This excerpt taken from the WRE 10-K filed Mar 16, 2005.
Revised Trustee Compensation Plan
In November 2004, the Board of Trustees approved revisions to the Trustee Compensation Plan, which specifies the compensation of trustees who are not employees of the Trust. The first cash and share grant benefits under the amended plan will be paid in 2005.
The plan, as revised, provides for trustee compensation as follows: