text: <html>
          <head> <meta charset="UTF-8">
          <style>
          table, th, td {
              border: 1px solid black;
              font-size: 10px;
          }
          </style> </head>
          <body>
          <table frame="hsides" rules="groups" width="100%%">
              [html]<thead><tr><tdrowspan="3"></td><tdcolspan="3">Total Portfolio</td><tdcolspan="3">Apartments</td><tdcolspan="3">MHCs</td></tr><tr><td>%</td><td>%</td><td>%</td><td>2013</td><td>2012</td><td>Change</td><td>2013</td><td>2012</td><td>Change</td></tr></thead><tbody><tr><td>2013</td><td>2012</td><td>Change</td><td>Property revenue</td><td>$ 30.436</td><td>$ 29.997</td><td>1.5 %</td><td>$ 27.409</td><td>$ 27.111</td><td>1.1 %</td></tr><tr><td>$ 3.027</td><td>$ 2.886</td><td>4.9 %</td><td>Property expenses</td><td>Operating expenses</td><td>4.648</td><td>4.770</td><td>( 2.6 )%</td><td>3.912</td><td>3.954</td></tr><tr><td>( 1.1 )%</td><td>736</td><td>816</td><td>( 9.8 )%</td><td>Utility and fuel expenses</td><td>4.416</td><td>3.843</td><td>14.9 %</td><td>4.145</td><td>3.556</td></tr><tr><td>16.6 %</td><td>271</td><td>287</td><td>( 5.6 )%</td><td>Property taxes</td><td>3.505</td><td>3.361</td><td>4.3 %</td><td>3.345</td><td>3.230</td></tr><tr><td>3.6 %</td><td>160</td><td>131</td><td>22.1 %</td><td>Total property expenses</td><td>12.569</td><td>11.974</td><td>5.0 %</td><td>11.402</td><td>10.740</td></tr><tr><td>6.2 %</td><td>1.167</td><td>1.234</td><td>( 5.4 )%</td><td>NOI</td><td>$ 17.867</td><td>$ 18.023</td><td>( 0.9 )%</td><td>$ 16.007</td><td>$ 16.371</td></tr><tr><td>( 2.2 )%</td><td>$ 1.860</td><td>$ 1.652</td><td>12.6 %</td><td>Operating margin</td><td>58.7 %</td><td>60.1 %</td><td>( 2.3 )%</td><td>58.4 %</td><td>60.4 %</td></tr></tbody>
          </table> </body> </html>