INTEREST EXPENSE:
Interest paid - floating rate $ 462 $ 177
Interest paid - fixed rate 1,111 443
Out-of-market debt amortization (56) -
------------ ------------
Total Interest Expense $ 1,517 $ 620
============ ============
6
AmREIT
SUMMARY BALANCE SHEET INFORMATION
MARCH 31, DECEMBER 31,
2005 2004
--------- ------------
CLASS A COMMON SHARE DATA:
Closing Market Price $ 8.09 $ 8.05
Dividend Yield 6.13% 5.96%
90-Day Average Trading Volume 3,777 2,659
TOTAL CAPITALIZATION - AS OF MARCH 31, 2005:
Debt $ 92,751 $ 105,964
Class A Common Shares at Market 28,187 23,662
Class B Common Shares as Converted 17,925 19,018
Class C Common Shares as Converted 44,916 44,871
Class D Common Shares as Converted 44,190 22,372
--------- ------------
Total Capitalization $ 227,969 $ 215,887
========= ============
Debt to Total Capitalization 40.7% 49.1%
7
AmREIT
DEBT INFORMATION
AMOUNT AMOUNT
OUTSTANDING OUTSTANDING INTEREST ANNUAL DEBT MATURITY
DESCRIPTION 3-31-2005 12-31-2004 RATE SERVICE DATE
- ---------------------------------- ----------- ----------- ----------- ----------- -----------
Credit Facility* $ 25,127 $ 38,014 4.40% $ 1,673 10/4/2005
----------- -----------
2005 MATURITIES $ 25,127 $ 38,014
MacArthur Park $ 13,410 $ 13,410 6.17% $ 827 12/1/2008
----------- -----------
2008 MATURITIES $ 13,410 $ 13,410
Hollywood Video, MS $ 943 $ 946 8.38% $ 91 4/1/2009
----------- -----------
2009 MATURITIES $ 943 $ 946
Merger Dissenters $ 760 $ 760 5.47% $ 43 7/23/2010
----------- -----------
2010 MATURITIES $ 760 $ 760
Sugarland IHOP $ 1,224 $ 1,233 8.25% $ 138 3/1/2011
Sugar Land Plaza 2,330 2,336 7.60% 203 11/1/2011
----------- -----------
2011 MATURITIES $ 3,554 $ 3,569
Albuquerque IHOP $ 707 $ 712 7.89% $ 75 4/24/2012
Baton Rouge IHOP 1,168 1,176 7.89% 124 4/24/2012
Beaverton IHOP 828 834 7.89% 88 4/16/2012
Charlottesville IHOP 589 593 7.89% 62 4/24/2012
El Paso #1934 IHOP 710 715 7.89% 75 4/16/2012
Rochester IHOP 888 894 7.89% 94 4/16/2012
Shawnee IHOP 701 706 7.89% 74 4/18/2012
5115 Buffalo Spdwy. 2,781 2,789 7.58% 241 5/11/2012
Salem IHOP 581 585 7.89% 61 5/17/2012
Springfield IHOP 963 971 7.89% 102 6/21/2012
Roanoke IHOP 670 673 7.89% 71 7/26/2012
Centerville IHOP 1,169 1,176 7.89% 124 7/26/2012
Memphis #4462 IHOP 1,263 1,271 7.89% 134 7/19/2012
Alexandria IHOP 674 679 7.89% 71 7/19/2012
El Paso #1938 IHOP 844 849 7.89% 89 8/23/2012
La Verne IHOP 703 707 7.89% 74 8/23/2012
Memphis #4482 IHOP 732 737 7.89% 77 8/23/2012
Parker IHOP 788 793 7.89% 83 8/23/2012
----------- -----------
2012 MATURITIES $ 16,759 $ 16,861
Cinco Ranch $ 8,524 $ 8,555 5.60% $ 601 7/10/2013
Plaza in the Park 18,016 18,081 5.60% 1,270 7/10/2013
----------- -----------
2013 MATURITIES $ 26,540 $ 26,635
Bakery Square $ 4,381 $ 4,435 8.00% $ 571 2/10/2017
----------- -----------
2017 MATURITIES $ 4,381 $ 4,435
----------- -----------
TOTAL MATURITIES** $ 91,475 $ 104,631
=========== ===========
8
- ----------
*Our revolving credit facility is a variable-rate debt instrument, and its
outstanding balance fluctuates throughout the year based on our liquidity needs.
Annual Debt Service on this debt instrument assumes that the amount outstanding
and the interest rate as of December 31, 2004 remain constant through maturity.
**Total maturities above is $1.3 million less than total debt as reported in our
consolidated financial statements due to the premium recorded on above-market
debt assumed in conjunction with certain of our 2004 property acquisitions.
March 31, % of December 31, % of
2005 Total 2004 Total
---------- ---------- ------------ ----------
Variable vs. Fixed Rate Debt: $ 25,127 27.1% $ 38,014 35.9%
Variable rate debt 67,624 72.9% 67,950 64.1%
---------- ------------
Fixed rate debt $ 92,751 $ 105,964
9
AmREIT
PROPERTY & TENANT INFORMATION
ANNUALIZED
BASE RENT
AS OF
MULTI-TENANT DATE DECEMBER 31, %
SHOPPING CENTERS MAJOR TENANTS CITY STATE ACQUIRED GLA 2004 LEASED
- --------------------- ----------------- -------------- ----- ---------- --------- ------------ -------
MacArthur Park Kroger Dallas TX 12/27/04 198,443 $ 2,964,192 100%
Plaza in the Park Kroger Houston TX 07/01/04 138,663 2,470,512 95%
Cinco Ranch Kroger Houston TX 07/01/04 97,297 1,245,828 100%
Bakery Square Walgreens &
Bank of America Houston TX 07/21/04 34,614 849,456 100%
Uptown Plaza CVS/pharmacy Houston TX 12/10/03 26,400 1,182,312 95%
Woodlands Plaza FedEx/Kinkos &
Rug Gallery The Woodlands TX 06/03/98 20,018 377,332 100%
Sugarland Plaza Mattress Giant Sugarland TX 07/01/98 16,750 349,545 100%
Terrace Shops Starbucks Houston TX 12/15/03 16,395 457,160 100%
Copperfield Medical Texas Children's
Pediatrics Houston TX 09/26/95 14,000 219,212 100%
Courtyard at Post Oak Verizon Wireless Houston TX 06/15/04 13,597 477,360 100%
San Felipe and
Winrock (1) Houston TX 11/17/03 8,400 ** **
--------- ------------ ------
Multi-Tenant
Shopping Centers
Total 584,577 10,592,909 98%
ANNUALIZED
BASE RENT
AS OF
DATE DECEMBER 31, %
SINGLE TENANT (GROUND LEASES) CITY STATE ACQUIRED GLA 2004 LEASED
- ---------------------------------------- -------------- ----- ---------- --------- ------------ ------
CVS Corporation Houston TX 01/10/03 13,824 $ 327,167 100%
Darden Restaurants Peachtree City GA 12/18/98 6,867 79,366 100%
Carlson Restaurants Hanover MD 09/16/03 6,802 141,674 100%
410-Blanco (1) San Antonio TX 12/17/04 5,000 ** **
Bank of America Houston TX 11/17/03 4,420 247,975 100%
Comerica Bank (1) Houston TX 04/30/04 4,277 ** **
Washington Mutual Houston TX 12/11/96 3,685 98,160 100%
Washington Mutual The Woodlands TX 09/23/96 3,685 61,060 100%
Yum Brands (2) (3) Houston TX 10/14/03 2,818 79,440 100%
--------- ------------ ------
Single Tenant (Ground Leases) Total 51,378 1,034,842 100%
10
ANNUALIZED
BASE RENT
AS OF
DATE DECEMBER 31, %
SINGLE TENANT (FEE SIMPLE) CITY STATE ACQUIRED GLA 2004 LEASED
- ------------------------------------------- -------------- ------- ---------- --------- ------------ ------
Vacant (2) Baton Rouge LA 06/09/97 20,575 ** 0%
Baptist Memorial
Medical Plaza Memphis TN 07/23/02 15,000 222,643 100%
Comp USA Roseville MN 07/23/02 15,000 267,584 100%
Energy Wellness Sugarland TX 07/23/02 15,000 187,857 100%
Transworld Independence MO 07/23/02 14,047 135,000 100%
Entertainment
Golden Corral Houston TX 07/23/02 12,000 182,994 100%
Golden Corral Humble TX 07/23/02 12,000 181,688 100%
Carlson Restaurants Houston TX 07/23/02 8,500 200,000 100%
Pier One Imports Inc. Longmont CO 07/23/02 8,014 135,152 100%
Hollywood
Entertainment Corp. Lafayette LA 10/31/97 7,488 150,874 100%
Hollywood
Entertainment Corp. Ridgeland MS 12/31/97 7,488 155,067 100%
Radio Shack
