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## FINANCIAL HIGHLIGHTS 

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(a) Interest expense coverage is defined as operating income before interest expense, amortization of deferred debt expense, depreciation and amortization, divided by interest expense. 

(b) Excludes Broadlands Villlage (under development) and Landsdowne and Clarendon Center land parcels. 

(c) Excludes Washington Square, which was under development. 

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601 Pennsylvania Avenue 

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Seven Corners 

