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The change in the Canadian net property operating income for the three months ended December 31, 2010 as compared to the respective 2009 period is ($1.4 million). The change in the Canadian net property operating income of ($6.3 million) for the year ended December 31, 2010 as compared to the prior year’s period is primarily due to increased interest expense. 

The change in U.S. net property income of $9.5 million and $11.2 million for the three months and year ended December 31, 2010, as compared to the respective prior periods, is primarily due to a change in foreign exchange rates, a one-time adjustment for straight lining of contractual rent, a decrease in mortgage interest expense, net property operating income generated from U.S. property acquisitions and decreased net property operating loss for those properties upon which the lender has taken back title for certain mortgages related to properties where the tenant has filed for protection under Chapter 11 of the United States Bankruptcy Code. Had the net property income for properties located in the United States been shown in U.S. dollars, and excluding the straight lining of contractual rent adjustment, the decrease in mortgage interest expense, the net property loss from those properties where the tenants have terminated their leases and the acquisitions during 2010, it would have shown income of $2.5 million and $7.9 million for the three months ended December 31, 2010 and the year ended December 31, 2010 as compared to income of $2.0 million and $7.4 million for the three months ended December 31, 2009 and the year ended December 31, 2009, respectively. 