Corporation Dallas TX 06/15/94 5,200 108,900 100%
IHOP Corporation
#1483 Sugarland TX 09/22/99 4,020 188,112 100%
IHOP Corporation
#1737 (6) Centerville UT 07/25/02 4,020 160,849 100%
IHOP Corporation
#4462 (6) Memphis TN 08/23/02 4,020 176,768 100%
IHOP Corporation
#5318 Topeka KS 09/30/99 4,020 156,395 100%
Payless Shoesources
Inc. Austin TX 07/23/02 4,000 80,000 100%
AFC, Inc. Atlanta GA 07/23/02 2,583 119,279 100%
Jack in the Box Inc. Dallas TX 07/23/02 2,238 78,729 100%
(4)
Advance Auto (1)(2)(3)(5) Various Various Various 49,000 ** **
--------- ------------ ------
Single Tenant (Fee Simple) Total 214,213 2,887,891 88%
ANNUALIZED
BASE RENT
AS OF
DATE DECEMBER 31, %
SINGLE TENANT (LEASEHOLD) CITY STATE ACQUIRED GLA 2004 LEASED
- ------------------------------------------- -------------- ------- ---------- --------- ------------ ------
IHOP Corporation (6) Various Various Various 60,300 $ 1,565,674 100%
--------- ------------ ------
Company Total GLA/% Leased 910,468 16,081,316 97%
- ----------
(1) Under Development (GLA represents proposed leaseable square footage).
(2) Held for Sale
(3) Held in joint venture of which we are the managing 50% owner
(4) Property was sold subsequent to December 31, 2004
(5) Advance Auto properties are located in MO and IL. Each of the properties has
a proposed GLA of 7,000 square feet.
(6) IHOP properties are located in NM, LA, OR, VA, TX, CA, TN, CO, VA, NY, OR,
KS, UT and MO. Each of the properties has a GLA of 4,020 square feet. These
properties are held by a consolidated subsidiary, 79.0% of which is owned by
AmREIT, 19.6% of which is owned by AmREIT Income & Growth Corporation, one
of our affiliated retail partnerships, and 1.4% of which is owned by
unaffiliated third parties.
11
TOP 10 TENANTS BY REVENUE CONCENTRATION AS OF MARCH 31, 2005:
% OF TOTAL
RENTAL OPERATING
TENANT INCOME REVENUE
- --------------------------------------------- ------------ ------------
Kroger $ 626 7.6%
IHOP 562 6.8%
CVS/pharmacy 236 2.9%
Golden Corral Corporation 158 1.9%
Linens N Things 155 1.9%
Landry's, Inc. 129 1.6%
Bank of America 110 1.3%
Barnes & Nobel 95 1.1%
Carlson Restaurants Worldwide 85 1.0%
Hallmark 82 1.0%
------------ ------------
Total $ 2,238 27.1%
LEASE EXPIRATIONS BY YEAR:
NUMBER
OF LEASE SQUARE PERCENT
EXPIRATION YEAR EXPIRING FOOTAGE OF TOTAL
- -------------------------------- ------------ ------------ ------------
2005 ........................... 14 37,450 4.40%
2006 ........................... 18 45,589 5.35%
2007 ........................... 9 51,431 6.04%
2008 ........................... 17 63,560 7.47%
2009 ........................... 21 74,732 8.78%
2010 ........................... 9 43,797 5.14%
2011 ........................... 25 125,064 14.69%
2012 ........................... 8 55,039 6.46%
2013 ........................... 2 11,131 1.31%
2014 ........................... 5 8,050 0.95%
2015 ........................... 0 0 0.00%
2016 ........................... 1 15,120 1.78%
2017 ........................... 0 0 0.00%
2018 ........................... 0 0 0.00%
2019 ........................... 3 12,838 1.51%
2020 ........................... 3 71,413 8.39%
2021 ........................... 2 82,265 9.66%
2022 ........................... 1 4,020 0.47%
2023 ........................... 1 63,373 7.44%
2024 ........................... 4 26,284 3.09%
2025 ........................... 6 32,100 3.77%
2026 ........................... 4 16,080 1.89%
2027 ........................... 3 12,060 1.42%
------------ ------------ ------------
Totals 156 851,396 100.00%
12