WRI » Topics » Basis of Presentation

This excerpt taken from the WRI 8-K filed Feb 20, 2008.
Basis of Presentation - The accompanying Historical Summary has been prepared for the purpose of complying with the provisions of Article 3-14 of Regulation S-X promulgated by the Securities and Exchange Commission (the "SEC"), which requires certain information with respect to real estate acquisitions to be included with certain filings with the SEC.  The Historical Summary for the year ended December 31, 2006 includes the historical revenues and certain operating expenses of the Portfolio, exclusive of interest, management fees, corporate level general and administrative expenses and depreciation and amortization, which may not be comparable to the future operations of the Portfolio.

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